Cathay Pacific Airways has reported a first-half net profit of HK$347 million ($45 million), up dramatically from a net income of HK$24 million in the year-ago period. The Hong Kong-based carrier said the much-improved results were due to the robust growth of passenger demand, especially on long-haul routes. First-half revenue rose 4.6% to HK50.84 billion while expenses increased 3.6% to HK49.26 billion. Fuel remains the Group’s most significant cost, accounting for 38% of its total ...

Subscribe to Access this Entire Article

"Cathay Pacific’s 1H profit soars " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.