Cathay Pacific Group Reports HK$9.78 Billion Net Profit After Overcoming Covid-19 Challenges

Wednesday, 13 March 2024, 04:32

Cathay Pacific Group, led by chairman Patrick Healy, successfully navigates the post-pandemic recovery period, posting a net profit of HK$9.78 billion and anticipating 80% flight capacity by Q2. The financial turnaround signals a positive outlook for the airline industry amidst the lingering effects of Covid-19.
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Cathay Pacific Group Reports HK$9.78 Billion Net Profit After Overcoming Covid-19 Challenges

Cathay Pacific Group Soars to Success

After three years of losses, Cathay Pacific Group is experiencing a remarkable turnaround in fortune. Led by group chairman Patrick Healy, the airline expects to restore 80% of its pre-pandemic flight capacity in the second quarter of the year.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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