Cathay Pacific
Cathay Pacific is a global airline firm that provides scheduled air passenger and cargo services to over 200 destinations. It is also the home airline of Hong Kong and a founding member of one world global alliance.
3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
4 days ago
3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
4 days ago
Cathay expands Corporate SAF Programme with new tiered partnerships
By using SAF, the partners reduced carbon emissions by 8,060 tonnes in 2024.
4 days ago
Cathay Pacific surpasses 20 million passengers in September
Its cargo businesses reported positive volume growth.
Cathay Pacific unveils new 777-300ER business class suite and upgraded economy cabins
These initiatives are part of the airline’s $100b investment.
Cathay welcomes three-runway system, Airport City expansion
The airline also supports efforts to strengthen air connectivity with Mainland China.
Julius Baer partners Cathay Pacific to promote SAF for sustainable air travel
This initiative is part of the bank’s decarbonisation efforts and climate targets.
Cathay Pacific expands North America routes with new HK-Dallas flights
It will operate flights to and from Dallas in April 2025.
EASA updates airworthiness directive for Airbus A350 Rolls-Royce engines
The directive follows inspections revealing that the engine fuel hose may cause fuel leaks.
Cathay Pacific sees 15.9% YoY passenger volume rise in August
The airline carried 2,068,979 passengers.
Cathay completes buyback of HKSAR gov't warrants for $1.53b
The airline paid another $2.44b in preference share dividends.
Cathay Pacific complies with EASA directive after engine failure
The directive applies to all airlines operating aircraft with the specified engine model.
CAD assists in Cathay Pacific’s A350 fleet inspection after engine failure
The department is closely monitoring the inspection’s progress.
Cathay Pacific inspects entire A350 fleet amidst engine issues
The fleet has a total of 48 A350 aircraft.
Cathay to buy back warrants from gov't for $1.5b
The group expects to repurchase the warrants for at least HK$1.5b.
Cathay Pacific emerges as the most talked-about airline in mainstream media
About 2,900 articles were written about the airline.
Cathay Pacific hits post-pandemic milestone with over 2 million passengers
Its passenger volume rose by 15.1% YoY.
Cathay Pacific posts 15% lower profit; commits $100b to enhance services
The investment includes the purchase of 30 Airbus A330-900 aircraft.
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Ginza-style commercial building in neighbourhood areas attracts local consumption