All Cathay Pacific articles
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NewsCathay Pacific to buy back Qatar Airways’ near-10% shareholding
Cathay Pacific Airways is intending to purchase Qatar Airways’ entire shareholding in the Hong Kong-based carrier. The provisional buy-back agreement is subject to approval by Cathay’s independent shareholders. Qatar Airways holds a 9.57% stake in Cathay Pacific. Both operators are Oneworld alliance members. Source: Cathay Pacific Cathay will ...
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NewsAmerican and Alaska frame new $150m SAF fund as a ‘business decision’ aimed at future growth
Oneworld carriers American Airlines and Alaska Airlines are spearheading a new investment fund aimed at scaling production of sustainable aviation fuel (SAF), asserting that next-generation jet fuel will provide more-favourable economics for their future operations.
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NewsCathay, HK Express outline Mainland China expansion plans
Cathay Pacific Group will be increasing its operations into Mainland China for the northern summer season, tapping on “growing two-way travel demand”.
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NewsFuel manifold hose rupture behind Trent XWB engine fire on Cathay A350
Investigators have found that a ruptured fuel manifold hose on the Rolls-Royce Trent XWB-97 engine of a Cathay Pacific Airbus A350-1000 led to an in-flight engine fire that could have caused “extensive damage” if not addressed promptly.
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NewsA350-1000 operators told to check fuel manifold hoses after Cathay Trent XWB engine fire
Operators of Airbus A350-1000s have been instructed to conduct inspection of fuel manifold main fuel hoses in the type’s Rolls-Royce Trent XWB-97 powerplants, following a fire incident on a Cathay Pacific aircraft. Cathay examined several A350s after the 2 September occurrence – which resulted in a Zurich-bound aircraft returning to ...
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NewsCathay cancels multiple A350 flights after component failure spurs Trent XWB engine inspection
Cathay Pacific has cancelled multiple flights over the next couple of days in order to carry out engine inspections on its Airbus A350 fleet. The decision follows the in-flight return of an A350-1000 which had departed Hong Kong for Zurich on 2 September. Flight CX383 touched down at Hong Kong ...
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NewsCathay’s first-half profit down amid yield decline, rising fuel costs
Hong Kong’s Cathay Pacific group remained in the black its half-year earnings, though it saw its operating profit decrease on the back of shrinking yields and rising fuel costs.
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NewsCathay picks A330neo as future mid-sized widebody in 30-aircraft deal
Cathay Pacific has selected the Airbus A330-900 as its new mid-sized widebody replacement, after placing a firm order for 30 new aircraft with rights for another 30.
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NewsCathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
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NewsCathay Pacific revives last of 85 jets parked in Australian desert
Hong Kong’s Cathay Pacific has activated the last of 85 jets it had parked following the worldwide slowdown of air travel caused by the Covid-19 pandemic.
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Airline BusinessSoftening yields and staffing crunch temper Cathay profit return celebrations
Cathay Pacific’s turnaround from pandemic-led losses to record profitability is a long time coming, but the airline’s executives are acutely aware the celebratory mood will not be for long.
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Airline BusinessCathay sustainability chief hopeful of ‘more ambition’ in SAF targets
Cathay Pacific’s sustainability chief is hopeful of “more ambition” in targets set for sustainable aviation fuels, amid wider discussion over the sector can boost its sustainability credentials.
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NewsAirbus advances development of newly-designated A350-1000F
Airbus is ramping up development activity on its A350 freighter as the airframer works towards final assembly and first flight milestones in 2025.
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Airline BusinessWhy the airline industry’s net-zero effort is likely to push fares higher
More airline leaders are starting to openly acknowlege that the extra costs associated with the industry’s net-zero transition through to 2050 are almost guaranteed to increase in ticket prices for consumers and impact the pace of the sector’s growth.
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Airline BusinessCathay Pacific chair predicts China SAF policy will improve ‘pretty dire’ outlook
The chairman of Cathay Pacific believes China will eventually release a sustainable aviation fuel (SAF) policy that will provide a much-needed catalyst for investment in the nascent sector amid a “pretty dire” outlook for availability today.
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NewsCathay Pacific formally signs for 32 more A320neo-family aircraft
Cathay Pacific has formally signed for 32 Airbus A321neo and A320neo twinjets, having previously indicated that it would exercise options for the type. The Hong Kong-based carrier states that the agreement is worth around $4.66 billion at catalogue prices, but that it has negotiated “significant” concessions. Delivery of the additional ...
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsCathay to exercise A320neo purchase rights as it eyes full fleet recovery by mid-2024
Hong Kong’s Cathay Pacific Group is to exercise purchase rights on 32 more Airbus A320neo family aircraft, marking its first aircraft commitment since the pandemic.
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessSignificant rise in women leading airlines offsets falls elsewhere in C-suite
A significant rise in the number of women leading airlines at the end of 2022 was undermined by falls in female representation elsewhere in the C-suite, according to FlightGlobal’s latest survey.