All Cathay Pacific articles – Page 3
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NewsCathay Pacific pilots scheme allowing corporate customers to buy sustainable fuel
Cathay Pacific has launched a pilot scheme that allows corporate customers to purchase sustainable aviation fuel (SAF) for passenger and cargo flights, claiming it is the first airline in Asia to do so.
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News'Modest increase' in capacity likely following easing of restrictions: Cathay
Hong Kong’s recently-announced decision to ease a number of onerous travel restrictions is only likely to lead to a “modest increase” in capacity, says Cathay Pacific, as the airline continues to see report weak traffic.
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Airline BusinessMore airlines able to look forward with confidence about recovery
A notable theme over the past week has been the shift in global airline narrative towards renewal, as more markets emerge from the worst of the Covid-19 crisis.
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NewsCathay restarts cadet pilot programme, aims to recruit over 800 trainees by 2025
Cathay Pacific is restarting its cadet pilot training programme – two years after suspending it during the onset of the coronavirus pandemic – as the beleaguered carrier stresses its confidence in future recovery.
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NewsDemand recovery still elusive for Cathay, as Hong Kong, China travel curbs tighten
Cathay Pacific does not “foresee significant signs of recovery” in the near term, as Hong Kong and Mainland China tighten travel restrictions amid a record surge in Omicron infections.
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Airline BusinessSigns of life in Asia-Pacific but still with pain points
The Asia-Pacific region is starting to open up for air travel, but travel restrictions still impact key markets, and Russia’s invasion of Ukraine brings additional challenges
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NewsCathay swings back to cash burn amid tightened restrictions
Beleaguered Cathay Pacific Group has swung back to a cash-burn position as the Hong Kong government’s tightening of coronavirus restrictions significantly crippled airline operations.
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NewsCathay chairman stresses that carrier will survive
Cathay Pacific chairman Patrick Healy has expressed his “utmost confidence” that the embattled airline — and its home city of Hong Kong — are able to survive the pandemic crisis.
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NewsCargo helps Cathay Pacific narrow 2021 losses
Embattled Cathay Pacific Group significantly narrowed its losses in 2021, with its cargo business doing “exceptionally well” in the second half.
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NewsCathay traffic hits new low in new year, as Hong Kong tightens grip on pandemic
Cathay Pacific saw its passenger traffic plunge to a new low in a “difficult” January, as Hong Kong tightened restrictions to stamp out an insurgent wave of Omicron infections.
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NewsCathay Pacific expected to return to profitability in 2022: HSBC report
Cathay Pacific is expected to return to profitability in 2022 as a result of traffic rebound and pent-up travel demand, according to a HSBC research report, which states “the only way is up” for the embattled Hong Kong carrier.
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Airline BusinessNew year, new woes: Cathay falls further, with no end in sight
Recent developments at Cathay Pacific underscore how far the iconic Hong Kong carrier — once the regional powerhouse and the envy of many other airlines — has fallen from grace.
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NewsCathay expects 2021 losses to narrow, but warns cash burn rising
Cathay Pacific expects to cut its full-year net loss for 2021 — on the back of strong cargo performance as well as strict cost management measures — but flags a rise in cash burn following recently-tightened crew quarantine measures.
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Airline BusinessAsia-Pacific set to enter third year of international travel woes as Omicron hits
This week provided has provided a reminder of how fragile the Covid-19 recovery is the Asia-Pacific region, where an already tentative return of international travel is being hit by the spread of Omicron variant of Covid-19.
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NewsHong Kong warns legal action against Cathay as city tightens restrictions
The Hong Kong government has warned that it could take legal action against home carrier Cathay Pacific for “non-compliance” of the city’s strict quarantine measures.
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Airline BusinessCathay woes and Allegiant order reflect dichotomy in airline prospects
The year has kicked off with a stark reminder of the dichotomy in airline fortunes around the world as the Covid-19 pandemic continues.
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NewsCathay Pacific makes further cuts to passenger and cargo schedules through March
Cathay Pacific has made further “substantial reductions” to passenger and cargo schedules through March, citing tightened quarantine requirements, as well as travel bans imposed by the Hong Kong government.
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NewsOmicron restrictions add to Cathay’s new year woes
Cathay Pacific will operate a “skeleton” passenger flight schedule in January and cut back on capacity further in the first quarter of the year, amid a tightening of quarantine restrictions meant to tackle a growing wave of infections caused by the Omicron variant of the coronavirus.
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Airline BusinessWhich airlines welcomed new aircraft types into their fleets during 2021?
Established airlines around the world debuted aircraft types and variants in their fleets during 2021, despite the devastating impact of the Covid-19 pandemic. We look back at some of the highlights, from nimble narrowbodies through to heavyweight widebodies.
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Airline BusinessHow far through the crisis are Asia-Pacific’s biggest airlines?
Airlines in Asia-Pacific paradoxically, are both among the hardest hit yet also the most profitable since the crisis hit. No region’s international passenger business has been harder by the pandemic than Asia-Pacific’s airlines, as international borders have remained all but shut and only started reopening in the last quarter of ...