All Cathay Pacific articles – Page 7
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News
Cathay Pacific chief executive resigns amid protest row
Today (August 16) Cathay Pacific announced changes in its senior management team.Augustus Tang will replace Rupert Hogg as chief executive, following Hogg's resignation earlier today. Ronald Lam will replace Paul Loo as chief customer and commercial officer.Although Cathay Pacific "believes that it is the right time for new leadership", the ...
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Hong Kong cargo operations largely unaffected by recent disruption
The protests at Hong Kong International Airport are not expected to cause major delays to cargo shipments.Protests at the airport disrupted bellyhold cargo operations between Monday and Wednesday, with services only starting to return to normal yesterday as the airport added extra security measures.However, Hong Kong Association of Freight Forwarding ...
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Hong Kong flights resume as airport adds new security measures
Passenger flights from Hong Kong International Airport (HKIA) have re-started today as the Asian hub has put extra security measures in place to limit protesters' access to terminals.The airport grounded hundreds of flights on Monday and Tuesday as protesters swarmed into terminal areas.Flights have re-started today, but there are still ...
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Hong Kong flights suspended for second day
Hong Kong International Airport (HKIA) has again suspended all passenger flights due to ongoing protests just hours after re-starting operations.The world's busiest freight hub began allowing flights to take-off earlier today after a suspension was put in place yesterday due to hundreds of protesters occupying the main arrivals hall.However, just ...
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Hong Kong Airport flights re-start after cancellations this morning
UPDATE: FLIGHTS ONCE AGAIN SUSPENDED CLICK TO READ MOREPassenger flights at Hong Kong International Airport (HKIA) have re-started today after there were more cancellations this morning (August 13).Flights at the world's busiest freight hub were first cancelled yesterday as a result of protesters occupying the main arrivals hall.Freighter flights were ...
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Cathay Pacific takes action following China warning over protests
Cathay Pacific has suspended a pilot who was arrested amid ongoing protests in Hong Kong. It has also fired two members of ground staff for "misconduct".The suspension and terminations, which took place over the weekend, follow a warning emailed to staff from Cathay Pacific chief executive Rupert Hogg on August ...
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Cathay Pacific Cargo under pressure in H1
Cathay Pacific saw cargo revenues, volumes and yields decline in the first half of the year as the US-China trade war took its toll on performance.The Hong Kong-headquartered carrier reported an 11.4% year-on-year decline in cargo revenues to HK$11.5bn, volumes were down 5.7% on a year ago to 979,000 tonnes ...
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Hong Kong strikes hit cargo operations
Hundreds of flights from Hong Kong, the world's busiest cargo airport, have been cancelled as protesters continue coordinated strikes that are bringing chaos to the city.Pilots, flight crews and air traffic controllers are all reported to have joined city wide demonstrations.Cathay Pacific Cargo said it does not foresee any freighter ...
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NewsChanges at the head of Cathay Pacific's cargo business
Cathay Pacific has changed the reporting lines of its cargo division.Freighter fleet network planning will now fall under the remit of the new director of commercial, Lavinia Lau, while cargo commercial will report directly to chief customer and commercial officer, Paul Loo.Lau takes over the role from director commercial and ...
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Cargo volumes down at Cathay Pacific in May
The Cathay Pacific Group saw its cargo volumes decline again in May, with demand shrinking by 3.9% year on year to 168,270 tonnes.The cargo and mail load factor fell by 4.7 percentage points to 63.9%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 4.6% while cargo and ...
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NewsCathay Pacific Cargo volumes fall in April
Ronald Lam, Cathay PacificCathay Pacific and Cathay Dragon carried a total of 163,694 tonnes of cargo and mail in April, a fall of 6.2% year on year.The combined cargo load factor for the two carriers of the Cathay Pacific Group also fell – by 5.5% (to 62.5%) over the same ...
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NewsTurkish Cargo scoops Cargo Airline of the Year Award
Turkish Cargo was voted Cargo Airline of the Year 2019 as the airfreight industry gathered in the UK for a night of celebration at Air Cargo News’ industry Oscars, now in their 35th year.The Istanbul-hubbed airline secured the highest total number of votes cast by Air Cargo News readers to ...
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Cathay Pacific Cargo strikes an optimistic note despite weak start to 2019
Cathay Pacific Cargo remains optimistic about its cargo business, despite registering declines in its cargo revenues and volumes during the first two months of the year.The carrier group saw cargo traffic decline by 9.3% in February following on from a 5.2% slide in January.However, general manager cargo commercial Nelson Chin ...
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Cathay agrees HK Express acquisition from HNA
Hong Kong-based Cathay Pacific has entered into a HK$4.93bn share purchase agreement to buy 100% of low-cost carrier Hong Kong Express Airways (HKE) from HNA Group, the Chinese conglomerate.The passenger and cargo giant said that the total consideration comprises of HK$2.25bn in cash and a non-cash component of HK$2.68bn.The transaction ...
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Strong cargo performance as Cathay Pacific returns to profit
Cathay Pacific saw increased capacity, yield and load factors in cargo as it benefitted from robust demand in 2018. It says the 14.7% (to HK$2.03) increase in yield compared to 2017 reflected a rise in high-value specialist cargo shipments and higher fuel surcharges.Cargo capacity of Cathay Pacific and Cathay Dragon ...
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Cathay Pacific confirms takeover talks for Hong Kong Express from HNA Group
Cathay Pacific Airways has confirmed that it is "in active discussions" about an acquisition involving the low cost carrier Hong Kong Express Airways (HKE) from HNA Group, the Chinese conglomerate.The Hong Kong-base passenger and freighter airline issued a short statement after media reports suggested that Cathay Pacific was in discussions ...