Salomon expects Cathay Pacific profit to reduce 11% over the strike movement

Salomon Smith Barney said in the report, which was released in the morning,
 that the negotiations between Cathay Pacific Airways (0293) and its pilots
 were broken and the strike movement to be launched by the pilots was estimated
 similar to that in 1999, which lasted for about several weeks. The fund house
 anticipated the profit of the Cathay Pacific Airways this year, which was 
previously estimated by the fund house to be HK$4.027 bln, would reduce 11%

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