What lousy English
A headline taken from a local circular in Hong Kong: 'Cathay Pacific reports second loss since 2008 as rivals’ cheaper fares erode margins.'

 On 15 March 2017, Hong Kong's flagship airline, Cathay Pacific, reported a loss of HK$500+ million in its 2016 financial year. The last time the airline made an annual loss was back in the financial crisis year of 2008.

 So, what it meant to say was: 'Cathay reports first loss since 2008...'
Posted by on