Transportation

Cathay Pacific 'rebuilding' after third straight annual loss

Hong Kong flagship carrier CEO optimistic on travel demand and recovery

20230308 cathey earnings

The Hong Kong airline has scrambled to hire back employees as demand rises. (Photo by Konosuke Urata)

PAK YIU, Nikkei staff writer
March 8, 2023 16:13 JST
Updated on March 8, 2023 19:37 JST

HONG KONG -- Hong Kong's Cathay Pacific Group said it was "rebuilding" after announcing a third consecutive full-year loss as the city reopens after harsh travel restrictions were scrapped.

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