Cathay Pacific 2011 net profit plunges 61 per cent

Cathay Pacific Airways chairman Christopher Pratt at the 2011 annual results press conference in Hong Kong yesterday. Cathay Pacific said its net profit in 2011 plunged 61 per cent as it struggled with high fuel prices and softening demand for its...

Cathay Pacific Airways chairman Christopher Pratt at the 2011 annual results press conference in Hong Kong yesterday. Cathay Pacific said its net profit in 2011 plunged 61 per cent as it struggled with high fuel prices and softening demand for its cargo operations.

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