Cathay Pacific Airways reported a 2018 first-half net loss of HK$263 million ($33.5 million), narrowed from a net loss of HK$2.1 billion in the year-ago half as the Hong Kong-based carrier’s multi-year recovery and restructuring effort remains on track. Cathay chairman John Slosar noted the airline is now about halfway through its three-year transformation program and expects to achieve a better result in the traditionally stronger second half. As with the rest of the industry, ...

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