Cathay Pacific’s strong 2021 cargo performance can’t prevent another annual revenue drop

The brisk pace of airfreight operations from Cathay Pacific Group during 2021 was insufficient to offset the significant weakness in the carrier’s passenger services revenue during the year, which were down sharply even from weak 2020 figures. Revenue for cargo services across the Group grew by 28.4% year over year to HK$35.8 billion (US$4.6 billion), […]

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