Hong Kong flag carrier Cathay Pacific said Wednesday that net profit for 2015 rose 90 percent, beating expectations, with the firm attributing the surge to huge savings on fuel as oil prices tumbled. The Hong Kong-listed company reported a net profit of HK$6 billion ($773 million), compared with HK$3.15 billion the year before. ALSO ON HKFP … Continue reading Lift-off: Cathay Pacific 2015 net profit soars 90% to HK$6bn on low oil prices