Cathay Nears Next Recovery Target, But Chairman Stresses Cautious Growth

Patrick Healy, chairman of Cathay Pacific.
Credit: Peter Parks/AFP/Getty Images
SINGAPORE—Cathay Pacific is continuing to make good progress toward full capacity recovery, although the carrier is wary of pushing growth too fast. The airline achieved its goal of restoring 70% of its 2019 capacity by the end of 2023. “We were pretty pleased to [reach] that, given the very low...
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