Cathay Pacific
Cathay Pacific doubles fuel surcharge on most flights due to Gulf conflict
The surcharge is as high as HK$1,164 – versus HK$569 – as jet fuel prices soar
Airline hedging strategies fall short as jet fuel price surges
Major carriers in the US and China have no hedging contracts in place, leaving them fully exposed to jumps in fuel price
Cathay Pacific posts 9.5% rise in annual profit on strong passenger and cargo demand
It was the carrier’s third consecutive annual profit
Airfares show Asia carriers can weather Iran war chaos
[SINGAPORE] Asian carriers are among the best-positioned airlines to weather the war in the Middle East as travellers scramble for flights – and pay premiums – to escape the conflict.
SIA, Cathay could gain from Gulf conflict but Asia-Pacific carriers face longer-term price hikes
With closure of major Middle East air hubs, Asia airlines that fly to Europe could take on more business
Cathay Pacific seeks savings, cuts some jobs in efficiency push
The airline has said that it plans to hire 3,000 people this year, pushing headcount beyond the 34,000 at the end of 2025
Cathay Pacific CEO says Air China’s HK$1.3 billion stake sale a ‘tactical’ move
Swire Pacific will remain the largest shareholder with a 47.65% stake after the buyback
Qatar Airways sells entire Cathay Pacific stake for US$897 million
The Middle Eastern airline has pursued a strategy of investing in airlines worldwide to strengthen its competitive position
Hong Kong’s Cathay says to axe over 500 flights as typhoon nears
HONG Kong-based airline Cathay Pacific said on Monday (Sep 22) it expected to cancel more than 500 flights as Super Typhoon Ragasa was forecast to hit the Chinese financial hub.
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
[HONG KONG] Cathay Pacific Airways warned on Wednesday (Aug 6) of declining airfares, challenges at its budget carrier and uncertain cargo market conditions, sending its shares down almost 10 per cent...
