Cathay Sees Strong Profit Growth Despite Elevated Fuel Prices

Cathay Pacific Airways Ltd. expects a jump in first-half net income, driven by strong passenger and cargo demand even as it absorbs the worst of the oil-price shock from the...

By Danny Lee · Bloomberg

Cathay Pacific Airways Ltd. expects a jump in first-half net income, driven by strong passenger and cargo demand even as it absorbs the worst of the oil-price shock from the Iran war.