Cathay Pacific and Cathay Dragon report combined HK$4.5 billion loss for start of 2020 - ShareIsValue
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Friday, May 15, 2020

Cathay Pacific and Cathay Dragon report combined HK$4.5 billion loss for start of 2020

Cathay Pacific Group’s two main airlines reported a combined HK$4.5 billion unaudited loss in the first four months of 2020, it said in a stock exchange filing on Friday.Hong Kong’s flag carrier reported a 99.6 per cent wipe out in passengers carried in April, the most ever recorded by the airline group, versus the 3.12 million customers carried in the same month last year.Ronald Lam Siu-por, Cathay Pacific’s chief customer and commercial officer, said: “The Covid-19 pandemic continues to…

from South China Morning Post https://www.scmp.com/news/hong-kong/transport/article/3084514/cathay-pacific-and-cathay-dragon-report-combined-hk45

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