Cathay Pacific first-half profit drops 59% on high fuel prices

Posted 15/08/2011

Cathay Pacific Airways blamed high fuel prices for a 59% year-over-year drop in net profit to HK$2.8 billion ($359 million) for the first six months of 2011.

Originally published 15 Aug 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/2ejWfof1WtQ/cathay-pacific-first-half-profit-drops-59-high-fuel-prices-0813

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