Cathay swings to profit as transformation bears fruit

The Cathay Pacific Group posted an operating profit of HK$3.6 billion ($459 million) in 2018, after two years of consecutive losses, as it saw the positive impact from its transformation programme. The result is a sharp improvement from the HK$1.45 billion loss logged in 2017. Revenue rose 14.2% to HK$111 billion, boosted by increases in […]
Source: http://www.ncairways.co/aviation/cathay-swings-to-profit-as-transformation-bears-fruit/