Cathay Pacific warns of US$1.3 bn loss in first half

Hong Kong carrier Cathay Pacific issued a profit warning on Friday estimating it has haemorraged $HK9.9 billion (US$1.3 billion) in the first half of the year as it reels from the coronavirus pandemic. "The Group will record a net loss attributable to shareholders of approximately HK$9.9 billion, which compares to...

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