Cathay Pacific reports third consecutive first half net loss

Chairman urges government to 'do more' as Hong Kong has 'fallen far behind'

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Cathay Pacific Airways hosted its first in-person earnings press conference in three years on Wednesday, with Chairman Patrick Healy, second from right, and Chief Executive Augustus Tang, third from right, present. (Photo by Kenji Kawase)

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Cathay Pacific Airways said on Wednesday that it has recorded a first-half net loss for the third consecutive year, but the amount of the shortfall continued to drop as revenue rebounded from the year before, as travel restrictions gradually eased.

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