Cathay Pacific Jumps Most in 8 Months on ‘Very Good’ Demand
This article is for subscribers only.
Cathay Pacific Airways Ltd. rose the most in almost eight months in Hong Kong trading after saying reservations are “looking very good” as a rebounding economy revives travel.
“We can look forward to the next six months with some confidence,” Chief Executive Officer Tony Tyler said in a Bloomberg Television interview in Hong Kong today. “Forward- bookings are looking very good for the rest of the summer. Cargo is looking good for the rest of the year.”