It has been a quiet year for new full-freighter orders so far, but Cathay Pacific has set things in motion again. The Hong Kong-based carrier confirmed a firm order today for six Airbus A350Fs plus 20 options to be delivered by…
As already indicated in August, Cathay Pacific has exercised options for 32 AirbusA320neo family aircraft. The airline and airframer confirmed the order today, one day before the purchase rights were to expire on September 30. The purchase rights were part of…
Cathay Pacific has returned to profitability for the first time since the pandemic, reporting a HK$4.763 billion net profit for the first half year of 2023. The carrier recovered strongly after travel restrictions in Hong Kong and China were lifted,…
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”…
Cathay Pacific expects a consolidated loss for FY22 of between HK$6.4 and HK$7.0 billion, which compares to HK$5.5 billion in FY21. It mainly attributes the deeper loss to the “significant losses” from associates that are recognized three months in arear,…
Despite a marked improvement in the first six months of the year, Cathay Pacific Group expects a “substantial loss” for the full year 2022, it said on November 18 in its October traffic release. Cathay Pacific expects substantial full-year loss. While…