All Cathay Pacific articles

  • Cathay A350-900
    News

    Cathay reduces flying to ‘bare skeleton’ network of 15 points

    2020-03-20T07:02:00Z

    Cathay Pacific has extended its deep capacity cuts for another month, reducing capacity by 96% for April and May, operating a “bare skeleton” passenger flight schedule of just 15 cities. With the latest cuts, Cathay will fly three-times-weekly to 12 points in its network to cities such as Singapore, ...

  • Cathay A350-900
    News

    Coronavirus costs Cathay HK$2 billion in February

    2020-03-17T04:47:00Z

    Cathay Pacific made an unaudited loss of more than HK$2 billion ($257 million) in February, as it takes a hit from the coronavirus outbreak. Meanwhile, Singapore Airlines saw falling passenger numbers for the month, and warns of weakened travel demand in the near term. 

  • cathay-pacific A350
    News

    Cathay Pacific in talks to defer aircraft deliveries

    2020-03-11T10:47:00Z

    Cathay Pacific is in talks with Boeing and Airbus over possible deferral of aircraft deliveries this year, as the coronavirus outbreak leaves an impact on its fiscal performance. At a briefing after Cathay released its annual results for 2019, chief operations and services delivery officer Greg Hughes confirmed that ...

  • Cathay A350-900
    News

    Cathay flags ‘substantial loss’ for first half of 2020

    2020-03-11T05:17:00Z

    The ongoing coronavirus outbreak is taking its toll on the Cathay Pacific group’s financial performance, with the group warning that it expects to incur a “substantial loss” for the first-half of this year. Cathay adds in its full-year financial results that the outbreak, which first originated in China late ...

  • Cathay Pacific A330
    News

    ‘Turbulent’ 2019 squeezes Cathay profit

    2020-03-11T04:56:00Z

    The Cathay Pacific Group saw operating profit for 2019 shrink, following a worse-than-expected second-half result that was affected by political turmoil in Hong Kong. For the year ended 31 December 2019, the group reported an operating profit of HK$3.4 billion ($437 million), a 4.3% decrease compared to 2018. ...

  • cathaycargo
    News

    Cathay mulls cargo-only service on passenger jets to Japan

    2020-03-09T10:21:00Z

    Following cuts made to its Japan passenger network, Cathay Pacific is considering operating cargo-only services on its passenger aircraft. In a notice sent out to its clients, Cathay’s cargo arm says it only expects passenger belly cargo operations to be impacted by recently-announced cuts. However, it is looking at ...

  • Cathay Pacific A330
    News

    Cathay flags ‘significantly’ lower first half results from coronavirus hit

    2020-02-17T12:32:00Z

    Embattled Hong Kong-carrier Cathay Pacific has warned that its first half results for 2020 will be “significantly down” compared to the same period last year, as the outbreak of the coronavirus compounds an already challenging market.

  • Cathay Pacific A330
    News

    ​Cathay details flight suspensions caused by coronavirus

    2020-02-12T12:25:00Z

    London Gatwick, Rome and Washington Dulles are among a raft of international routes that are being suspended until the end of March by Cathay Pacific as it seeks to conserve cash during the ongoing coronavirus outbreak.

  • Cathay Pacific A330
    News

    ​​Cathay Pacific asks staff to take unpaid leave amid coronavirus fallout

    2020-02-05T12:50:00Z

    Cathay Pacific is encouraging its employees to take three weeks of unpaid leave, in a bid to save money, after being forced to slash capacity by 30% as a result of falling demand related to China’s coronavirus outbreak.

  • Cathay A350
    News

    Coronavirus outbreak forces Cathay to slash capacity by 30%

    2020-02-04T11:13:00Z

    Cathay Pacific and Cathay Dragon will cut 90% of its mainland China flights over the next two months, citing a “consequential significant drop” in market demand owing to the coronavirus outbreak. The two carriers add that there will be “significant reductions” across the rest of their respective networks for ...

  • cathay dragon
    News

    Hong Kong carriers to halve capacity into China

    2020-01-29T01:32:00Z

    Hong Kong’s four main carriers will halve their services into Mainland China, as part of special arrangements made in light of a novel coronavirus outbreak in China. The Hong Kong government said in a 28 January press briefing that the carriers — Cathay Pacific, Cathay Dragon, Hong Kong Express, ...

  • cathay-pacific A350
    News

    Long-haul routes a bright spot in Cathay December traffic

    2020-01-17T03:28:00Z

    Cathay Pacific ended a “challenging” 2019 on a mixed note, with fewer passengers carried, but slight improvement in load factor, especially on long-haul routes. For the month of December Cathay, together with subsidiary Cathay Dragon, carried 2,994,830 passengers, representing a 3.6% decrease compared to the same month a year ...

  • Cathay A350-900
    News

    'Incredibly challenging' year slams Cathay traffic

    2019-12-18T05:26:00Z

    Cathay Pacific and sister carrier Cathay Dragon continued to witness sliding passenger traffic figures, with inbound traffic for November falling a whopping 46% year-on-year. This was a further slowdown compared to figures for October, which saw a 35% drop year-on-year. The carrier continues to see decreases in passenger ...

  • Air New Zealand 787-9
    News

    ​Air New Zealand taps alliance partner Cathay for extra capacity

    2019-12-12T07:09:00Z

    Cathay Pacific will operate Air New Zealand’s Hong Kong-Auckland services through to the end of March as the latter continues to deal with capacity issues due to ongoing Boeing 787-9 engine issues. In addition to its own services to New Zealand, the Hong Kong-based carrier will operate daily a ...

  • cathay 777-300
    News

    ​Embattled Cathay to cut capacity in 2020

    2019-12-02T05:13:00Z

    Cathay Pacific will cut seat capacity by 1.4% year-on-year in 2020 as Hong Kong’s political troubles and trade tensions hurt the airline in key markets.

  • cathay-pacific A350
    News

    Cathay Pacific defers Airbus deliveries amid capacity cuts

    2019-11-14T10:40:00Z

    Cathay Pacific is delaying the delivery of four Airbus A320neo family aircraft originally set to join its subsidiaries HK Express and Cathay Dragon next year as it struggles with weakening demand amid continued unrest in the territory.

  • News

    Cathay trims year-end capacity over Hong Kong pressure

    2019-11-13T10:42:13Z

    Cathay Pacific's traffic figures for October continued their downward trend for the fourth straight month, as the carrier flagged "significant pressure" on its overall passenger yield.

  • News

    HK Express to take half of Cathay Dragon’s A321neo orders

    2019-11-08T08:12:45Z

    Hong Kong low-cost carrier HK Express will take 16 of 32 Airbus A321neos scheduled for delivery to sister carrier Cathay Dragon.

  • News

    IATA urges financial relief for Hong Kong’s aviation sector

    2019-10-21T03:08:00Z

    Hong Kong’s widespread anti-government protests are taking a “significant” and “unprecedented” toll on the city’s aviation sector that has led IATA to urge its authorities to provide financial relief for the sector.

  • cathay-pacific A350
    News

    Cathay anticipates worse second-half financial results

    2019-10-18T07:59:58Z

    Hong Kong’s continued unrest has continued to hit Cathay Pacific hard in September as the carrier warned that it would likely report weaker financial results for the second half of the year.