Cathay Financial News

24.09 / 05:19

UPS Platform Fighting Airlines Cathay social Videos Airline bans couple after reclined seat spat turns into harassment, slurs

A Hong Kong-based airline has banned two passengers from ever flying with them again, after a fight broke out over a reclined seat and descended into xenophobic insults and harassment.

19.09 / 11:27

Provident FIVE Airlines Cathay reports recommendations Investigations Faulty component could have caused "extensive damage" to Cathay Pacific jet, report finds

Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft

06.09 / 10:16

markets Provident economy Cathay show country reports European shares slide ahead of US payrolls report

shares slipped for a fifth straight session on Friday as caution prevailed ahead of the crucial U.S. jobs data, the last such labour market report before the Federal Reserve's monetary policy decision on Sept. 18. The pan-European STOXX 600 index fell 0.4% by 0711 GMT. The index has dropped 3% so far this week, set to snap its four-week winning streak.

03.09 / 18:55

UPS Airlines security BBC Cathay reports Investigations Engine troubles for airline Cathay Pacific forces the cancellation of dozens of flights this week

Cathay Pacific has canceled nearly 70 flights since Monday after an engine issue forced a flight heading to Zurich to turn back around to Hong Kong, according to the BBC

03.09 / 13:22

Reuters Fox Airlines Cathay performer track information Cathay Pacific grounds planes after finding 15 with faulty parts

Passenger planes come into contact at New Chitose Airport during wintry weather conditions. (Credit: Reuters)

03.09 / 03:08

UPS Aviat Manufacturing Airlines Cathay wellness Cathay inspects A350 fleet after engine component failure

Cathay Pacific has temporarily grounded its fleet of A350 aircraft for inspections after a «first of its type» engine component failure forced a flight to Zurich to turn back on Monday. Cathay is conducting fleet-wide inspection of its 48 Airbus A350 aircraft and «a number of aircraft will be out of service for several days», the airline said in a statement Monday night. The airline has cancelled 24 return flights operating up until the end of Tuesday, it added.

01.04 / 19:09

Aviat security Boeing SPY Cathay Trade performer Air Canada’s Hong Kong jet maintenance deal amid China discord raises security concerns

Air Canada has awarded a Hong Kong company a major contract to perform heavy maintenance on 56 of its wide-body jets, sparking concerns about Chinese spies bugging the planes and aircraft becoming trapped in China if a military conflict erupts with Taiwan.

22.01 / 08:16

markets FIVE Cathay Photos performer Videos International Cathay International Chinese New Year Night Parade Returns to Hong Kong After Five Years

https://www.discoverhongkong.com/eng/what-s-new/events/chinese-new-year/night-parade.html. After the parade, the floats will be stationed at The Urban Council Centenary Garden, in Tsim Sha Tsui, for public exhibition from 11 to 25 February.

16.01 / 19:23

Citi FIVE Airlines Parke Cathay Department Investigations Korean Air plane bumps another aircraft when towing tractor slips at a Japanese airport

A Japanese fire department says a Korean Air plane carrying 289 people hit a parked Cathay Pacific aircraft while being pushed by a vehicle from a parking spot at northern Japan’s New Chitose Airport

16.01 / 15:27

FIVE Cooper Airlines Parke Cathay reports Traffic Cathay Pacific plane 'struck' by Korean Air aircraft at Japan airport, no injuries

Cathay Pacific plane while taxiing at a Japanese airport on Tuesday, with both airlines saying there were no injuries. The incident comes two weeks after a near-catastrophic collision at Tokyo's Haneda Airport when a Japan Airlines plane collided as it landed with a smaller coast guard plane. Cathay Pacific said the accident on Tuesday took place while its aircraft was parked at New Chitose Airport serving Sapporo on the northern island of Hokkaido.

09.01 / 04:58

UPS Citi Airlines Cathay pandemic show travelers Cathay Pacific needs to address capacity issues, Hong Kong leader says

HONG KONG (Reuters) — Plans by Hong Kong's Cathay Pacific Airways (OTC:CPCAY) to slash flights during the busy Lunar New Year period show the airline needs to address its capacity problems, the city's leader said, while its pilot union called for a government enquiry.

29.09 / 11:01

Airlines Cathay Cathay Pacific buys 32 Airbus A321-200neo aircraft for $4.66 billion

(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion.

13.09 / 03:49

UPS Airlines Southern Cathay Hudson love stage National Qantas should start acting like a national carrier: SA premier

South Australian Premier Peter Malinauskas says it is a “disappointing state of play” that Qantas has not operated international flights out of Adelaide for 10 years, and to uphold its status as a national carrier it should reinstate them.

01.09 / 01:17

Citi Citizens Progressive Waters Airlines Cathay businesses Schools Super Typhoon Saola: Hong Kong comes to a standstill; businesses, schools, stock exchange shut

Super Typhoon Saola is poised to strike Hong Kong with its formidable force, as authorities have elevated the strong wind signal to No.8, prompting the closure of schools, businesses, and even the stock exchange. This impending natural juggernaut, boasting wind speeds exceeding 200 kmph, is predicted to chart a course towards eastern Guangdong, the adjacent Chinese mainland province. The impending typhoon has triggered the issuance of the highest typhoon alert by Chinese authorities, marking the potential for one of the most potent typhoons to hit Guangdong since 1949.

29.08 / 18:55

Target Manufacturing Airlines Apple Southern Cathay Cathay Pacific cargo eyes Apple, Foxconn

NEW DELHI : Cathay Pacific Airways Ltd is targeting air freight contracts from large multinationals such as Apple Inc. and Foxconn that are expanding manufacturing in India, a top official at the Hong Kong-based airline said. “We are already significant carriers for these companies through their forwarders out of the southern part of China.

25.08 / 11:25

Platform Cathay surges Customer Affirm surges amid growth in customer transaction volumes

Investing.com -- Shares in Affirm (NASDAQ:AFRM) soared in premarket trading on Friday after the buy-now-pay-later business posted a jump in transactions on its platforms that beat analysts' estimates.

18.08 / 14:23

COST Reuters Airlines Cathay Air travel boom creates crosswinds for air cargo

By Tim Hepher, Lisa Baertlein, Allison Lampert and Valerie Insinna

10.08 / 12:45

UPS Provident Airlines Cathay cover Cathay announces plans to buy 32 new single-aisle Airbus aircraft

(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) on Thursday said it intends to purchase up to 32 Airbus A321neo and A320neo aircraft to invest and upgrade its fleet, bringing the carrier's new aircraft deliveries to up to more than 70.

09.08 / 05:53

UPS Airlines Patrick Cathay Cathay Pacific posts best H1 profit since 2010, to repay govt aid package

By Clare Jim

23.07 / 20:21

FIVE Aviat Airlines Strategy Boeing Cathay electronic Air India eyes 20% share in air cargo biz in 2-3 years

NEW DELHI : Air India plans to bolster its presence in the air cargo segment, with a target of securing a 20% market share over the next 2-3 years by utilizing the airline’s incoming fleet of wide-body aircraft that will double its capacity in the near- to medium-term, two people familiar with the development said. As part of its strategy, the airline plans to engage with companies in the telecom, electronics, and pharmaceutical industries that are key users of airlines to ferry products. The airline is also working on sector-specific packages and looking at long-term arrangements with large companies.

02.06 / 12:49

Blockchain Provident Platform Cathay Local Hong Kong Firms Raise Funds for NGOs Through NFTs

Three local Hong Kong companies are raising funds for non-governmental organisations (NGOs) through non-fungible tokens (NFTs) to support green initiatives and sustainability.

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