All Cathay Pacific Articles – Page 7
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News
Hong Kong Airport exporters to benefit from cargo concession
Airport Authority Hong Kong (AA) will support airlines to introduce a terminal charge concession scheme from April 1 next year to help offset increased cargo screening costs and reinforce the hub's competitiveness.Under the Scheme, AA will contribute 20% of the terminal charge concession amount offered by an airline to freight ...
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Hong Kong carriers under pressure
Cathay Pacific and Hong Kong Airlines are both facing pressure, with the latter facing the prospect of being wound up by authorities.Earlier this week, Hong Kong's Air Transport Licensing Authority (ATLA) issued an ultimatum to Hong Kong Airlines, saying it must secure a cash injection and raise and maintain its ...
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Cathay Pacific: positive peak season for AP region
Cathay Pacific Cargo has reported a positive peak season, based on its performance and its role in transporting freight related to consumer-led holidays such as Singles' Day, Thanksgiving and Christmas.In a reflective, positive statement, the company's head of cargo global partnerships, James Conlin (pictured), said: "While still below what it ...
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Cathay Group's cargo volumes droop in October
Cathay Pacific and Cathay Dragon carried 183,119 tonnes of cargo and mail in October, a drop of 4.9% compared to the same month in 2018.In its latest monthly figures, Cathay Pacific Group said that cargo and mail load factor fell by 2.4 percentage points to 68.0%.Capacity, measured in available freight ...
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Peak season arrives as Asia-Europe rates take off
Airfreight rates on services between Hong Kong and Europe have started to pick up as the peak season finally gets underway.The latest figures from Tac Index show that in October the average price on services from Hong Kong to Europe reached $2.82 per kg, up from $2.56 in September.While average ...
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Cathay Pacific expects positive peak
Following the release of its September traffic figures earlier this month, which showed a slight improvement on August, Cathay Pacific has hailed a ‘positive start’ to the peak season.Tracey Ma, who took up the post of cargo sales manager Hong Kong at Cathay during the summer, observed: “The major challenge ...
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NewsCathay Pacific releases combined traffic figures for September 2019
Cathay Pacific Group has announced that tonnage carried and load factor for the year to date are “significantly below” the same period last year, despite small signs of improvement compared to August.In the first nine months of 2019, tonnage fell by 6.8% against an 0.7% increase in capacity. The traffic ...
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Cathay Pacific's B747-400BCF ends operations
Cathay Pacific's B747-400BCF (B-HUS) has made its last revenue flight ahead of its planned retirement at the end of November.The Hong Kong-based carrier said the move was linked to the modernisation of the Cathay Pacific fleet.The airline added that its freighter fleet will remain at its current size of 20 ...
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Cathay Pacific Group reports tough August amid Hong Kong strikes
Cathay Pacific Group, comprised of Cathay Pacific and Cathay Dragon airlines, has released its figures for August 2019, which show a decrease in the amount of transported cargo compared with the same time period in 2018.This summer, ongoing protests in Hong Kong negatively impacted Cathay Pacific and Cathay Dragon's operations ...
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NewsCathay Pacific chairman Slosar to retire
Cathay Pacific has announced that chairman John Slosar will retire at the conclusion of the next board meeting on November 6 after 39 years at Swire, the parent company of the airline group.Slosar will be replaced by Patrick Healy who joined Cathay Pacific parent the Swire Group in 1988.Merlin Swire, ...
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Air New Zealand and Cathay Pacific extend partnership up to 2024
Air New Zealand and Cathay Pacific have had their joint venture partnership re-authorised for another five years (up to 31 October 2024) by New Zealand officials.Lavinia Lau, director of commercial, at Cathay Pacific, said New Zealand is an important part of its network and a popular destination for customers.Meanwhile, Nick ...
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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 ...