Cathay Pacific 2019 profits plunge, predicts virus losses


AFP
| 2020/03/11 | 577 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Cathay Pacific on Wednesday said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while it warned financial losses lay ahead owing to the spread of the new coronavirus.The flagship carrier was battered throughout the second half of last year as violent pro-democracy protests raged for months in Hong Kong, sparked by widespread public anger at Beijing's rule.The demonstrations, which saw battles between police and protesters rage for seven straight months, hammered tou...(…)

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