Cathay Pacific’s performance in the second half of 2019 came as a surprise as most analysts had expected the airline to make a loss. Photo: Edward Wong

Cathay Pacific’s surprise HK$344 million profit tempered by predictions of ‘substantial loss’ for first half of 2020

  • Better than expected second half of 2019 for airline, which warns of potentially damaging financial consequences from coronavirus
  • Revenue falls just shy of HK$107 billion target as annual profits drop 28 per cent
Topic |   Cathay Pacific

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Cathay Pacific’s performance in the second half of 2019 came as a surprise as most analysts had expected the airline to make a loss. Photo: Edward Wong
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