Cathay CEO Sees Soft Cargo Market Into Early 2012

Cathay CEO Sees Soft Cargo Market Into Early 2012 Play

Dec. 5 (Bloomberg) -- Cathay Pacific Airways Ltd. Chief Executive Officer John Slosar talks about the outlook for cargo demand and the airline's business strategy. Cathay, Asia’s largest international carrier, plans to raise Hong Kong-based staff’s salaries about 5 percent in 2012, surpassing this year’s increases, amid record inflation. Slosar speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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