Cathay Pacific A330-300. Photo: By Rob Finlayson. Cathay Pacific Airways has announced in a trading statement that it expects its consolidated profit for the year ending Dec. 31, 2010 will not be less than HK$12.5 billion ($1.62 billion), “as demand for passenger and cargo services had remained very strong with revenues at high levels.” The anticipated record profit will arrive only two years after CX suffered a record loss in 2008 (ATW Daily News, March 12, 2009), and ...

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