Cathay Pacific profit dives on higher fuel prices

Associated Press
Cathay Pacific profit dives on higher fuel prices

Chairman of Cathay Pacific Airways Christopher Pratt reacts as he attends a company result announcement in Hong Kong Wednesday, March 13, 2013. Cathay Pacific Airways Ltd., Hong Kong's biggest airline, Cathay Pacific Airways Ltd. said its annual profit tumbled by more than 80 percent because of high jet fuel prices, global economic uncertainty and weak demand for air cargo. (AP Photo/Vincent Yu)

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