Airline

Cathay Pacific H1 results worse than expected

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Cathay Pacific H1 results worse than expected

Cathay Pacific has reported its H1 profit as lagging behind estimates, citing competition with Middle East carriers and mounting losses from affiliates.The airline reported net income as increasing fourteen-fold to HK$347 million (US$45 million) in the six months ended in June, compared with the HK$...

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