HONG KONG -- Hong Kong flagship carrier Cathay Pacific Airways on Wednesday said its net loss for 2021 reached nearly $800 million as it warned that its operations would remain largely grounded amid the city's worst COVID-19 outbreak yet.
Transportation
Cathay Pacific records $783m loss amid grim outlook
Hong Kong airline group warns COVID controls will keep most flights grounded
Higher cargo revenues helped Cathay cut its 2021 annual loss.
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