Cathay Pacific has come ‘close’ to breaking even, but pandemic-related uncertainty still looms, monthly report says

Cathay Pacific finally began to stanch its massive monthly operating losses and came “close” to breaking even between July and October, despite ongoing pandemic-related restrictions continuing to hamper its business, the airline said on Wednesday.Hong Kong’s beleaguered flagship airline said its financial performance would see a “considerable improvement” in the second half of the year, but it would still record a “substantial” loss for 2021 as a whole.The airline also faces the risk of Hong…

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