Cathay Pacific makes record profit as revenue rises 85pc

Capt. John

HONG KONG’s Cathay Pacific Airways has finally shaken off the lingering effects of the Covid scare, reporting a record operating profit, reports Bloomberg. ‘In 2023, we finally left the Covid-19 pandemic behind us,’ said chairman Pat Healy. Operating income more than tripled to HK$15.1 billion (US$1.9 billion) in 2023, Hong Kong’s dominant carrier said. That bested the previous record of HK$14.1 billion in 2010, though was broadly in line with analyst estimates of HK$15 billion. The more...

https://www.seanews.com.tr/cathay-pacific-makes-record-profit-as-revenue-rises-85pc/199878/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon