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  1. Business - Companies - AVIATION

    Cathay Pacific to cut passenger capacity 1.6pc next year

    Posted Nov 29th 2012, 12:00am by BLOOM

    ... Bloomberg Cathay to cut capacity 1.6pc next year Cathay Pacific Airways will cut passenger capacity 1.6 per cent next year, the first reduction since 2009, as it contends with slowing ... estimates and target price for the airline. The airline rose 0.4 per cent to HK$13.92 in Hong Kong trading yesterday, while the Hang Seng Index declined 0.6 per cent. Cathay has risen 4.5 per cent ...

  2. Cathay Pacific may raise the ante against SIA for China Eastern stake

    Posted Sep 24th 2007, 12:00am by Staff Reporter

    ... Wong Ka-chun Cathay Pacific Airways appears to be heading for a costly tug of war with rival Singapore Airlines over a contested stake in mainland carrier China Eastern Airlines. Following up on reports in the South China Morning Post on Saturday that Cathay Pacific planned a counter offer for a stake in China Eastern to thwart a bid from Singapore Airlines, British media ...

  3. Cathay Pacific's policy is to attract the brightest and the best

    Posted Jul 24th 2007, 12:00am by Staff Reporter

    ... I wish to put into context some of the comments made in various letters on our employment policies. Cathay Pacific is one of Hong Kong's largest employers - with 11,400 of our 16,400 ... by assisting them with housing costs, for example. Cathay Pacific has worked assiduously to develop Hong Kong as the premier aviation hub in the Asia Pacific region. Our bold growth and expansion plans ...

  4. Cathay Pacific beats forecasts with 54.7pc gain

    Posted Aug 09th 2007, 12:00am by Charlotte So

    ... Cathay Pacific Airways posted a better than expected 54.7 per cent rise in first-half net profit as growing numbers of business and first-class passengers outpaced a downturn in cargo ... Cathay and Dragonair will take many, many years to realise,' said Cathay Pacific chairman Christopher Pratt. Passenger yields rose 10.9 per cent to the highest level since 2002, on rising ...

  5. 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 ...

  6. 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 ...

  7. Cathay Pacific passenger numbers soar 88pc

    Posted Jul 10th 2003, 12:00am by Annette Chiu

    ... The monthly increase is still half the figure from last year Cathay Pacific Airways' passenger numbers last month surged more than 88 per cent from May when the Sars outbreak ... (RPK), the distance flown by paying passengers, plunged 44.5 per cent year on year in June to 2.16 billion, an improvement from May when RPK slumped 67.5 per cent to 1.2 billion. Cathay ...

  8. Cathay Pacific puts more passengers on board to overtake JAL

    Posted May 30th 2005, 12:00am by Murray Bailey

    ... collected from the airlines, Cathay Pacific Airways' growth in seats filled, at 17 per cent, is not only fast, but it makes the airline bigger than Japan Airlines. The airline has become the region's second largest by this measure, after Singapore Airlines. In fact, first-quarter growth for Cathay's three main competitors- Japan Airlines, Qantas Airways, and Singapore Airlines- ...

  9. Cathay Pacific maintains expansion path despite rising jet fuel bill

    Posted Mar 11th 2005, 12:00am by Joseph Lo

    ... with an airline analyst usually starts: 'Jet fuel. Big issue'. And then the remainder of the conversation quickly goes downhill from there. But Cathay Pacific Airways' results this week showed that a rising fuel bill is no impediment to healthy, growing profits- especially if growth in demand is outstripping that of costs. Cathay chief executive Philip Chen Nan-lok on Wednesday ...

  10. Cathay plunges into a thick red cloud

    Posted Aug 09th 2012, 12:00am

    ... Dragged down by the sluggish cargo business and falling ticket prices, Cathay Pacific Airways plunged into the red in the first half, reporting a HK$935 million loss, compared ... classes. Business travellers were reducing or deferring trips, while economy passengers were becoming more price-sensitive. But Cathay continued to play down the looming impact of budget carriers ...




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