Cathay Pacific sees profits increase as demand returns to aviation market

Cathay Pacific Group has reported an attributable profit of HK$3,150 million for 2014, compared to a profit of HK$2,620 million in 2013.

Earnings per share were HK80.1 cents compared to HK66.6 cents in 2013, while turnover for the year increased by 5.5 per cent to HK$105,991 million.

In the first half of 2014 the group’s business was affected by high fuel prices, reduced passenger yield and continued weakness and over-capacity in the air cargo market.Read More 19/03/2015 Breaking Travelnews