Lifting of quarantine in Hong Kong stems Cathay’s £705m losses

Cathay saw revenue grow 12% as quarantine requirements in Hong Kong were relaxed in the second half of 2022

Cathay Pacific Airways employees walk through the departures hall of Hong Kong International Airport (Louise Delmotte/AP)

Cathay Pacific Airways said it was ready to rebuild as Hong Kong opened up to global visitors, despite reporting wider losses in 2022.

The airline reported an annual loss of 6.55 billion Hong Kong dollars (£705 million) for last year – an 18.5% increase in losses from 2021.