Cathay Pacific to post less-than-expected $967m loss for 2021, but cash burn rising

January 24, 2022 9:10 AM

HONG KONG (REUTERS) – Hong Kong’s Cathay Pacific Airways said on Monday (Jan 24) that it expected to post a narrower-than-expected HK$5.6 billion (S$967 million) to HK$6.1 billion annual loss for 2021 but that cash burn was rising because of stricter quarantine measures.

Source : https://www.straitstimes.com/business/companies-markets/cathay-pacific-to-post-less-than-expected-967m-loss-for-2021-but-cash-burn-rising