All Hong Kong SAR articles – Page 4
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In depthHong Kong seaplane start-up buoyant about success despite headwinds
A seaplane start-up in Hong Kong is hoping to get airborne as early as the middle of 2021 — with a long-term goal of establishing similar operations in several Southeast Asian countries.
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NewsHong Kong bans flights from UK amid fears of new virus strain
Hong Kong will ban all commercial passenger flights to and from the UK, in an attempt to stop the spread of a newly-discovered variant of the coronavirus that is far more infectious.
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NewsCathay expects ‘significantly higher’ second-half loss
Cathay Pacific Group anticipates a “significantly higher” loss for the six months ending 31 December, as passenger travel demand continues to remain in the doldrums.
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NewsSingapore-Hong Kong travel bubble further delayed to 2021
The Singapore-Hong Kong air travel bubble has been postponed — for a second time — to 2021, following a spike in coronavirus cases in Hong Kong in recent weeks.
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Airline BusinessThe real trouble with travel bubbles
A two-week delay in the Hong Kong-Singapore air travel bubble starkly illustrates how fragile an Asia-Pacific air travel recovery will be absent a universal coronavirus vaccine.
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NewsSingapore-Hong Kong travel bubble postponed, after surge in coronavirus cases
Singapore and Hong Kong have pushed back the start of air travel bubble arrangements, a day before it was due to commence, and following a spike in coronavirus cases in Hong Kong.
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NewsCathay’s ‘very difficult’ October sees first traffic decline in months
Cathay Pacific cut capacity in October — the first time in nearly half a year — as it saw passenger load factor for the month plummet to its lowest since the start of the coronavirus outbreak.
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NewsSingapore, Hong Kong travel bubble begins 22 November
The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine. Outlining further details on the travel arrangements, the Civil Aviation Authority of Singapore ...
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NewsHong Kong eyes November launch for travel bubble with Singapore
Hong Kong expects its proposed air travel bubble with Singapore will start in November, allowing passengers to travel between the two destinations without a 14-day quarantine. “The aim is that within the next month, we can introduce the air travel bubble with Singapore,” says Hong Kong’s chief executive Carrie Lam ...
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Airline BusinessHow protests and pandemic pushed Cathay to the brink
As Covid-19 tore into the aviation industry, some airlines were able to fall back on the profits of previous years, but the impact of anti-government protests removed any possible cushion for Hong Kong’s flag carrier.
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NewsCathay confirms 777-9 deliveries delayed to ‘beyond 2025’
Cathay Pacific has given an indication of the timeline surrounding deferrals of its Boeing 777-9 aircraft, confirming that the widebodies will only be delivered “beyond 2025”.
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NewsCathay shutters Cathay Dragon brand, axes 5,900 jobs
Cathay Pacific Group will cut 5,900 jobs, in a HK$2.2 billion ($284 million) restructuring exercise that will also see the Cathay Dragon brand cease operations effective immediately. As part of restructuring efforts, the group will eliminate 8,500 positions, or about 24% of its existing headcount. Of these, 2,600 ...
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NewsHong Kong aviation sector to receive further state funding
Hong Kong’s aviation sector will receive an extra HK$2 billion ($254 million) under a follow-on government relief package which includes the advance purchase of half a million airline tickets to be given away when the coronavirus pandemic subsides. Airport Authority Hong Kong says it has put together the package on ...
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News‘Turbulent’ 2019 squeezes Cathay profit
The Cathay Pacific Group saw operating profit for 2019 shrink, following a worse-than-expected second-half result that was affected by political turmoil in Hong Kong. For the year ended 31 December 2019, the group reported an operating profit of HK$3.4 billion ($437 million), a 4.3% decrease compared to 2018. ...
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NewsCoronavirus outbreak forces Cathay to slash capacity by 30%
Cathay Pacific and Cathay Dragon will cut 90% of its mainland China flights over the next two months, citing a “consequential significant drop” in market demand owing to the coronavirus outbreak. The two carriers add that there will be “significant reductions” across the rest of their respective networks for the ...
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NewsHong Kong carriers to halve capacity into China
Hong Kong’s four main carriers will halve their services into Mainland China, as part of special arrangements made in light of a novel coronavirus outbreak in China. The Hong Kong government said in a 28 January press briefing that the carriers — Cathay Pacific, Cathay Dragon, Hong Kong Express, ...
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NewsLong-haul routes a bright spot in Cathay December traffic
Cathay Pacific ended a “challenging” 2019 on a mixed note, with fewer passengers carried, but slight improvement in load factor, especially on long-haul routes. For the month of December Cathay, together with subsidiary Cathay Dragon, carried 2,994,830 passengers, representing a 3.6% decrease compared to the same month a year ...
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NewsBombardier G5500 and 6500 gain FAA certification
Bombardier says that its Global 5500 and 6500 have received FAA certification, completing its approval requirements in three of the world’s major jurisdictions and allowing it to begin delivery of the aircraft to customers.
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Airline BusinessBritish Airways and Cathay Pacific woes demonstrate airline PR vulnerability
Cathay Pacific’s challenges have perhaps been more significant to the business’s long-term strategy, but they offer a similar example of how an airline can quickly lose control of its messaging.
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Airline BusinessHogg the fall guy as China shines spotlight on Cathay
Cathay Pacific’s chief executive Rupert Hogg resigned on 16 August after the airline had become a focus for mainland media and regulatory scrutiny amid pro-democracy protests in Hong Kong.