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Cathay Pacific posts record loss of US$2.79 billion as COVID-19 continues to hammer aviation

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Hong Kong flag carrier Cathay Pacific Airways said on Wednesday (10 March) that it posted a record annual loss of HK$21.65 billion (US$2.79 billion),...

Cathay Pacific January traffic down 99% year-on-year as quarantines kill international traffic

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Cathay Pacific said Wednesday (17 February) that its January 2021 traffic figures showed the airline carried a total of 30,410 passengers last month, a...

Cathay Pacific plans HK$6.74 billion debt sale

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Hong Kong flag carrier Cathay Pacific Airways announced Thursday (28 January) that it would issue HK$6.74 billion ($870 million) in convertible bonds to help...

Majority of Cathay Pacific’s pilots, crews opt for new contracts to survive pandemic job...

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Hong Kong flag carrier Cathay Pacific said Thursday (5 November) that the majority of its pilots and cabin crew have opted to sign up...

Cathay Pacific to cut 6,000 workers and kill off Dragon affiliate to survive COVID-19...

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Hong Kong flag carrier Cathay Pacific made it official and announced today (21 October) that it was laying off 6,000 workers and will kill...

Cathay Pacific September traffic down 98%

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The Cathay Pacific Group on Monday (19 October) released its combined traffic figures for September 2020 that showed the airline passenger count fell more...

Cathay Pacific testing digital health pass

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Cathay Pacific Airways and United Airlines will this week begin testing a digital health pass for travellers to securely document their certified COVID-19 test...

Cathay Pacific posts loss for first half of 2020

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Hong Kong flag carrier Cathay Pacific said Wednesday (12 August) that it lost HK$9.86 billion (US$1.26 billion) in the first half of 2020 compared...

Cathay Pacific Group issues profit warning

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Hong Kong’s Cathay Pacific Group issued a dire profit warning Friday (17 July), saying it expected to incur a “substantial loss for the first...

Cathay Pacific traffic in May falls more than 99%

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Hong Kong flag carrier Cathay Pacific said Friday (12 June) that its May 2020 passenger traffic fell 99.4 percent compared to May 2019 and...