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...Cathay Pacific reported its highest annual profit in more than a decade as strong travel demand buoyed the Hong Kong flag carrier’s earnings, with its chair declaring: “In 2023, we finally left the Covid...
...For an airline with the marketing slogan “Move Beyond”, Cathay Pacific is struggling to put its many troubles behind it....
...Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to the territory to help authorities boost voting turnout in a “patriots only” local election next month....
...Corporate updates: Hong Kong’s Cathay Pacific Airways and Taiwanese electronics manufacturer Pegatron announce fourth-quarter earnings....
...“Cathay Pacific has largely preserved its market share,” said JPMorgan’s Karen Li in a note last month....
...Cathay Pacific Airways expects to report a profit of up to HK$4.5bn ($576mn) in the first half on the back of a surge in demand for travel....
...Other airlines including Lufthansa, Cathay Pacific and the major US carriers suspended flights earlier this week....
...Earnings: Hong Kong’s flagship carrier Cathay Pacific Airways and China’s biggest hotel operator Huazhu Group are set to report their third-quarter results....
...Its slow reopening has affected Cathay Pacific, which is also reeling from labour shortages....
...Cathay also had arrangements to charter aircraft to ecommerce producers in China, he added....
...Cathay Pacific, Ryanair and Lufthansa were among the airlines to suspend flights after warnings from air safety agencies that carriers should exercise caution when flying into Israeli airspace....
...Argyle holds about 1 per cent of Catcher’s shares and is one of a number of its foreign institutional shareholders alongside Franklin Templeton, Singapore’s GIC and Cathay Life Insurance....
Investors join unions and customers in demanding change at the ‘Flying Kangaroo’ despite strong profits
...Two new board directors were approved at the annual meeting, including former US Airways chief executive Doug Parker, as part of an overhaul of the airline’s governance and management....
...Cathay Pacific cabin crews are set to launch industrial action over the Christmas and new year holidays, in a blow to the Hong Kong carrier’s recovery from a pandemic that crippled flights and slashed passenger...
...Prime Minister Anthony Albanese this week denied that he had been lobbied by the Qantas chief executive over the Qatar Airways issue....
...The airline has also been in focus this week after Alan Joyce, its outgoing chief executive, admitted in a senate hearing that the company had lobbied the government to block a request from Qatar Airways...
...Earlier this year, GIC announced it was teaming up with BlackRock and the British Airways pension scheme to invest in a large mixed-use real estate project in London’s King’s Cross district....
...“It is much regret that we have to announce that flight attendants union will shortly implement its plan of ‘work to rule’,” the Cathay Pacific Airways Flight Attendants Union said in a statement late on...
...One Cathay Pacific pilot had been with the airline for more than five years and planned a long career....
...Cathay Pacific Airways is expected to increase its average base salaries by more than 3 per cent despite the airline forecasting it would record a “substantial” annual loss this year....
...Need to know: business Hong Kong’s Cathay Pacific Airways is offering discounted fares from mainland China to help authorities boost voter turnout in a “patriots only” local election next month, highlighting...
...The airline plans to resume its pre-pandemic capacity in full by the end of 2024 or early 2025, Ronald Lam, chief customer and commercial officer at Cathay Pacific, said in an interview....
...“Winner” indicates that the organisation won an FT Innovative Lawyers Asia-Pacific award for 2023....
Vanessa Hudson to take over after seeing Australian carrier through pandemic as finance chief
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