综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
Cathay Pacific hit by biggest ever loss
( 2003-08-07 10:33) (China Daily)

Hong Kong's Cathay Pacific Airways, Asia's fourth-largest carrier, reported its biggest loss ever for the first half of 2003 yesterday, pounded by the combined effects of the Iraq War and the outbreak of SARS.

"The first half of 2003 has been the most challenging period in Cathay Pacific's history, and we would like to thank our staff for their dedication and our customers for their continued support," said James Hughes-Hallet, chairman of Cathay Pacific Airways.

Cathay suffered more than any other Asian carrier whilst Hong Kong was one of the regions hardest hit by the SARS epidemic. The carrier incurred a loss of HK$1.24 billion (US$159 million) in the first half, amounting to HK$0.372 per share. This presents a sharp contrast from last year's first half profit of HK$1.41 billion (US$181 million).

Despite a strong start to the year, the airline had been forced to cut flights since the second half of March as passenger demand collapsed in the face of the epidemic. Its total turnover fell by 20.9 per cent to HK$12.3 billion (US$1.6 billion).

In spite of losses, Cathay will pay an interim dividend of HK$0.03 per share, compared with HK$0.16 for the first half of last year.

The company is expected to perform better in the second half, with the containing of SARS in June.

"We hope to break even and catch up in the second half. We will continue to focus on passenger safety, service and on-time performance that Cathay has always provided," said Hughes-Hallet.

Cathay's chairman also expresses optimism for the mainland market as the airline has applied to resume flights there. He hopes the airlines will start flying to Beijing by the end of the year.

 
Close  
   
  Today's Top News   Top Business News
   
+The next great leap after Shenzhou V
( 2003-10-21)
+Hu calls for balanced development
( 2003-10-21)
+Report: SARS not airborne virus
( 2003-10-21)
+Japan urged to resolve weapons issue
( 2003-10-21)
+Int'l AIDS group opens Beijing office
( 2003-10-21)
+Home-appliance giants want wheels
( 2003-10-21)
+Exchange-rate reform under study
( 2003-10-21)
+Health insurance sector called for
( 2003-10-21)
+SanDisk teams up to open outlets
( 2003-10-21)
+Housing prices start to sag in Shanghai
( 2003-10-21)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
卓尼县| 大化| 马边| 三明市| 嘉善县| 栾城县| 吐鲁番市| 维西| 阜新市| 五华县| 台湾省| 石林| 洪洞县| 赤峰市| 沛县| 大名县| 东乡族自治县| 庆城县| 洪雅县| 黄石市| 云霄县| 铜陵市| 区。| 江西省| 安康市| 禹州市| 景泰县| 和平县| 阿坝| 永城市| 贺兰县| 定州市| 张北县| 瑞安市| 襄城县| 鲁甸县| 遂川县| 黔南| 永州市| 额济纳旗| 台南县|