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Cathay Pacific issues profit warning after coronavirus hits service

02/18/2020| 5:37:03 PM|

Cathay had cut 30% of flights before Monday’s announcement.

Cathay Pacific, Hong Kong’s flag carrier airline, has issued a profit warning after the coronavirus outbreak forced it to cancel two in every five flights for February and March.

The Covid-19 virus had by Sunday infected 51,857 people worldwide, killing 1,669, according to the World Health Organization.

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TAGS: Cathay Pacific | Covid-19 virus
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