Cathay Pacific 2019 profits plunge, predicts losses from Covid-19

Wed, Mar 11, 2020 - 1:24 PM

Cathay Pacific on Wednesday said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while warning financial losses lay ahead owing to the spread of the novel coronavirus.

PHOTO: AFP

[HONG KONG] Cathay Pacific on Wednesday said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while warning financial losses lay ahead owing to the spread of the novel coronavirus.

The flagship carrier was hammered throughout the second half of last year as violent...

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