Tag: Cathay Pacific Airways

  • China Eastern, Cathay downgrade 1Q forecast

    China Eastern Airlines (MU) and Cathay Pacific Airways (CX) have downgraded their first-quarter profit forecasts citing the slowdown of market demand.... Read More
  • Third runway for HK passes first hurdle

    Hong Kong’s government has given a crucial ‘in principal’ green light for the plan to build an HK$86.2 billion (US$11 billion) third runway at the world’s busiest cargo and Asia’s third busiest passenger airport. The airport’s two existing runways...... Read More
  • Cargo decline continues for Cathay, intra-Asia steady

    Cathay Pacific Airways, the world's largest air cargo carrier, has said its cargo throughput fell in September, the sixth consecutive drop, with passenger volumes also beginning to look more uncertain.... Read More
  • Cathay, Dragonair see 11% cargo drop in July

    Cathay Pacific Airways has released combined Cathay Pacific and Dragonair traffic figures for July 2011 showing a year-on-year decline for cargo and mail tonnage while passenger numbers rose alongside a rise in capacity, compared to the same month in...... Read More
  • Cathay places order for eight B777-200Fs

    Cathay Pacific Airways has announced a significant investment in 12 B777s, including eight B777-200 Freighters and four B777-300ER passenger aircraft. The 12 new aircraft have a list price of about HK$25.6 billion. The aircraft are expected to be delivered...... Read More
  • Cathay Pacific boss urges third runway at HKIA

    Cathay Pacific Chief Executive John Slosar told an Australian audience that a third runway at Hong Kong International Airport (HKIA) would be important not only for Cathay Pacific and the aviation industry, but for the long-term stability and sustainability...... Read More
  • Cathay and Air China ink air cargo JV

    Cathay Pacific Airways and Air China have set up an air-cargo joint venture in China, according to a joint statement by the carriers on Thursday, finalising an agreement after discussions lasting nearly four years. The joint venture will be...... Read More
  • Air China gets government cash infusion

    The Chinese government has approved a 1.5 billion yuan capital injection into Air China, which will give a push to the air cargo joint venture with Cathay Pacific Airways. The Beijing-based carrier – China’s largest international carrier – will...... Read More
  • DHL, Cathay ink cargo security partnership

    DHL Global Forwarding and Cathay Pacific Airways have signed a memorandum of understanding (MOU) for a Security Partnership Programme. Under the MOU, DHL Global Forwarding will further enhance the security of high-value freight for customers, including pharmaceutical, fashion or...... Read More
  • Cathay reduces shareholding in HAECO

    Cathay Pacific Airways has announced that it has agreed to sell 20,700,958 shares, representing 12.45 per cent of its shareholding in Hong Kong Aircraft Engineering Company (HAECO) at HK$91.83 (US$11.85) per share to parent Swire Pacific, a transaction valued...... Read More