Aug 12, 2020 SOURCE: AFP
Cathay Pacific reports first-half loss of US$1.27 billion
Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year as the coronavirus pandemic sent passenger numbers tumbling, eviscerating its business.
Before the pandemic, Cathay Pacific was one of Asia's largest international airlines and the world's fifth-largest air cargo carrier....
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