All Cathay Pacific articles – Page 2

  • Boeing 777-9 Cathay Pacific

    Cathay confirms 777-9 deliveries delayed to ‘beyond 2025’


    Cathay Pacific has given an indication of the timeline surrounding deferrals of its Boeing 777-9 aircraft, confirming that the widebodies will only be delivered “beyond 2025”. 

  • Cathay Pacific Airbus A350-900

    Cathay shutters Cathay Dragon brand, axes 5,900 jobs


    Cathay Pacific Group will cut 5,900 jobs, in a HK$2.2 billion ($284 million) restructuring exercise that will also see the Cathay Dragon brand cease operations effective immediately. As part of restructuring efforts, the group will eliminate 8,500 positions, or about 24% of its existing headcount. Of these, 2,600 ...

  • Cathay Pacific Airbus A350-1000 approach

    Cathay appears to switch more A350-1000s to -900s


    Cathay Pacific appears to have converted a pair of Airbus A350-1000s to the smaller -900 variant, the Hong Kong-based carrier’s half-year accounts indicate. Airbus’s backlog figures to the end of July show Cathay had ordered 46 A350s, a mix of 26 A350-900s and 20 of the larger -1000s. ...

  • Cathay 777-9X body

    Cathay not cancelling 777-9 orders, as it warns of bleak second half


    Cathay Pacific has stressed that it is in discussions with Boeing about deferring — not cancelling — its orders for the 777-9 widebody. At a briefing after it disclosed record first half losses, Cathay chief operations and service delivery officer Greg Hughes says it is a “deferral of all ...

  • Cabin crew

    How many jobs are airlines cutting due to coronavirus?


    Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.

  • Scoot coronavirus
    In depth

    Asia-Pacific coronavirus crisis has clear winners and losers


    Asia-Pacific airlines continue to have a rough ride with coronavirus, but the crisis will place further airspace between stronger and weaker carriers.

  • Cathay Pacific
    In depth

    Grounded commercial aircraft around the world – in pictures


    Parked aircraft have become commonplace at airports in all regions as the coronavirus outbreak prompts border restrictions and plummeting demand for air travel

  • Cathay Pacific A330

    ​Cathay Pacific to close three US bases


    Cathay Pacific will close its three US cabin crew bases to preserve cash while the global air transport market remains “virtually halted” by the coronavirus pandemic.

  • Cathay Pacific A330

    Post-pandemic demand recovery ‘impossible to predict’: Cathay


    March proved to be yet another month of weak traffic figures for Cathay Pacific, which states that it is “impossible to predict” when passenger demand will recover from the coronavirus crisis. Commenting on its traffic results for March, Cathay adds that it is not seeing any improvement so far ...

  • Christoph Mueller

    Why airline CEOs should think counter-intuitively during a crisis


    Airline chief executives need to act swiftly during the coronavirus crisis, but should also remember that counter-intuitive actions might lead to better outcomes – particularly when it comes to short-term hits to the balance sheet. Those were among the key messages heard during the FlightGlobal webinar Airline chiefs on ...

  • Cathay A350-900

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


    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

    Coronavirus costs Cathay HK$2 billion in February


    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

    Cathay Pacific in talks to defer aircraft deliveries


    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

    Cathay flags ‘substantial loss’ for first half of 2020


    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

    ‘Turbulent’ 2019 squeezes Cathay profit


    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

    Cathay mulls cargo-only service on passenger jets to Japan


    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

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


    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

    ​Cathay details flight suspensions caused by coronavirus


    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

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


    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

    Coronavirus outbreak forces Cathay to slash capacity by 30%


    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 ...