Aviation
Cathay Pacific floats $39b bailout plan
Most will come from its preference shares and warrants issue.
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.
Cathay Pacific's passenger count drops 90% in March
Revenue passenger kilometres likewise fell by 84.3%.
Cathay Pacific slashes passenger capacity by 96%
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
Average Lunar Year numbers of 90,000 dropped to only 20,000 this year.
Cathay Pacific resumes US and London flights
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
Performance slid due to booking cancellations amidst COVID-19.
Airlines hit by job cuts and bankruptcies amidst unrest
Cathay Pacific Airways may have to cut as much as 1,000 jobs.
Air transport body calls on HKA to fix financial situation
The authority warned to take action unless the situation improves.
Cathay Pacific acquires Hong Kong Express Airways
HK Express will reportedly remain a low-cost carrier.
Asian flight bookings to Hong Kong fell 5.4%
Recent protests deterred would-be visitors from other Asian markets.
Weak passenger revenue and cargo business dim Cathay's growth prospects
Overall yield comes under pressure with the declining travel demand.
Hong Kong Airlines slapped with court orders over mismanagement woes
Concerns over the airlines’ financial health are growing.
Cathay Pacific to acquire budget airline HK Express for $4.93b
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
Total cargo throughput grew 1.5% to 5.1 million tonnes.