Cathay Pacific net profit H1 2016 - updates

Rappler's latest stories on Cathay Pacific net profit H1 2016

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Cathay Pacific H1 profit drops amid China slowdown

Aug 17, 2016 - 11:10 PM

The airline s net profit for the first 6 months of the year slides 82 to HK 353 million 45 52 million

epa05492249 A Cathay Pacific cargo plane takes off from Hong Kong International Airport in Hong Kong, China,17 August 2016. Cathay Pacific's first-half net profit declined by 82.1 per cent, hurt by fewer tourist arrivals, cut backs in corporate travel and intense competition from mainland Chinese airlines. Cathay?s cargo-carrying business yield fell 17.6 per cent, while the cargo traffic declined 2.3 per cent. EPA/JEROME FAVRE