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It seems pressure may be mounting on Cathay Pacific Airways after analysts in the South China Morning Post described the carrier’s first- half performance as one of “the worst in its operating history”. Estimates are that Cathay is eyeing a HK$1.2bn loss for the six months to June. This will be confirmed when results are released tomorrow. Such a performance continues a bad 12-month run, with full-year 2016 results indicating a HK$575m loss, despite having achieved a HK$353m profit for ...
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