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Issued on 12 Mar 20
You never saw HKG airport like that even during the typhoon season.
Affected by the COVID-19 outbreak in China and widely extend to IntraAsia,
European countries & N America, the air traffic demand sharp fallen recently.
11 Mar, CX Cathay Pacific reported an attributable profit of HK$1.7 billion (US$220 million) for 2019, a significant drop from the HK$2.3 billion it made in 2018.
The profits plunged in 2019 as it reeled from political unrest in Hong Kong, while it warned financial losses lay ahead owing to the spread of the new coronavirus & expect a substantial loss for the first half of 2020.