Friday Nov 15, 2024
Friday Nov 15, 2024
Monday, 15 August 2011 00:01 - - {{hitsCtrl.values.hits}}
(Reuters) - Cathay Pacific Airways Ltd , Asia’s No.4 air carrier by market value, said last week that it expects its freight business to slow in the third quarter as a result of economic uncertainties.
A senior executive made the comments during a news conference after the company posted a 59 percent fall in first-half net profit, although the performance beat market forecasts.
