Cathay first-half profit dips on fuel pressures

Cathay Pacific Airways reported a profit of HK$1.67 billion ($214.9 million) for the six months ended June 30, down 5.7% compared to a HK$1.77 billion first-half profit last year as a 27.9% rise in fuel expense dampened strong passenger demand. Passenger and cargo fuel surcharges only partially...

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