Cathay Pacific lowers full-year profit expectations as Hong Kong protests bite
Share:
SINGAPORE (Reuters) - Hong Kong's Cathay Pacific Airways Ltd on Friday lowered its expectations for full-year profit due to "incredibly challenging" conditions in its home market racked by anti-government protests that it expected to persist for the rest of 2019.The airline reported a 7.1% drop in passenger numbers for the month of September as travellers avoided Hong Kong due to widespread and sometimes violent protests, and said its second-half financial results were likely to be below the..