AviationFeaturedCathay Pacific A350 engine fire: Airbus, Rolls-Royce face scrutinyIFM CorrespondentSeptember 17, 2024 by IFM CorrespondentSeptember 17, 2024 EASA said the Cathay Pacific flight powerplant fire had caused heat damage to the engine housing, including ducts used for reverse thrust on landing... Read more
AviationFeaturedCathay Pacific’s passenger numbers continue to be substantially lower than 2019 levelsPritam BordoloiMay 19, 2021 by Pritam BordoloiMay 19, 2021 The carrier carried 22,404 passengers in April which is an increase of 63.2% y-o-y... Read more
AviationFeaturedCathay Pacific posts HK$21.6 bn loss for 2020Pritam BordoloiMarch 11, 2021 by Pritam BordoloiMarch 11, 2021 The airlines claim 2020 to the most challenging 12 months of the airline’s 70-year history... Read more
AviationFeaturedCathay Pacific to resume flights to LondonPritam BordoloiJanuary 7, 2021 by Pritam BordoloiJanuary 7, 2021 Flights to UK were cancelled after a new Covid-19 strain was discovered in the country... Read more
AviationFeaturedCathay Pacific expecting higher losses in H2 2020Pritam BordoloiDecember 17, 2020 by Pritam BordoloiDecember 17, 2020 The carrier reported $1.27 billion in losses in H1 2020... Read more
AviationFeaturedCathay Pacific shareholders approve plan to raise $5 bn bailout packagePritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The decision was made during a general meeting held on July 13... Read more
AviationFeaturedHong Kong announces HK$30 bn bailout package for Cathay PacificPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 This marks the first time the Hong Kong government has invested in a private company... Read more
AviationFeatured72 airlines cut capacity by 100% amid Coronavirus outbreakInternational Finance Business DeskMarch 25, 2020 by International Finance Business DeskMarch 25, 2020 85% of the global airlines have made capacity cuts of 60% or more as Covid-19 spreads... Read more
AviationAir China has no agenda to acquire Cathay PacificInternational Finance DeskSeptember 9, 2019December 23, 2019 by International Finance DeskSeptember 9, 2019December 23, 2019 Analysts believe that it would be a logical move for Air China to acquire the remainder of Cathay in future... Read more
AviationCathay Pacific’s China market under threat over protestsInternational Finance DeskAugust 12, 2019March 18, 2020 by International Finance DeskAugust 12, 2019March 18, 2020 The airline has been ordered to suspend its crew members who took part in protests organised against China... Read more