Cathay Pacific Airways has posted a net profit of HK$6 billion ($774 million) for 2015, up 90.5% compared to a net profit of HK$3.15 billion for 2014. The Hong Kong-based carrier attributed the improved performance to low fuel prices, along with strong economy class demand that offered higher load factors throughout the year. Cathay’s overall operating expenses (ex-fuel) increased 2.3% in 2015, which was partly attributed to congestion and flight restrictions at Hong Kong ...

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