Airline

Cathay Pacific reports loss of US$33 million

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Cathay Pacific reports loss of US$33 million

Cathay Pacific Airways reported a loss of HK$263 million (US$33 million) for the first half of this year on the back of rising operating expenses, which rose by 8.5% to HK$53.3 billion in the first six months of the year. Fuel costs rose by 7.4%, with airport landing and parking fees up 18.4% and ai...

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