Articles tagged “cathay pacific”

Singapore Airlines and Cathay Pacific Once Dominated Asian Skies but There’s a New World Order

Singapore Airlines and Cathay Pacific Once Dominated Asian Skies but There’s a New World Order

David Fickling , Bloomberg

Cathay Pacific and Singapore Airlines were once two of the world's most iconic airlines. They're still good at what they do, but they face new threats from both discounters and opulent Middle Eastern Airlines. And neither seems to know exactly how to respond.

11 hours ago

Cathay Pacific Will Engage in a Major Cost Cutting Program

Cathay Pacific Will Engage in a Major Cost Cutting Program

Kyunghee Park, Dong Lyu and Prudence Ho, Bloomberg

Some of Asia's largest airlines are slow to embrace change, but Cathay Pacific is finding it has no choice. It must be more competitive in this new landscape, in which customers are defecting to other airlines in greater numbers.

2 days ago

Cathay Pacific Is Embarking on a New Business Strategy

Cathay Pacific Is Embarking on a New Business Strategy

Kyunghee Park, Bloomberg

Pressure from Gulf airlines, as well as newer carriers in China, has put Cathay Pacific in a difficult spot. To get out of it, it looks like the company is going to have to implement some form of restructure in order to make it more competitive.

4 days ago

A Celebration of the Brands That Cared in Airlines and Hospitality

A Celebration of the Brands That Cared in Airlines and Hospitality

Colin Nagy, Skift

For 2017, it is advisable to vote with your wallet, and support the airlines, hotels, and brands that are elevating experiences and not resting on their laurels or forgetting the vital human element of service.

3 weeks ago

Asia’s Largest Airlines May Soon Cut Passenger Perks

Asia’s Largest Airlines May Soon Cut Passenger Perks

Angus Whitley, Bloomberg

Airlines elsewhere moved a more a la carte model for passengers services years ago, so it never made sense that some airlines in Asia held out. That's beginning to change, though the region's carriers still offer far more perks than the average American airline.

1 month ago

Cathay Pacific Is Cutting Costs By Not Raising Senior Staff Salaries

Cathay Pacific Is Cutting Costs By Not Raising Senior Staff Salaries

Kyunghee Park, Bloomberg

Cathay's extensive review, no doubt, will have to involve improvements in the overall guest experience if the airline wants to remain competitive with other carriers.

2 months ago

Airline Lounges Up the Ante on Spa Perks for Ultra-Rich Male Passengers

Airline Lounges Up the Ante on Spa Perks for Ultra-Rich Male Passengers

Eric Rosen, Bloomberg

Crazy-rich male travelers: they're just like us.

2 months ago

Cathay Pacific’s Grim Outlook Courtesy of Rival Chinese and Gulf Carriers

Cathay Pacific’s Grim Outlook Courtesy of Rival Chinese and Gulf Carriers

Kyunghee Park, Bloomberg

As the writer points out, Cathay Pacific's future doesn't look favorable unless the carrier does something drastic — and that likely means major investments in the passenger experience that makes it hard to pass up.

3 months ago

Cathay Pacific Can’t Find Enough Premium Passengers in Hong Kong

Cathay Pacific Can’t Find Enough Premium Passengers in Hong Kong

Kyunghee Park, Bloomberg

A slump is a good time to make smart investments for the long term, not play musical chairs with executives.

5 months ago

Cathay Pacific Expected to Take Big Loss Over Fuel Hedging Strategy

Cathay Pacific Expected to Take Big Loss Over Fuel Hedging Strategy

Benny Kung and Kyunghee Park, Bloomberg

A few years ago, hedging fuel was a smart strategy. But with fuel pricing dropping, fuel hedging is becoming a liability.

5 months ago

Southeast Asia’s Biggest Airlines Face Increased Competition

Southeast Asia’s Biggest Airlines Face Increased Competition

Kyunghee Park, Bloomberg

Profits are high, but it's not an easy time for full-service Southeast Asian airlines. Cathay Pacific and Singapore are getting squeezed by both budget carriers and ultra-luxury Gulf airlines.

6 months ago

Cathay Pacific’s Disappointing 2016 Impacted by Regional Competitors

Cathay Pacific’s Disappointing 2016 Impacted by Regional Competitors

Crystal Tse, Bloomberg

Fewer passengers than expected and rising crude oil prices are making this a very turbulent year for Asia's largest international carrier by passenger load.

6 months ago