Qatar Airways deal could help Cathay Pacific regain Europe traffic

Cathay Pacific is looking to tap into Qatar Airways' network of 31 European destinations. Hong Kong's top airline serves fewer than 10 cities in the key market. Photo: Nora Tam

Cathay Pacific Airways' new partnership with Doha-based Qatar Airways could help the Hong Kong airline reclaim some of the Europe-bound passenger traffic poached from it by Middle Eastern rivals such as Emirates.

Friday, 14 March, 2014, 12:03am

Fuel savings propel Cathay's profit

Cathay Pacific chairman Christopher Pratt (left) and chief executive John Slosar discuss company results yesterday. Photo: May Tse

Cathay Pacific Airways tripled its net profit last year to HK$2.62 billion largely on the back of savings in fuel costs and a slight improvement in passenger yields as Hong Kong's flagship carrier plans to expand cargo and passenger traffic in 2014.

13 Mar 2014 - 1:00am 2 comments

Qantas to cut 5,000 jobs after posting A$252 million pretax loss

Qantas is suffering from intense competition with its rival Virgin Australia. Photo: EPA

Australian carrier Qantas Airways plans to cut 5,000 jobs, or 15 per cent of its workforce, sell older jets and reduce capital spending after reporting a first-half loss amid growing competition in both international and domestic operations.

27 Feb 2014 - 3:59pm

Overcapacity puts the brakes on Asian cargo carriers growth

Budget carriers sit on the tarmac at Singapore's Changi Airport. New aircraft purchases are expected to be announced during the Singapore Airshow this week. Photo: Reuters

Top Asian airlines' profit margins are being eroded by a struggling air cargo business, even as they capitalise on increasing passenger demand, industry executives said over the weekend.

11 Feb 2014 - 1:46am

Jetstar Hong Kong grounds 7 new Airbus planes as licence approval delayed

Jetstar Hong Kong chief executive Edward Lau and chairman Pansy Ho still await approval of the carrier's application for an operating licence. Photo: Felix Wong

Jetstar Hong Kong is in talks to sell some of its fleet of new Airbus 320 planes and lease them back in a bid to cut the crippling costs of a prolonged delay in securing an operating licence in the city, people familiar with the negotiations told the South China Morning Post.

10 Jan 2014 - 12:53am 1 comment

Britain tells airlines to keep Snowden off UK-bound flights

A British Airways planeat Heathrow airport. Photo: EPA

The British government has warned airlines around the world not to allow Edward Snowden onto flights to Britain, marking the first official measure to target him even though he has yet to be charged with any crime and no warrant has been issued for his arrest.

15 Jun 2013 - 8:22pm 7 comments

Plane will not wait for you to buy cigarettes, says flight attendant to policewoman

Photo: SCMP Pictures

Rumours of a Hong Kong flight attendant rejecting demands from a uniformed military police officer became an instant hit on weibo. The officer wanted to delay take-off so she could go out and buy cigarettes for her boss.

8 May 2013 - 3:44pm 3 comments

Three Chengdu Airlines pilots probed for autopilot landing in bad weather

China is experiencing a shortage of pilots. Photo: EPA

The mainland's aviation authority is investigating three Chengdu Airlines pilots after they landed a plane using autopilot in poor weather conditions, despite warnings that that would place the passengers in danger.

20 Apr 2013 - 8:44am

Slicing through the airlines

High-speed rail has been popular on the mainland, with 100 million passengers travelling on the Beijing-Shanghai line alone. Photo: AP

The integration of air travel and high-speed rail services on the mainland will benefit major airports like Hong Kong, Shanghai and Beijing, but hurt smaller airports and short-haul flights, say industry players.

12 Mar 2013 - 4:44am

Airlines push for direct sales amid weak market

Tony Tyler, director general and chief executive of the International Air Transport Association. Photo: David Wong

Airlines are estimated to have this year earned net profit of US$8.4 billion for a margin as thin as 1.3 per cent, a typical year in a highly volatile industry.

26 Feb 2013 - 5:22am

Virgin Australia pounces on Tiger

Singapore Airlines is taking 10 per cent of Virgin Australia, which is taking a 60 per cent stake in Tiger Airways Australia, a unit of Singapore Airlines’ Tiger Airways. Photo: AFP

Virgin Australia on Tuesday said it has sold 10 per cent of its business to Singapore Airlines while agreeing to buy a 60 per cent stake in low-cost carrier Tiger Airways Australia.

In a slew of announcements, the country’s second-biggest airline after Qantas also said it was making a A$98.7 million (US$101.9 million) takeover offer for Australian regional carrier Skywest.

30 Oct 2012 - 10:24am

Qantas boss has no regrets over grounding fleet

Qantas signage at Sydney International airport on October 31, 2011 signals the end of a 46-hour grounding of the fleet sparked by a bitter industrial row. Qantas chief executive Alan Joyce said he has no regrets about the decision to pull all the airlines planes out of the sky for almost two days. Photo: AFP

Qantas chief Alan Joyce said he has no regrets about ordering the shock grounding of the Australian airline’s entire fleet last year, saying it paved the way for much needed change.

26 Oct 2012 - 11:22am

India’s unpaid airline staff shaken by suicide

Employees of India's Kingfisher Airlines protest on October 8 to complain of not being paid for up to seven months. Photo: AFP

Frustration and anxiety are etched on the faces of staff at India’s grounded Kingfisher Airlines as they gather at Mumbai’s domestic airport each morning -- not to work, but to vent their anger.

10 Oct 2012 - 12:40pm

Asia's budget airline boom bypasses China

An Airbus A330-300 Air Asia airliner. Photo: AFP

A budget airline boom that is sweeping Asia is leaving Chinese travellers behind, as the the region now boasts more than 50 low cost carriers from almost none a decade ago.

27 Sep 2012 - 2:44pm

Airline stocks rise as fuel costs drop

A worker updates prices at a petrol station in Hefei.

Airlines stocks took flight after international oil prices fell unexpectedly, helping carriers trim high fuel costs.

19 Sep 2012 - 6:27pm