Cathay Pacific reports first half loss of US$262mil

In the red: People photograph an Airbus SE A330 aircraft operated by Cathay Pacific as the airplane approaches to land at Hong Kong International Airport. The airline reported a net loss of US262mil for the six months through June, potentially putting it on course for the first back-to-back annual losses in its 70-year history. — Bloomberg

Carrier struggles to get top dollar from passengers

BEIJING: Cathay Pacific Airways Ltd is slipping in its efforts to get passengers to pay more for its premium services in a test for new chief executive officer Rupert Hogg as the company reported back-to-back losses.