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Cathay Pacific says sees freight business slowing in Q3

Aug 14, 2011 2:31:37 PM - www.ft.lk

(Reuters) – Cathay Pacific Airways Ltd , Asia’s No.4 air carrier by market value, said last week that it expects its freight business to slow in the third quarter as a result of economic uncertainties.
A senior executive made the comments during a news conference after the company posted a 59 percent fall in first-half net profit, although the performance beat market forecasts.

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