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Cathay Pacific announces 2011 annual results

Milan, Italy - Fuel is the Group’s biggest single cost

"The Cathay Pacific Group recorded an attributable profit of HK$5,501 million for 2011. This compares to the profit of HK$14,048 million for 2010, which was a record year for the airline. The 2010 results included HK$3,033 million of significant non-recurring items being the profit on the sales of shareholdings in Hong Kong Air Cargo Terminals Limited and Hong Kong Aircraft Engineering Company Limited...

fra/pec - 1138656

AVIONEWS - World Aeronautical Press Agency
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