Aviation

Cathay Pacific Group to axe 3,500 jobs in corporate overhaul
22 Oct 20
5,300 Hong Kong employees made redundant.
Restructuring now inevitable, says Cathay Pacific
14 Sep 20
The airline is now burning billions in cash per month.
Cathay Pacific records $9.87b loss for H1
13 Aug 20
The airlines’ passenger business does not expect to make a recovery for some time.
Cathay Pacific warns of $9.9b H1 net loss
21 Jul 20
The airline and its Cathay Dragon unit flew 27,106 passengers in June, down 99.1% from June 2019.
Cathay Pacific considers drier storage options for unused planes
7 Jul 20
It is examining plans to store more than 50 widebody aircraft out of 236 planes outside Hong Kong.
Emirates resumes flights to and from Hong Kong
18 Jun 20
Flights will only be offered three times a week.
Cathay Pacific Group reveals results of drastic capacity cuts
14 Jun 20
Cathay Pacific and Cathay Dragon carried 99.4% fewer passengers in May of 2020.
Cathay Pacific floats $39b bailout plan
10 Jun 20
Most will come from its preference shares and warrants issue.
Cathay Pacific and major shareholders halt trading in Hong Kong
9 Jun 20
The airlines is poised to announce a new CEO at Cathay Dragon.
Cathay Pacific's merger hits roadblock from aviation regulator: report
27 May 20
This comes after some of its staff attended the anti-government protests in Hong Kong.
Cathay Pacific's passenger volume plummets 99.6% in April
18 May 20
It expects daily passenger volume to remain low in May.
Cathay Pacific's passenger count drops 90% in March
16 Apr 20
Revenue passenger kilometres likewise fell by 84.3%.
Cathay Pacific slashes passenger capacity by 96%
23 Mar 20
Skeleton flights to operate in April and May due to demand-drop and travel restrictions.
Cathay Pacific's passenger count crashed 54.1% in February
17 Mar 20
Average Lunar Year numbers of 90,000 dropped to only 20,000 this year.
Cathay Pacific resumes US and London flights
16 Mar 20
It reinstated three flights between Hong Kong and London Heathrow in 17-21 March.
Cathay Pacific's passenger load factor fell 1.3% in January
19 Feb 20
Performance slid due to booking cancellations amidst COVID-19.
Airlines hit by job cuts and bankruptcies amidst unrest
18 Dec 19
Cathay Pacific Airways may have to cut as much as 1,000 jobs.
Air transport body calls on HKA to fix financial situation
29 Oct 19
The authority warned to take action unless the situation improves.
APAC airport traffic growth slows to below 5% in January-June 2019
13 Aug 19
Passenger traffic in Australia nearly ground to a halt whilst those in India fell below the 5% mark.
Cathay Pacific acquires Hong Kong Express Airways
22 Jul 19
HK Express will reportedly remain a low-cost carrier.
Asian flight bookings to Hong Kong fell 5.4%
18 Jul 19
Recent protests deterred would-be visitors from other Asian markets.
Weak passenger revenue and cargo business dim Cathay's growth prospects
3 Jul 19
Overall yield comes under pressure with the declining travel demand.
Hong Kong Airlines slapped with court orders over mismanagement woes
24 Apr 19
Concerns over the airlines’ financial health are growing.
Cathay Pacific to acquire budget airline HK Express for $4.93b
27 Mar 19
If the acquisition goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines.
HKIA passengers up 2.5% to 74.7 million in 2018
17 Jan 19
Total cargo throughput grew 1.5% to 5.1 million tonnes.
HKIA passenger volume up 1% to 6 million in November
21 Dec 18
The monthly surge was driven by passengers to and from Japan and North America.
Cathay Pacific hikes staff wages despite $263m loss in H1
7 Dec 18
Around 14,600 eligible employees can expect a 3-8% increase in wages.
HKIA passenger traffic inches up 0.5% to 6.19 million in October
20 Nov 18
The volume of visitors from Japan and Europe grew the largest.
Airlines slap fuel surcharge amidst rising oil costs
12 Nov 18
The most common charge added to ticket cost is $1,304.
Typhoon Mangkhut rains on HKIA's parade as September aviation figues take hit
29 Oct 18
There were no flight movement for over 20 hours.
Hackers hit Cathay Pacific as data on 9.4 million passengers breached
26 Oct 18
Around 860,000 passport numbers and 245,000 identity cards numbers were accessed.
HKIA passenger traffic soars for seventh straight month in August
24 Sep 18
Passenger volume rose 5.2% to 6.8 million visitors.
Will China's bullet trains run over Hong Kong's embattled airlines?
18 Sep 18
The high-speed rail offers faster and cheaper transport option than flying by plane.
Hong Kong unveils mutual automated immigration clearance with Thailand
17 Sep 18
The move slashes processing time to 20 seconds per person.
HKIA passenger traffic soars for sixth straight month at 6.7 million in July
28 Aug 18
Local resident travel boosted monthly air passenger volumes.
HKIA passenger traffic up 5.2% to 6.21 million in June
8 Aug 18
This represents the fifth consecutive month of growth.
Rising oil prices could trigger a 3.2% airfare hike in APAC
25 Jul 18
New Zealand's airfares could rise 7.5%.
HKIA passenger volume hits 6.04m in May
19 Jun 18
The number of visitors from Japan and the Mainland surged.
HKIA passenger traffic up 0.8% to 6.32m passengers in April
14 May 18
Visitors to and from the Mainland and Japan buoyed monthly figures.
Air cargo slump may cut Cathay Pacific's rebound short
26 Apr 18
Blame lowered revenue guidance from the Taiwan Semiconductor Manufacturing Company.

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