Cathay Pacific has further lowered its full-year profit forecast as it issued a warning that the second half of 2019 will come in lower than expected due to continued protests in Hong Kong. Ronald Lam, Cathay Pacific’s chief customer and commercial officer warned that the short-term outlook remains “challenging and uncertain”. He said: “We expect our second-half financial results will be significantly below those of our first-half.” Cathay Pacific said its drop in business was due to reduced passenger volume, less busy flights and lower airfares. In response, the airline will cut passenger flight capacity against its original schedule by

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