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Cathay Pacific says not out of woods despite smaller loss

Airline aims to lift passenger capacity to 30% of pre-pandemic levels this year

A Cathay Pacific cargo plane carrying COVID-19 vaccines lands at Hong Kong International Airport in February.   © Reuters

HONG KONG -- Cathay Pacific Airways remains wary of the impact of travel restrictions and the fast-spreading coronavirus delta variant on the carrier's revival, despite posting a smaller first-half loss on Wednesday.

Hong Kong's flagship carrier, which has slashed costs and boosted cargo operations, said it plans to add flights to raise passenger capacity to about 30% of pre-pandemic levels by the last quarter of this year. The figure stood at 5% in the first half.

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