HONG KONG: Cathay Pacific Airways Ltd reported a net loss of HK$21.65bil (US$2.8bil or RM11.5bil) for 2020, a period the carrier described as “the most challenging 12 months of its more than 70-year history” as the coronavirus pandemic brought unprecedented disruption to global air travel.
The outlook isn’t much better, according to airline chairman Patrick Healy, who said in a statement “it is by no means clear how the pandemic and its impact with develop.”
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