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Cathay Pacific may only return to profitability in the second half of 2022: DBS

Jason Sum of DBS bank says he projects a "meaningful turnaround" in passenger volumes toward the end of 2021 for Cathay Pacific, but it won't be enough to help the airline turn a profit. He adds that he isn't optimistic on Cathay's stock for now.
02:21
Wed, Mar 10 20214:03 AM EST