Cathay Pacific losses narrow as COVID-19 restrictions ease

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Cathay Pacific losses narrow as COVID-19 restrictions ease
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HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways said Wednesday that losses in the first half of the year narrowed as a relaxation in quarantine rules…

But it cautioned that quarantine restrictions on its crew were limiting the airline’s ability to increase flight capacity.

Hong Kong relaxed strict quarantine rules from 14 to seven days in mandatory hotel quarantine earlier this year, and to just three days from Friday. Cathay’s first-half revenue grew 17% to 18.6 billion Hong Kong dollars, driven largely by an increase in passengers following the easing of quarantine measures.

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