Outrigger Hotels and Resorts
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Published on Thursday, August 12, 2021

Cathay Pacific cuts H1 loss






Cathay Pacific narrowed losses in the first six months of 2021, but it still remains in the 'toughest period' of its long history. It posted a US$972 million net loss in the first six months of 2021, down from $1.3 billion for the same period last year.


The pandemic will continue to have a 'severe impact' on the business at least until international borders reopen across the region and globally, says Chairman Patrick Healy.


 


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