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Cathay Pacific Airways Reports Major Losses in 2020


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MIAMI – The COVID-19 pandemic added to the difficult situation in Hong Kong, causing Cathay Pacific (CX) a major loss of €2.34bn in 2020. Harsh travel restrictions and the inability for CX to operate domestic flights led to the carrier becoming crippled. CX indicated in its annual report on 10 March 2021 that its financial […]

The post Cathay Pacific Airways Reports Major Losses in 2020 appeared first on Airways Magazine.

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