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.
Cathay Pacific continues to grow Hong Kong’s connections to the world. From summer 2018, the airline will launch pioneering non-stop routes linking Hong Kong with Brussels, Dublin and Copenhagen, further strengthening the airline’s network and providing new trade and tourism opportunities between Asia and Europe.
Cathay Pacific Group has signed a memorandum of understanding 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.
Cathay Pacific Group has reported a loss of HK$2,051 million for the first six months of 2017. This compares to a profit of HK$353 million for the same period in 2016 and a loss of HK$928 million in the second six months of 2016.
Cathay Pacific has appointed James Ginns as its new regional general manager, Europe. In this role, Ginns will be responsible for the airline’s strategic and business development in Europe.
Cathay Pacific has announced that it will be bolstering its frequency in the North West by offering daily flights between Manchester and Hong Kong as of December 2017. The extra services will operate on Sundays and Wednesdays.
Cathay Pacific Airways and the Lufthansa Group will offer their passengers selected flights under a new code-sharing deal. For Lufthansa Group customers, this will significantly improve the connections available from Hong Kong towards Australia and New Zealand.
In support of Cathay Pacific’s recent launch of Betsy Beer, the world’s first hand-crafted bottled beer specially brewed to be enjoyed at 35,000 feet, Swire Hotels and Swire Restaurants are collaborating with Hong Kong’s home carrier to deliver exceptional offers along with this innovative product.