HONG KONG: Cathay Pacific Airways reported its best first-half profit since 2010, staying "cautiously optimistic" on the outlook for the rest of the year despite warning that higher jet fuel prices due to the Middle East conflict were likely to persist.
The Hong Kong flagship carrier said on Wednesday its net profit rose 71% to HK$6.24 billion ($795.59 million) for the six months ended June 30 on the back of strong passenger and cargo demand.
