Cathay Pacific Airways, ATW's 2006 Airline of the Year, emphatically stamped itself as one the world's strongest performers with a profit of HK$3.47 billion ($446.9 million) in 2005 despite a 38% rise in fuel prices. Although profit fell 23.2% from 2004's HK$4.52 billion, Cathay's underlying fundamentals improved. Turnover climbed 19.1% to a record HK$50.91 billion, passengers carried grew 13% to 15.4 million, load factor lifted 1.4% to 78.7%, passenger yield increased 1.1% and freight ...

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