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Hong Kong's Cathay Pacific posts $834 million loss for 2022

Por: Associated Press Business March 08, 2023

HONG KONG (AP) — Cathay Pacific Airways Ltd. said it was ready to rebuild as Hong Kong opened up to global visitors, despite reporting wider losses in 2022.The airline reported an annual loss of 6.55 billion Hong Kong dollars ($834.4 million) for the year ending Dec. 31 — an 18.5% increase in losses from 2021 amid strict entry restrictions into the city during the first half of 2022. However, Cathay saw revenue grow 12% to 51 billion Hong... + full article



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