Cathay Pacific lost HK$575 million last year, the first time its profits fell into the red since 2008. Revenue fell 9 per cent to HK$92.75 billion. Photo:
David Dodwell
Opinion

Opinion

Outside In by David Dodwell

Cathay Pacific has an arduous flight ahead before it can hope to silence its armchair critics

It can also expect the competitive backdrop to become ferocious as mainland airlines become stronger and more ambitious

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Cathay Pacific lost HK$575 million last year, the first time its profits fell into the red since 2008. Revenue fell 9 per cent to HK$92.75 billion. Photo:
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