Tag: Cathay Pacific
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in 2022
Hong Kong-based airline Cathay Pacific reported a significant financial loss of US$893.77 million for 2022, exceeding analyst predictions. The carrier's performance was impacted by prolonged travel restrictions, though the company remains optimistic about recovery following the relaxation of quarantine regulations in Hong Kong and mainland China.
