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  1. Cathay Pacific rides out high oil costs

    Posted Aug 10th 2006, 12:00am by Russell Barling

    ... Cathay Pacific Airways overcome surging oil prices to beat interim earnings expectations, posting only a marginal decline yesterday. The expansion-minded carrier's net profit fell just 0.1 ... billion, a 12.2 per cent rise. 'The biggest obstacle to a satisfactory profit was again the price of fuel,' Cathay Pacific chairman Christopher Pratt said yesterday at a post-results ...

  2. Analysts anticipate Cathay Pacific profit of almost $1b

    Posted Mar 09th 2004, 12:00am by Annette Chiu, Russell Barling

    ... Cathay Pacific Airways is expected to announce its complete recovery from Sars with its results tomorrow, with analysts projecting that last year's strong second half will have ... of 2002 earnings but a figure that will be seen as a victory of sorts for Cathay, which lost $1.24 billion in the first half of last year as Sars hurt passenger sales. 'If net profit reaches ...

  3. Record 13.6m travel with Cathay Pacific

    Posted Jan 13th 2005, 12:00am by Russell Barling

    ... Russell Barling Asia's aviation industry shook off its Sars-induced hangover last year and Cathay Pacific Airways capitalised to carry a record number of passengers and freight across its expanded global network. More than 13.6 million travellers flew on Cathay aircraft last year, almost 11 per cent more than the record of 12.3 million the airline set in 2002. It carried ...

  4. Oasis flies into storm over bid for routes

    Posted Jun 15th 2005, 12:00am by Russell Barling

    ... Oasis Hong Kong Airlines is seeking permission to fly to six destinations in Europe and the United States in a move that may be contested by Cathay Pacific Airways for breaking established ... precursor to an Atla application. It asked the Civil Aviation Department in February for a certificate but a decision was pending, the department said yesterday. It is understood Cathay will seek ...

  5. Carriers extend code-share to 2 cities

    Posted Apr 20th 2005, 12:00am by Russell Barling

    ... at Swire Group last month said Dragonair was the target of a takeover bid by minority shareholder Cathay Pacific. The move was thought to be the first step in a possible larger cross-shareholding agreement that could see Swire, Cathay's controlling shareholder, invest in Air China. However, responding to comments on Hong Kong's competitive environment at an event sponsored ...

  6. Dragonair to launch US cargo service

    Posted Mar 18th 2005, 12:00am by Russell Barling

    ... of a takeover bid from minority shareholder Cathay Pacific Airways, will start the service with equipment and crew leased from Taiwan's China Airlines until the first freighter it is having ...

  7. China's aviation reforms receive a significant boost

    Posted Oct 27th 2003, 12:00am by Russell Barling

    ... been overblown and belies their common shareholding structures and divergent business models. Cathay owns almost 20 per cent of Dragonair and Citic Pacific has more than 25 per cent in both ... Russell Barling Cathay's return to the mainland paves the way for the opening of more routes that are high-yield, such as Xiamen When the regulatory authorities last week gave Cathay ...

  8. Forwarders forecast bumper peak season

    Posted Nov 07th 2003, 12:00am by Russell Barling

    ... Russell Barling The holiday season rush for airborne exports to western consumer markets began in earnest this week, with forwarders and airlines predicting a stronger than average peak season. Hongkong Air Cargo Terminals Ltd (Hactl), the airport's ...

  9. Headwinds buffet Cathay cargo plans

    Posted May 26th 2006, 12:00am by Russell Barling

    ... Hong Kong's position as the gateway to China has propelled Cathay Pacific Airways into becoming one of the world's biggest carriers of air freight, the highest value ... A successful bid in the anticipated tender process would probably result in a messy divorce from Hactl, which necessarily would have to include Cathay and parent Swire Pacific selling their combined 30 ...

  10. Cathay profit fall tipped as heavy demand fails to offset fuel surge

    Posted Mar 06th 2006, 12:00am by Russell Barling

    ... More demand for business and leisure travel will not compensate for a sharp rise in jet fuel costs last year for Cathay Pacific Airways, which is expected to post a substantial drop ... a 'buy' on Cathay's stock with the sense that the worst may be behind Hong Kong's top airline. 'Oil has derailed earnings growth but we think that Cathay Pacific is well placed ...




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