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Intense competition' swings Cathay to HK$1.7bn loss in H1

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The Cathay Pacific Group swung to an operating loss of HK$1.7 billion ($217.3 million) for the first half of 2017, reversing from the HK$664 million profit posted the same period a year ago, reflecting intense competition and downward pressure on yields (www.flightglobal.com) More...

Phil St Clair
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