Cathay Pacific News
Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic
Airline to seek changes in pilot, cabin crew contractsRestructuring to cost $284 mln
1 min read21 Oct 2020Crisis-hit Cathay Pacific Airways says 25,000 staff will take unpaid leave
More than 25,000 Cathay Pacific Airways Ltd. staff have agreed to take unpaid leave, according to an internal memo from Chief Executive Officer Augustus Tang, in which he thanked employees for their support as the airline contends with the impact of the coronavirus.
1 min read26 Feb 2020Cathay Pacific Airways CEO Rupert Hogg resigns as Chinese scrutiny mounts
Augustus Tang named new CEO of Cathay Pacific; Paul Loo resigns as chief customer and commercial officerHogg says these have been ’challenging weeks’ for the airline
3 min read16 Aug 2019What Hong Kong airport disruption means for your travel plans
Check-in for outbound flights was haltedPassengers were told to confirm their journeys with airlines before going to the airport
2 min read13 Aug 2019Cathay Pacific in talks to buy stake in HK Express Airways
A stake is HK Express would give Cathay Pacific exposure to the growing budget-travel marketGiven Cathay’s dominance of Hong Kong’s aviation market, a deal could raise competition issues
2 min read6 Mar 2019‘Surprise special’: Cathay Pacific to honour $16,000 flight tickets sold at $675
In a ticketing error, Cathay Pacific sold tickets for around $675 return instead of about $16,000 normally.
1 min read3 Jan 2019Qatar Airways acquires 5% of China Southern Airlines
Qatar Airways also owns a 20% stake in British Airways-parent International Consolidated Airlines Group, 10 percent of South America’s LATAM Airlines Group SA, 49% of Italy’s Meridiana and 9.99% stake in Hong Kong’s Cathay Pacific
1 min read2 Jan 2019Cathay Pacific sells $16,000 premium seats for $675 in ticketing blunder
Cathay Pacific Airways’ return fares in the premium cabin from Da Nang to New York started at $675 for travel in August, according to bloggers
1 min read2 Jan 2019Airbus, Boeing eye 16,000-plane jackpot as Asia gets airborne
After a flurry of aircraft deals in the last decade, Airbus and Boeing continue wooing Asian customers for future orders as carriers in mainland China, and those in India and Southeast Asia
3 min read5 Feb 2018Qatar Airways says offered 25% stake by US start-up airline
A start-up airline in the United States has offered a 25% stake to Qatar Airways, CEO Akbar al-Baker has said, providing another opportunity for the Gulf airline to broaden its reach
1 min read17 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared