Cathay books best 1st-half profit since 2010 as demand cushions war impact
Airline optimistic for summer travel; cargo thrives but questions mount over longevity
Source excerpt
Airline optimistic for summer travel; cargo thrives but questions mount over longevity
Cathay Pacific jets at Hong Kong's airport: The flag carrier has reaped strong earnings despite industry disruptions from the war in the Middle East. (Photo by Yuki Kohara)
HONG KONG -- Cathay Pacific Airways on Wednesday recorded its second-highest earnings for a first half in history, as the Hong Kong flag carrier shrugged off the Iran war's impact on fuel costs thanks to strong passenger and cargo demand.
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