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Mainland Chinese airlines outshine Cathay Pacific in stock market rally

2015-05-04 19:12:37| Airlines - Topix.net

While the share prices of mainland Chinese carriers have risen sharply, Cathay Pacific Airways has yet to gain much altitude. Photo: K.Y. Cheng Cathay Pacific Airways is being outshone by mainland Chinese airline stocks which are catching up with their A-share valuations, with China Southern Airlines having risen almost five times more than the Hang Seng Index since the middle of March.

Tags: market stock chinese pacific

 

Cathay Pacific kicks off Boston social media photo campaign

2015-04-07 20:07:53| Airlines - Topix.net

Cathay Pacific Airways , named "World's Best Airline" in the 2014 annual Skytrax World Airline Awardsa , is commencing a photo campaign today, inviting participants to share quintessential Bostonian moments on social media platforms for a chance to win a roundtrip ticket to Hong Kong from Boston Logan International Airport , a new direct route scheduled to launch on May 3, 2015 at 1:45am. "A picture is worth a thousand words," hence from now up to April 24, 2015, Cathay Pacific encourages travellers, students and local Bostonians to photograph and share memorable experiences, places or objects unique to Boston with friends and family.

Tags: media photo social pacific

 
 

Cathay Pacific profit up 20%; upbeat on 2015 view

2015-03-18 13:28:00| Airlines - Topix.net

Cathay Pacific Airways Ltd.'s chairman said he was upbeat on the airline's outlook for 2015 after the company posted a 20% rise in full-year net profit on lower fuel prices, strong passenger growth and a recovery in the air-cargo market. The airline said its net profit for the 12 months ended Dec. 31 rose to 3.15 billion Hong Kong dollars from HK$2.62 billion a year earlier.

Tags: view profit pacific upbeat

 

Cathay Pacific Airways may post hefty fuel hedging losses

2015-03-16 08:17:37| Airlines - Topix.net

Carrier expected to report stronger profit of HK$3.4 billion for year despite taking a bad hit from locking in oil prices at higher than spot Analysts polled by Bloomberg expect Cathay to post a net profit of HK$3.43 billion for last year, compared with HK$2.62 billion in 2013. Photo: AFP Cathay Pacific Airways, which is due to post its annual results on Wednesday, may report hefty fuel hedging losses of up to HK$14 billion because it locked in fuel prices at higher than spot prices, which then plunged 50 per cent in the second half of last year.

Tags: post pacific fuel losses

 

Cathay Pacific Airways launches new freighter service between Kolkata-Hong Kong

2015-03-14 10:21:54| Airlines - Topix.net

Cathay Pacific Airways launched a new twice-weekly freighter service between Hong Kong and Kolkata on Wednesday, with a ceremony at Netaji Subhas Chandra Bose International Airport tonight to mark the inauguration of the new route. Cathay Pacific will be the only airline offering a scheduled non-stop freighter services between Kolkata and Hong Kong.

Tags: service kong pacific launches

 

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