Air Transport World

Cathay Pacific Airways. (Newsbriefs: Asia/Pacific Report).(Brief Article)

Cathay Pacific Airways reported a profit attributable to shareholders of HK$3.98 billion ($510.7 million) for the year ended Dec. 31, up sixfold over the 2001 net profit of HK$657 million. The airline said the improvement was attributable to "increased passenger demand, strong growth in the cargo business and the success" of efforts to boost productivity and cut operating costs. …

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