Cathay books best 1st-half profit since 2010 as demand cushions war impact

Airline says it will invest $19bn in fleet upgrades while expanding network Cathay Pacific jets at Hong Kong's airport: The flag carrier has reaped strong earnings despite industry disruptions from the war in the Middle East. (Photo by Yuki Kohara) HONG KONG — Cathay Pacific Airways on Wednesday recorded its second-highest earnings for a first half in history, as the Hong Kong flag carrier shrugged off the Iran war's impact on fuel costs and now looks to expand its fleet and global reach.

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