Aviation
Cathay Pacific suffers $21.6b loss amidst pandemic
Recovery remains uncertain as the aviation sector sees return of global passenger traffic to normal level in 2024.
Cathay Pacific suffers $21.6b loss amidst pandemic
Recovery remains uncertain as the aviation sector sees return of global passenger traffic to normal level in 2024.
Cathay Pacific delivers Fosun Pharma/BioNTech vaccines to Hong Kong
This marks the first batch of 1m COVID-19 vaccines, developed by Fosun Pharma and BioNTech, delivered by the airline.
Hong Kong's 2021 budget to bolster aviation, tourism: Cathay Pacific
Air Travel Bubbles will allow Hong Kong to open its borders for international travels.
Cathay Pacific delivers one million doses of COVID-19 vaccines to Hong Kong
Shipment of Sinovac vaccines is the first batch under the city’s vaccination programme.
Cathay Pacific passenger traffic plunges 99% in January 2021
Revenue passenger kilometres fell 98.7% YoY over the same period.
Cathay Pacific to boost competitiveness of HK aviation hub
The company is grateful for the government’s commitment to the aviation hub development.
Cathay Pacific suffers 98.6% passenger decrease in October
Revenue passenger kilometres fell by 98% over last month.
Restructuring now inevitable, says Cathay Pacific
The airline is now burning billions in cash per month.
Cathay Pacific records $9.87b loss for H1
The airlines’ passenger business does not expect to make a recovery for some time.
Cathay Pacific warns of $9.9b H1 net loss
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
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
Flights will only be offered three times a week.
Cathay Pacific Group reveals results of drastic capacity cuts
Cathay Pacific and Cathay Dragon carried 99.4% fewer passengers in May of 2020.
Cathay Pacific floats $39b bailout plan
Most will come from its preference shares and warrants issue.
Cathay Pacific and major shareholders halt trading in Hong Kong
The airlines is poised to announce a new CEO at Cathay Dragon.
Cathay Pacific's merger hits roadblock from aviation regulator: report
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
It expects daily passenger volume to remain low in May.
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