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  1. Cathay Pacific plane just seconds from collision in Australia

    Posted Dec 29th 2009, 12:00am by Simon Parry

    ... An air safety investigation has been launched to find out how a Cathay Pacific plane carrying 309 passengers ended up seconds away from a potential collision with another passenger jet ... over Australia's Northern Territory. The pilot of Cathay Pacific flight 135, almost full as expatriates headed home for Christmas, climbed 300 metres to 11,500 metres and veered ...

  2. Union accuses Cathay Pacific of harassing staff over unpaid leave

    Posted May 13th 2009, 12:00am by Simon Parry

    ... Cathay Pacific has been accused by its flight attendants' union of harassing cabin crew into agreeing to take unpaid leave by phoning them up to three times a day to remind them ... of May 18, have agreed to take leave. The endorsement by cabin crew came despite the refusal of the 5,000-member Cathay Pacific Flight Attendants Union to recommend it. Union chairwoman Becky ...

  3. 93pc of Cathay Pacific pilots agree to unpaid leave amid recession

    Posted May 20th 2009, 12:00am by Simon Parry

    ... Simon Parry More than nine out of 10 Cathay Pacific pilots have agreed to take unpaid leave after a last-minute rush which saw about 1,300 cockpit crew sign up for it in the final 72 hours ... age. Hundreds of younger pilots opted not to. Overall, more than 96 per cent of Cathay Pacific cabin crew and 99.9 per cent of ground staff agreed to take unpaid leave, and chief executive Tony ...

  4. Air China lifts Cathay Pacific stake to 29.99pc

    Posted Aug 18th 2009, 12:00am by Charlotte So

    ... Charlotte So Air China, the world's largest airline by market capitalisation, will pay Citic Pacific HK$6.34 billion for a 12.5 per cent stake in Cathay Pacific Airways in a bid to bolster its Hong Kong presence and fend off intensifying competition on the mainland. Swire Pacific has also agreed to buy 2 per cent of Cathay from Citic Pacific for HK$1.01 billion. After ...

  5. Cathay stake sale bolsters confidence in Citic Pacific

    Posted Aug 19th 2009, 12:00am by Carol Chan

    ... Carol Chan Citic Pacific's decision to offload its stake in Cathay Pacific Airways signals a return to basics for the Beijing-controlled company, which took a big hit from ill-timed ... of a 14.5 per cent stake in Cathay to Air China and Swire Pacific for HK$7.35 billion. It will retain a 2.98 per cent stake in Cathay after the disposal. 'Investors are generally confident ...

  6. Stormy skies ahead for Cathay Pacific

    Posted Apr 26th 2009, 12:00am by Simon Parry

    ... Simon Parry When Cathay Pacific issued a direct appeal to its pilots to take unpaid leave to help the airline through the economic slump, the tone of the message from general manager ... and it is therefore very likely that you will be in a very small minority of Cathay Pacific employees who have stated that they do not wish to assist the company at this difficult time.' Three days ...

  7. Cathay Pacific staff sign up for unpaid leave

    Posted Apr 24th 2009, 12:00am by Simon Parry

    ... Simon Parry A 'significant majority' of Cathay Pacific flight attendants and ground staff have signed up for unpaid leave despite appeals from key staff unions not to agree ... differently, especially when they are asking for our help?' Last year, Cathay Pacific aligned the retirement age for all its Hong Kong-based cabin crew to 55. A spokeswoman declined to say how ...

  8. Cathay slides on talk of new share issue

    Posted Aug 07th 2009, 12:00am by Charlotte So

    ... Cathay Pacific Airways' stock price slumped yesterday on concerns the company may issue new shares to raise funds to combat its accelerating debt ratio. Although the management ... issue, it would have to clear a major obstacle in the shape of major shareholders Air China and Citic Pacific. Together, they own a combined 35 per cent stake in Cathay and are unlikely to agree ...

  9. China Southern calls for fund levy to be dumped

    Posted Sep 12th 2009, 12:00am by Charlotte So

    ... China Southern Airlines, the largest mainland airline by passenger numbers, yesterday urged Beijing to drop its civil infrastructure fund levy on airlines to help the industry survive the economic downturn. 'I think the government should cancel the c ...

  10. Cathay unions warn managers mandatory leave plan is 'illegal'

    Posted Apr 16th 2009, 12:00am by Simon Parry

    ... A union representing Cathay Pacific pilots yesterday described as 'illegal and unacceptable' a reported scheme for staff to take mandatory unpaid leave to save the airline HK$400 ... not to sign anything unless the union negotiates an acceptable deal.' A spokeswoman for Cathay Pacific said: 'We cannot comment on speculative reports. We have made it clear ...




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