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Cathay Pacific sees strong demand surge but warns fuel costs are squeezing margins

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Cathay Pacific sees strong demand surge but warns fuel costs are squeezing margins

Cathay Pacific reported strong traffic performance in March, supported by premium demand and a surge in passengers rerouting away from Middle East hubs, although rising jet fuel costs continue to pressure margins, according to a research note from HSBC.  HSBC said the airline’s revenue passenger...

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