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Cathay Pacific Airways planes at Hong Kong International Airport

Cathay Pacific profits edge up amid strong competition

Cathay Pacific Airways has today reported marginal full-year profit growth, but airfares fell because of intense competition as Asia's airlines continue to restore seat capacity after the pandemic.

Business • 12 Mar

Cathay Pacific Airways has inspected its entire Airbus A350 fleet after the in-flight failure of an engine part and found 15 planes with components that needed replacement

Cathay Pacific inspections find 15 A350s need new parts

Hong Kong's Cathay Pacific Airways said today it had inspected its entire Airbus A350 fleet after the in-flight failure of an engine part and found 15 aircraft with components that needed replacement.

Business • 03 Sep 24

A record number of resignations by the airline's most experienced pilots leaves it unprepared to fully resume operations, the union says

Cathay union warns of higher fares due to fewer staff

Cathay Pacific Airways faces unprecedented staffing and training shortages that will keep airfares high and threaten Hong Kong's resumption of its role as a global aviation hub, a pilots' union said today.

Business • 06 Oct 22

The airline said its May capacity figures amounted to just about 4% of the passengers and 34% of the cargo it carried before Covid

Cathay Pacific forecasts 'substantial' loss in H1

Hong Kong's Cathay Pacific Airways expects a lower first-half loss than last year, driven by strong cargo performance and cost-cutting, the airline said today, while warning that this year's loss would still be "substantial".

Business • 14 Jun 22

Nearly 60% of Cathay's 2020 revenue of HK$47.9 billion was from its cargo operations, up from around 20% in 2019

Cathay Pacific posts record $2.8 billion annual loss

Hong Kong's Cathay Pacific Airways said it was focused on preserving cash after it posted a record annual loss of HK$21.65 billion ($2.79 billion), caused by a travel downturn, restructuring costs and fleet writedowns.

Business • 10 Mar 21

Cathay plans to operate less than 50% of its pre-pandemic capacity in 2021

Cathay Pacific to cut workforce and end Dragon brand

Hong Kong's Cathay Pacific Airways said today it is cutting 5,900 jobs and ending its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic.

Business • 21 Oct 20

Cathay has grounded most of its planes because of falling demand amid coronavirus-related travel curbs

Hong Kong govt leads $5 billion Cathay rescue package

Cathay Pacific Airways has today announced a recapitalisation plan worth HK$39 billion ($5.03 billion) led by the Hong Kong government to help it weather the coronavirus pandemic.

Business • 09 Jun 20

Cathay Pacific Airways is to slash passenger capacity by 96%, and possibly more in April and May

Governments offer financial lifelines to airlines

Shattered airlines were left counting the cost of government support as politicians in the US and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.

Business • 20 Mar 20

Cathay Pacific Airways said it expects its outlook to remain challenging in 2017

Cathay Pacific posts first annual loss since 2008

Cathay Pacific Airways today reported its first full-year loss since the 2008 global financial crisis.

Business • 15 Mar 17

Cathay Pacific Airways