Hong Kong's Cathay Pacific Airways forecast its first half-year profit in three years, buoyed by a strong rebound in travel demand and one-off gain from a stake sale in Air China
on Friday forecast its first half-year profit in three years, buoyed by a strong rebound in travel demand and one-off gain from a stake sale in Air China.
That is turning around on the back of a meteoric jump in travel amid "considerable demand" to and from Mainland China, while high ticket prices and an increase in the frequency of flights to popular destinations also support the recovery.
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