October 21, 2020 8:42 pm
Nearly thirty airlines across the world have folded or filed for bankruptcy during the pandemic. The list of carriers that have had to cut salaries and lay off employees is even longer.
October 21, 2020 7:22 am
The entire reductions of some 8,500 jobs amount to around 24% of Cathay’s headcount, one of the largest hits in aviation globally since the outbreak started.
August 12, 2020 11:18 am
The company already warned of the loss, which includes impairment charges of HK$2.5 billion relating primarily to 16 aircraft unlikely to return to meaningful economic service again.
February 07, 2020 4:17 pm
The virus can’t survive long on seats or armrests, so physical contact with another person carries the greatest risk of infection on a flight, said David Powell, a physician and medical adviser to the International Air Transport Association.
February 05, 2020 4:41 pm
On Tuesday, the carrier said it planned to cut about 30 per cent of capacity over the next two months, including about 90 per cent of flights to mainland China.
September 12, 2019 9:01 am
Cathay, which is trying to complete a three-year financial turnaround plan, has become the biggest corporate casualty of the Hong Kong protests after China demanded it suspend staff involved in, or supporting, the demonstrations
August 16, 2019 4:25 pm
Augustus Tang, the head of Hong Kong Aircraft Engineering Company - which like Cathay is managed by Swire Pacific Ltd, will take over as the carrier's new chief.
October 24, 2018 10:19 pm
Cathay Pacific Chief Executive Rupert Hogg said no passwords were compromised in the breach and the company was contacting affected passengers to give them information on how to protect themselves.
October 12, 2015 12:01 am
September 09, 2011 12:32 am
* Auditor says govt policy did not protect Air Indias national carrier status.