You are here

Cathay Pacific profit up 90% on tumbling oil prices

Thursday, March 10, 2016 - 05:50

Hong Kong

HONG KONG flag carrier Cathay Pacific said net profit almost doubled last year as tumbling oil prices slashed

fuel costs and boosted passenger numbers, although global demand dented the cargo unit.

With fuel accounting for a huge chunk of most airlines' outlay, the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom