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Cathay sticks to fuel price shield despite HK$911m hedging loss
CATHAY Pacific Airways Ltd lost HK$911 million (S$162.6 million) from fuel hedges last year. It has also racked up HK$12.5 billion in unrealised losses. Chief executive officer Ivan Chu says he will still stay the course.
"We would stick by it," Mr Chu, 54, said on
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