Airline

Cathay Pacific falls heavily (unfortunately) completing the correct predictions from the May/June issue of Airline Economics – That “Investing in Airlines” issue is now confirmed to have been totally accurate before any other commentators.

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Cathay Pacific falls heavily  (unfortunately) completing the correct predictions from the May/June issue of Airline Economics – That “Investing in Airlines” issue is now confirmed to have been totally accurate before any other commentators.

Cathay Pacific Airways has reported a first-half loss of HK$935 million ($121 million) caused by a 10% fall in freight volumes due to poor demand on European and North American routes. Overall sales were up however by 4.4% to HK$48.9 billion. Cargo revenue fell 7.6% to HK$11.9 billion, with just 64....

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