The Hong Kong flag-carrier purchased the airline from China-based HNA Group as the latter continues to sell assets to battle a debt crisis. Cathay said it would continue to operate Hong Kong Express as a separate brand, based on a low-cost airline model.
The Hong Kong-based carrier earned a HK$2.35 billion ($300 million) profit for the year ended December 31st, as it benefited from rising airfares and a turnaround plan designed to lower costs and boost revenue
Cathay Pacific Airways has become the second airline to operate the A350-1000, the world’s newest long range widebody airliner. The airline took delivery of the aircraft at a special event in Toulouse, France.
Cathay Pacific and Air Astana have announced an agreement that will enhance travel options for customers travelling to and from Kazakhstan.
Cathay Pacific has unveiled The Deck, the airline’s newest lounge at Hong Kong International Airport. The venue is distinct from Cathay Pacific’s other lounges at its home in Hong Kong for the fact that it sits on a balcony on the eastern side of the terminal building.
Marking three years since its inaugural flight from Manchester to Hong Kong in December 2014, Cathay Pacific is this week boosting its direct flights into a daily service.
Cathay Pacific has launched self-check in and bag drop kiosks at London Gatwick Airport South Terminal. The automation provides a seamless, stress-free and fast check-in experience, enabling its customers to have more time to relax before their flights.
Qatar Airways has entered into an agreement to purchase an amount of 378,188,000 shares of Cathay Pacific Airways, being approximately 9.61 per cent of the total issued share capital.
Cathay Pacific Airways has finalised an order with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the group, on services linking its Hong Kong home base with destinations across Asia.