Air Hong Kong Archives

Cathay Pacific focuses on gradually building back capacity

by Richard Schuurman | Mar 8, 2023 | Airlines | 0 comments

Cathay Pacific will take most of this year to build back capacity to seventy percent of pre-Covid levels by the end of 2023 and return to pre-pandemic levels in 2024. It will do this through a “measured and responsible approach” as it, like many competitors, is...

Cathay Pacific improves despite difficult HY1

by Richard Schuurman | Aug 10, 2022 | Airlines | 0 comments

Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported an HK$-4.999 billion net loss compared to HK$-7.564 billion in the first six months...

Cathay reduces losses in “extremely challenging” year

by Richard Schuurman | Mar 9, 2022 | Airlines | 0 comments

Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay Pacific is in...

Cathay’s hopes depend on Hong Kong’s reopening

by Richard Schuurman | Aug 11, 2021 | Airlines | 0 comments

The uncertain pace of vaccination rollouts and the related relaxing of travel restrictions dampen the expectations of Cathay Pacific about a swift recovery. The Hong Kong-based carrier hopes to operate at thirty percent capacity for the rest of this year, it said on...

Cathay ends 2020 at -21.6 billion loss – further staff reductions imminent

by Richard Schuurman | Mar 10, 2021 | Airlines | 0 comments

Cathay Pacific’s short-term outlook remains “challenging”, but the Hong Kong carrier is “absolutely confident” on the long-term future and its competitive position. Cathay Pacific Group reported a record loss of HK$-21.648 billion on March 10, which...

Cathay Pacific focuses on gradually building back capacity

Cathay Pacific improves despite difficult HY1

Cathay reduces losses in “extremely challenging” year

Cathay’s hopes depend on Hong Kong’s reopening

Cathay ends 2020 at -21.6 billion loss – further staff reductions imminent

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