Cathay Pacific 'is back' with first annual profit since 2019
Hong Kong (AFP) Mar 13, 2024
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing a surge in demand as it emerges from the impact of the financial hub's Covid isolation. Hong Kong's aviation sector has struggled to fully recover from the impact of pandemic-era policies, which imposed strict rules on travellers and kept the city internationally isolated before they bega