Dragonair flight attendants threaten to strike (Updated)
Shortly after the celebration for its 25th anniversary this past July, Cathay Pacific’s wholly-owned subsidiary Dragonair faces potential industrial actions by its flight attendants in a dispute over workload and labour shortage issues. The Flight Attendants’ Union of Dragonair today held an extraordinary general meeting (EGM) to discuss the company’s latest proposal to resolve the [...]
read moreCathay Pacific flies high
Being at the forefront of the global economic recovery, Cathay Pacific posted a record-breaking first-half profit of HK$6.84 billion (US$877 million) on top of an 8.5% increase in the number of passengers carried and a staggering 24.4% increase in number of tonnes carried to 872,000 tonnes. By all accounts, this result was simply unrivalled by most [...]
read moreBig twins bode well for Cathay Pacific expansion
Having ordered 30 Boeing 777-300ERs, Cathay Pacific is destined to become the biggest operator of the aircraft in the Asia Pacific region. With the latest Request for Proposals (RFP) issued last November, Cathay looks set to order additional big twins for its ambitious expansion. “We can only confirm that the bit about the airline is evaluating [...]
read moreCathay Pacific flight makes emergency landing in Hong Kong (Correct)
Cathay Pacific flight CX780 from Surabaya to Hong Kong, operated by an Airbus A330-342 which carries registration B-HLL and Manufacturer’s Serial Number (MSN) 244, suffered an engine anomaly of both of its its No. 1 left-hand side and No.2 right-hand side engine. The A330-342 made an emergency landing at Hong Kong International Airport’s Runway 07L at 1343 [...]
read moreCathay Pacific Threatened With Strike
The Cathay Pacific Flight Attendants Union (FAU) last Friday threatened to take industrial action, including a work-to-rule or a potential strike, despite the privileged Hong Kong flag carrier cancelled a controversial crew swapping guideline. The culprit of this latest labour dispute centred on the controversial crew swapping guideline, which prevents cabin crew from swapping below [...]
read moreImproved loads, caution flying ahead
IT looks like the dark clouds are clearing with major airlines reporting improved loads as the global economy shows signs of recovery. Cathay Pacific Airways becomes one of the first major airlines to announce a return to full-year profit, reporting a net of HK$4.7 billion (US$605 million) for 2009 compared with a loss of HK$8.7 [...]
read moreCathay: Easter holiday bookings "favorable"
Hong Kong-based carrier Cathay Pacific has told Airways Aviation News that its bookings for the upcoming Easter holiday period are “favorable” amid signs that there is a turnaround for Asia Pacific aviation as a whole. “Easter bookings are favourable and we will be mounting extra sectors to popular holiday destinations,” Cathay Pacific spokeswoman Carolyn Leung says. [...]
read moreCathay posts HK$4.7 billion full-year profit
- Revenues fell 22.6% to HK$67 billion- Profit totals HK$4.7 billion- 2009 operating profit totals HK$285 million- Debt-to-equity ratio fell to 0.62- Passenger yield fell 19.5%- Profit more than doubles Airways Aviation News’ forecast Cathay Pacific has reported a 2009 full-year profit of HK$4.7 billion (US$603 million), more than doubling Airways Aviation News‘ conservative forecast of [...]
read moreWill Cathay Pacific launch a Premium Economy product?
As Hong Kong flag carrier Cathay Pacific is going to report its 2009 full-year result (“Cathay Pacific may post 2009 full-year profit“, 23rd Feb 10) next Wednesday, 10th March, the carrier is still evaluating the Premium Economy Class product but may be a step closer to making a decision, Airways Aviation News has learned. Cathay Pacific [...]
read moreCathay Pacific to reap substantial long-term benefits from latest cargo JV
With the announcement of forming a cargo joint venture in Shanghai with Air China, Cathay Pacific is well-positioned to reap substantial long-term benefits from this joint venture based in one of world’s most rapidly-growing aviation market. The cargo joint-venture will be based on the existing Air China Cargo (ACC) platform, exploring the maximum growth potential while [...]
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