Cathay and HK Express confirm order for Airbus A320neo family aircraft
Tag Hong Kong Express
Cathay’s hopes depend on Hong Kong’s reopening
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…
Cathay ends 2020 at -21.6 billion loss – further staff reductions imminent
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 confirmed 2020 as the…
Cathay confirms HK$9.9 billion loss in toughest HY1 ever
Cathay Pacific announced a HK$9.865 billion HY1 loss on August 12, in line with its unaudited profit warning on July 17. It ended the most challenging first six months the group has ever faced in its 70-year history, CEO Richard…