Cathay Pacific expects profit for first half of 2023 as demand rebounds

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Cathay Pacific expects profit for first half of 2023 as demand rebounds
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:Cathay Pacific Airways forecast a consolidated profit for the first half of 2023 on Friday, after multiple years of pandemic-related border closures and strict quarantine measures.Hong Kong's flagship carrier parked much of its fleet during the pandemic due to a lack of demand. The airline was also hit by CO

:Cathay Pacific Airways forecast a consolidated profit for the first half of 2023 on Friday, after multiple years of pandemic-related border closures and strict quarantine measures.

"The Cathay Group has seen a strong rebound in the performance of our airlines our cash flow has continued to improve," the airline said in a statement, adding that the group had been operating cash generative so far in 2023.

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