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Cathay Pacific affirms growth plans after return to profit

Despite rebound in premium demand, chairman hints at move into discount service

For 2018, Cathay Pacific posted a net profit of 2.35 billion Hong Kong dollars ($299.37 million), in line with market guidance.   © Reuters

HONG KONG -- Buoyed by strong demand from business passengers and shippers that saw it turn an annual profit for the first time in three years, Cathay Pacific Airways plans to plow ahead with adding more staff, routes and aircraft.

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