Cathay Pacific Profit Beats on Travel Demand Gains
March 13 (Bloomberg) -- Bloomberg's David Ingles reports that Cathay Pacific Airways Ltd. reported annual profit that beat analyst estimates as higher travel demand surpassed a drop in cargo traffic. He speaks on Bloomberg Television's "Countdown."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
15:27 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)