Cathay Pacific flies high after beating '99 profit forecasts

Article Abstract:

Cathay Pacific Airways posted net profits of HK$2.19 billion (294.4 million euros) for the 1999 year. The carrier posted HK$542 million in losses in 1998.

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Cathay Pacific posts record net and forges ahead

Article Abstract:

Cathay Pacific Airways posted a record HK$5 billion (688 million euros) in net profits for the 2000 year. Analysts had expected HK$4.68 billion for the year.

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Cathay Pacific posts 1998 loss, sees no relief

Article Abstract:

Cathay Pacific Airways Ltd. posted its first full-year loss in 35 years in 1998. The carrier also said that it there are no signs that it will recover in 1999. Cathay posted a loss of HK$542 million (US$69.9 million) for the 1998 year. In 1997, the Hong Kong-based carrier posted HK$1.69 billion in net profits. Had fuel prices stayed at 1997 levels in 1998, Cathay would have suffered a loss that would have been HK$1 billion bigger.

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Posts first full-year loss in 35 years in 1998

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