Hong Kong flagship carrier Cathay Pacific said on Wednesday net profit more than tripled last year thanks to a rise in demand from Chinese travellers and fuel cost-saving measures. The airline said profit jumped to HK$2.62 billion ($338 million) from HK$862 million in 2012 as revenue climbed 1.1 percent to HK$100.5 billion. The 204 percent increase helped the firm recover from a painful 2012, when its bottom line was hammered by the effects of the eurozone crisis as well as persistently high fuel prices. "The operating environment remained challenging throughout 2013... It was therefore encouraging to see an improvement in our overall performance," company chairman Christopher Pratt said in a filing to the Hong Kong Stock Exchange.