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BBC: Cathay faces $1bn fuel deal loss

Started by riky, January 08, 2009, 10:02:09 AM

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riky

January 08, 2009, 10:02:09 AM
Cathay faces $1bn fuel deal loss

Shares in airline Cathay Pacific drop sharply after it warns it could lose $1bn after misjudging the direction of fuel costs.

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