Positive sentiment: Cathay Pacific jets are seen on the tarmac at Hong Kong’s international airport. Chairman Slosar says the airline in on track to achieve sustainable long-term performance. — AFP
HONG KONG: More passengers, higher ticket prices and a cargo rebound couldn’t save Cathay Pacific Airways Ltd from slumping into yet another loss.
For chief executive officer Rupert Hogg, that means his restructuring efforts need to strengthen further to turn the tide.
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