Cathay Pacific Airways has reported a first-half net profit of HK$347 million ($45 million), up dramatically from a net income of HK$24 million in the year-ago period. The Hong Kong-based carrier said the much-improved results were due to the robust growth of passenger demand, especially on long-haul routes. First-half revenue rose 4.6% to HK50.84 billion while expenses increased 3.6% to HK49.26 billion. Fuel remains the Group’s most significant cost, accounting for 38% of its total ...

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