HONG KONG -- Cathay Pacific on Wednesday reported a return to profit for the first time in four years, but management identified ongoing challenges as Hong Kong's flagship carrier aims to return to its pre-COVID operation level by the end of 2024.
Carrier aims to buy back all preference shares from government within a year

Hong Kong's Cathay Pacific Airways reported a sharp recovery for the first half of 2023, thanks to a robust growth in passenger revenue. (Photo by Ken Kobayashi)
HONG KONG -- Cathay Pacific on Wednesday reported a return to profit for the first time in four years, but management identified ongoing challenges as Hong Kong's flagship carrier aims to return to its pre-COVID operation level by the end of 2024.