Cathay Pacific says it lost $2.8 billion in 2020

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HONG KONG, China (AFP) — Hong Kong carrier Cathay Pacific said Wednesday it suffered a $2.8 billion loss last year as the coronavirus pandemic hammered its business. “The Cathay Pacific Group experienced the most challenging 12 months of its more than 70-year history in 2020,” chairman Patrick Healy said in a statement attached to the company’s annual report. © Agence France-Presse