Articles tagged “cathay pacific”

China’s Bullet Trains Pose a Threat to Hong Kong Airlines

China’s Bullet Trains Pose a Threat to Hong Kong Airlines

Prudence Ho and Dong Lyu, Bloomberg

More turbulent skies lie ahead for Hong Kong-based carriers like Cathay.

4 weeks ago

Airlines Resume Flights to Hong Kong Following Powerful Typhoon

Airlines Resume Flights to Hong Kong Following Powerful Typhoon

Kyunghee Park, Bloomberg

With extreme weather events like typhoons, it can be difficult to predict how much disruption they will cause. In this case, it looks like it will be a good few days before operations at Hong Kong International Airport are back to normal.

4 weeks ago

Cathay Pacific Posts Loss as Fuel Prices Start to Bite

Cathay Pacific Posts Loss as Fuel Prices Start to Bite

Bloomberg

A loss is bad news for Cathay Pacific and will cast fresh doubts on whether the airline can successfully turn itself around.

2 months ago

High Fuel Prices Weigh on Cathay Pacific’s Recovery

High Fuel Prices Weigh on Cathay Pacific’s Recovery

Bloomberg News, Bloomberg

Rising fuel prices are bad news for most airlines. We'll find out soon enough whether Cathay Pacific is strong enough to cope with the new environment.

2 months ago

Competition Is Driving Cathay Pacific to Cut Jobs in Japan

Competition Is Driving Cathay Pacific to Cut Jobs in Japan

Kyunghee Park and Kiyotaka Matsuda, Bloomberg

Low-cost carriers continue to disrupt the airline industry, and if legacy carriers like Cathay Pacific want to survive, they'll need to rethink their own business and service models.

3 months ago

Cathay Pacific’s Long View on Investing Outside of Its Jets

Cathay Pacific’s Long View on Investing Outside of Its Jets

Colin Nagy, Skift

The so-called soft product is often the first to get the knife as airlines undergo turnarounds. Thanks to patient, long-term investors and the desire to be customer-centric, Cathay is investing in its lounges and end-to-end experiences even in the middle of a business turnaround.

3 months ago

Why Cathay Pacific Wants to Take On Low-Cost Carriers Without Creating Its Own

Why Cathay Pacific Wants to Take On Low-Cost Carriers Without Creating Its Own

Brian Sumers, Skift

Like many airlines, Cathay Pacific underestimated the digital revolution and the threat of low-cost competition. It is playing catch up, and its recent financial results have not been pretty. But Cathay Pacific has an excellent brand, and it serves a lucrative home market. It should be OK.

4 months ago

Cathay Pacific Gets a Boost From Business Class Revival

Cathay Pacific Gets a Boost From Business Class Revival

Kyunghee Park, Bloomberg

A $161 million annual loss isn't anything to shout about, but at least Cathay Pacific CEO Rupert Hogg, who only joined the business 10 months ago, can claim things are trending in the right direction. The next challenge is proving that the airline can deal with the threat coming from mainland China.

7 months ago

Cathay Pacific CEO Still Has a Very Tough Job Ahead

Cathay Pacific CEO Still Has a Very Tough Job Ahead

Angus Whitley and Kyunghee Park, Bloomberg

Like airlines around the world, Cathay Pacific has to contend with inroads from those pesky low-cost carriers. Unfortunately, the airline has an infrastructure problem that limits its options — constrained capacity in Hong Kong.

7 months ago

Asian Airlines Are Still Soaring Despite the Oil Price Spike

Asian Airlines Are Still Soaring Despite the Oil Price Spike

Dong Lyu, Kyunghee Park and Anurag Kotoky, Bloomberg

Airline executives say that Asian carriers can withstand the recent jump in oil prices without financial turbulence. Let's hear it for today's more fuel efficient aircraft.

8 months ago

Qatar Airways Keen on Taking a Bigger Slice of Cathay Pacific

Qatar Airways Keen on Taking a Bigger Slice of Cathay Pacific

Brian Sumers, Skift

Other airlines say they're adapting to what younger travelers want. But not all of them actually do it. Delta seems to be ahead of many of its competitors. And that's a good thing.

10 months ago

Cathay Pacific Bucks the Trend in Rewards Boost — Business of Loyalty

Cathay Pacific Bucks the Trend in Rewards Boost — Business of Loyalty

Grant Martin, Skift

Updates to Cathay Pacific's Marco Polo loyalty program may be a thinly veiled effort to bring business back to the company. Either way, frequent flyers on the airline are in for a loyalty bonus soon.

11 months ago