cathay News

Fpo - Shares in Hong Kong's marquee carrier Cathay Pacific plunged on Thursday after the struggling airline unveiled a HK$6.7-billion (US$870-million) bond sale to try to stem its rampant cash burn.

Fpo - Troubled Hong Kong airline Cathay Pacific announced a HK$39 billion ($5 billion) government-led bailout plan on Tuesday as it battles a crippling downturn caused by the coronavirus.

Fpo - Hong Kong's flagship carrier Cathay Pacific is asking its entire workforce to take up to three weeks of unpaid leave, its CEO announced Wednesday, as the airline faces a crisis in the wake of the new coronavirus outbreak.

Fpo - Former Cathay Pacific staff who say they were fired for supporting Hong Kong's pro-democracy protesters accused bosses on Monday of carrying out a "Cultural revolution" style political purge.

Fpo - Cathay Pacific announced Wednesday its chairman John Slosar is stepping down to retire, the latest high-profile executive to leave the troubled airline after it drew Beijing's ire over pro-democracy protests in Hong Kong.

Fpo - A fortnight ago Cathay Pacific said it "wouldn't dream" of muzzling the views of its 27,000 Hong Kong staff, but after the dismissal of several pro-democracy supporters among its workforce under Chinese pressure, employees say this is exactly what has ...

Fpo - Cathay Pacific said Wednesday two pilots had been sacked, as the Hong Kong carrier comes under huge pressure from Beijing to clamp down on staff supportive of anti-government rallies."One is currently involved in legal proceedings.

Fpo - A Cathay Pacific advert featuring two men holding hands can now be displayed across Hong Kong's transport network, after its reported ban sparked a public outcry.

Fpo - Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion ($299 million) last year, ending two successive annual losses after a massive overhaul.

Fpo - Scores of savvy travellers will be sipping heavily discounted champagne in first class recliners on Cathay Pacific flights this year after the airline agreed to honour tickets that were mistakenly sold at a fraction of their value.

Fpo - The top two executives at Hong Kong carrier Cathay Pacific on Wednesday apologised for the firm's handling of the world's biggest airline hack that saw millions of customers' data breached but denied trying to cover it up.

Fpo - The world's biggest airline data breach, affecting millions of Cathay Pacific customers, was the result of a sustained cyber attack that lasted for three months, the carrier admitted, while insisting it was on alert for further intrusions.

Fpo - Hong Kong carrier Cathay Pacific came under pressure Thursday to explain why it had taken five months to admit it had been hacked and compromised the data of 9.4 million customers, including passport numbers and credit card details.

Fpo - Hong Kong carrier Cathay Pacific came under pressure Friday to explain why it had taken five months to admit it had been hacked and compromised the data of 9.4 million customers, including passport numbers and credit card details.

Fpo - Hong Kong flag carrier Cathay Pacific said Wednesday it had suffered a major data leak affecting up to 9.4 million passengers.

Fpo - Hong Kong flag carrier Cathay Pacific on Wednesday announced a HK$1.26 billion ($161 million) net loss for 2017, marking the first back-to-back annual loss in its 71-year history.

Hong Kong - Hong Kong flag carrier Cathay Pacific on Wednesday reported a massive net loss of HK$2.05 billion ($262.07 million) for the first half of the year as the airline struggled with intense competition from rivals.

Hong Kong - Two Hong Kong airlines said Friday that they received a warning from Taiwan about a possible bomb attack targeting a flight to the southern Chinese city.

Hong Kong - Hong Kong flag carrier Cathay Pacific said on Wednesday its net profit tripled last year, thanks to fuel cost savings and an increase in passengers.The airline said profit jumped to HK$2.62 billion ($338 million) from HK$862 million in 2012 as revenue ...