Hong Kong's Cathay Pacific posts US$161m loss for 2017

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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    HONG KONG: Hong Kong flag carrier Cathay Pacific on Wednesday (Mar 14) announced a HK$1.26 billion (US$161 million) net loss for 2017, marking the first back-to-back annual loss in its 71-year history. The company had been hit by intense competition from rival airlines and higher fuel prices ...

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