Hong Kong's flagship airline Cathay Pacific warned Wednesday that increasingly violent protests in the financial hub had hit booking demand.
"Geopolitical and trade tensions are expected to continue to affect the global economy and, in turn, demand for air travel and air freight," he said.
The previously troubled airline reported first-half earnings of 1.35 billion HKD , compared with a loss of 263 million HKD in the same period last year.Despite the uncertainty, Slosar said he still expects to achieve even better results in the second half of the year, as is usual in the aviation industry.
On Monday, more than 160 flights at the city's airport were listed as cancelled as a general strike caused transport chaos in the city. Analysts have warned that the unrest could signal further economic woes for the city's sluggish economy and cause long-lasting damage to business confidence.
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