Cathay Pacific announced an increase in passenger and cargo fuel surcharges effective August 1, marking the first rise since April's peak. Surcharges on flights between Hong Kong and the South Asian subcontinent will see the steepest jump of 41.3%, while routes to mainland China will increase by 20%.
Hong Kong's Cathay Pacific Airways expects its first-half net profit to surge by up to 75% to HK$6.5 billion (US$829 million), driven by increased passenger and cargo traffic, alongside a HK$1.4 billion gain from its Air China interest dilution.
Cathay Pacific confirmed the tail of an Airbus A330-300 struck the runway during a go-around at Hong Kong International Airport last Friday. The aircraft landed safely with no injuries reported, and the aviation regulator has ordered a report.
Hong Kong's aviation regulator has ordered Cathay Pacific to review an incident where a London-bound flight was intercepted by Nato jets over Romania after losing contact with air traffic control. The airline must submit a report within a week.
Super Typhoon Bavi has led to the cancellation of over 40 outbound flights from Hong Kong to Taiwan, mainland China, and Japan, with some carriers waiving change fees for affected passengers.
A Chinese-registered A350 aircraft traveling from Hong Kong to London briefly lost contact with Romanian air traffic control while in Romanian airspace. A NATO quick reaction alert scrambled Hungarian aircraft to visually warn the plane, after which contact was re-established.
A Cathay Pacific aircraft traveling from Hong Kong to London briefly lost contact with Romanian air traffic control while in Romanian airspace. Hungarian NATO jets were scrambled to intercept and visually warn the aircraft near the border before contact was re-established.
Cathay Pacific Airways will resume Middle East passenger flights in September, six months after suspending services due to the war. Freighter flights to Riyadh begin August 1, followed by daily passenger flights to Dubai and four-times-weekly services to Riyadh on September 1.
Hong Kong has signed 96 agreements valued at US$1.65 billion with Kazakhstan and Uzbekistan during a visit by city leader John Lee Ka-chiu. The agreements cover government-level cooperation in trade and education, as well as business partnerships. Lee hailed the visit as successful, paving the way for closer ties and new direct flight routes.
Cathay Pacific, Hong Kong Airlines, and Greater Bay Airlines cancelled or rescheduled flights to Japan on Wednesday due to Typhoon Jangmi approaching Tokyo. Affected routes include Tokyo, Osaka, and Nagoya.
HKEX celebrates 40 years since Hong Kong's stock exchanges merged, marking growth from local to global superconnector amid challenges.
A Cathay Pacific flight from Brisbane to Hong Kong experienced severe turbulence, injuring 10 passengers and crew. One traveler described the event as feeling like free-falling, with items flying and screams filling the cabin.
A Cathay Pacific flight from Brisbane to Hong Kong encountered severe turbulence, injuring 10 passengers and crew members. The flight landed safely in Hong Kong, and those injured received medical attention.
Cathay Pacific Airways made a strong stock market debut, accounting for $446 million in turnover and closing at a 33% premium over its offer price, despite a general decline in the Hang Seng index.
HK Express reduces fuel surcharge by 12.8% to HK$339 per leg for overseas flights from Hong Kong, excluding mainland China, due to lower fuel prices amid the Middle East war.
Guy Bradley, 60, succeeds Patrick Healy as chairman of Cathay Pacific Airways and Swire Coca-Cola, focusing on enhancing performance and Hong Kong's aviation hub status.
Hong Kong flag carrier Cathay Pacific Airways will lower its fuel surcharge fees for passenger flights by as much as about 14 per cent from May 16, after a series of increases that began in March. For long-haul flights, the surcharge will fall from HK$1,560 (US$199) to HK$1,362 per leg of the trip. For shorter journeys, such as those between Hong Kong and South Asia, the rate will drop to HK$633, down from HK$725. For flights from mainland China to Hong Kong, the surcharge will remain at HK$135,...
Cathay Pacific Airways has raised HK$2.08 billion (US$265.4 million) by selling Hong Kong dollar-denominated bonds to boost its working capital, tapping the public bond market for the first time. Hong Kong’s flag carrier said on Friday that the bond issuance was the biggest of its kind by a locally based, non-public sector company. The three-year bonds, which carried a fixed interest rate of 3.78 per cent, were sold mainly to professional investors such as asset managers, banks and private...
