Hong Kong carrier Cathay Pacific posts $972 mn first-half loss

HONG KONG: Struggling Hong Kong carrier Cathay Pacific on Wednesday reported a $972 million net loss in the first six months of 2021 as the pandemic continues to hammer demand for travel.

And while the figure is an improvement on the $1.3 billion loss suffered in the same period last year, the airline said the outlook remained uncertain owing to the emergence of the more transmissible Delta variant.

Cathay Pacific hiring more local pilots despite travel slump