Cathay Pacific warns of historic HK$9.9 billion loss due to coronavirus pandemic
SCMP, 17 Jul 2020
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Cathay Pacific Airways has said it expects to lose HK$9.9 billion (US$1.28 billion) in the first six months of 2020, the largest in its history. The airline issued a profit warning on July 17, 2020, and said the loss had been caused by the coronavirus pandemic.
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Cathay Pacific Airways has said it expects to lose HK$9.9 billion (US$1.28 billion) in the first six months of 2020, the largest in its history. The airline issued a profit warning on July 17, 2020, and said the loss had been caused by the coronavirus pandemic.
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