Airlines filling seats but profits still grounded


  • Business
  • Saturday, 26 Jul 2003

HONG KONG: Passengers have returned to Asia’s SARS-buffeted airlines but free tickets and heavy discounts are putting pressure on already paltry bottom lines. 

To lure back customers Thai Airways International and Cathay Pacific Airways have given away 30,000 free tickets. And Hong Kong’s No. 2 carrier, Dragonair, has sold round-trip tickets to Beijing for as little as HK$800, a fraction of the regular price of HK$4,800. 

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