February 17, 2020 / 8:54 AM / 2 months ago

Cathay Pacific expects coronavirus hit to H1 results

Feb 17 (Reuters) - Cathay Pacific Airways on Monday said it expected a significant drop in its first-half results due to the coronavirus outbreak, causing it to cut capacity.

The airline said in a statement it had cut capacity by 40% for February and March, and pointed to a likely reduction in April as well. (Reporting by Shreya Mariam Job in Bengaluru; editing by David Evans)

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