Aviation
HK halts route-specific flight suspension mechanism
HK halts route-specific flight suspension mechanism
Inbound travellers will undergo an additional nucleic acid test on their third day of arrival.
Mainland’s shortened quarantine period for inbound travel could trigger HK to ease: analyst
Quarantine in the Mainland was cut to 10 days from 21 days.
Analyst sees fuel hedging price to go up amidst oil hike
Fuel hedging refers to buying oil in the future at a fixed earlier price.
Cathay Pacific’s total passengers skyrocketed by 141.5% YoY in May
However, this is still greatly below pre-pandemic levels.
Cathay Pacific’s $7.8b bridge loan extended for 12 months
It is effective until 8 June 2023.
Elevating ‘air taxi’ thru helicopter services in Hong Kong, Guangdong sought
Point-to-point air transport will be promoted to high-end travellers.
Swiss WorldCargo hops into Cathay Pacific and Lufthansa Cargo's business pact
The three will work together on handling shipments between HK and Europe.
Gov’t relaxes flight ban mechanisms starting 1 June
The adjustments will ease travellers’ journey whilst guarding imported cases.
Cathay Pacific now Asia’s first airline to pivot 10% SAF use by 2030
It sets its sights to buy over 350 million gallons of sustainable aviation fuels.
Lifting of flight ban boosts Cathay Pacific’s passenger total by 82.2%
This is, however, still 98.7% lower than April 2019 figures.
Hong Kong reduces flight ban sanction to 7 days
The flight ban was shortened from 14 to seven days.
HK flight ban under review
Suspended flights to nine countries could be lifted from 1 April.
Gov't to end flight ban on 9 countries on 1 April
Hong Kong will also shorten the hotel quarantine period for arrivals.
Cathay Pacific passenger traffic rises 47.9% YoY in February 2022
This was due to post-Chinese New Year traffic and student traffic.
Cathay Pacific cuts losses from $21.6b to $5.5b loss
Despite this, the current restrictions in place for Hong Kong show a bleak outlook.
Turbulent start: Cathay's passenger, cargo traffic drop double-digits in January
In February, the airline expects reduced traffic for both its passenger and cargo business.
AAHK extends relief package by 2 months
The body continued its support to the aviation industry amidst the pandemic.
Commentary
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