The airline reported a net loss of HK$7.6bil (US$977mil or RM4.14bil) in the six months through June, compared with a HK$9.9bil (RM5.39bil) deficit in the same half of 2020. Sales dropped 43% to HK$15.9bil (RM8.66bil), Cathay said in a statement yesterday.
HONG KONG: Cathay Pacific Airways Ltd’s first-half loss narrowed from a year earlier as the Hong Kong-based carrier slashed costs and cargo operations helped offset feeble passenger traffic.
The airline reported a net loss of HK$7.6bil (US$977mil or RM4.14bil) in the six months through June, compared with a HK$9.9bil (RM5.39bil) deficit in the same half of 2020. Sales dropped 43% to HK$15.9bil (RM8.66bil), Cathay said in a statement yesterday.
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