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Cathay Pacific has apologized for embarrassing a customer whose anguish after missing her flight was captured on video by an airline employee and posted on the Internet.
Shares in Cathay Pacific Airways Ltd. fell sharply Thursday after Asia's third-largest carrier said it could lose nearly $1 billion from hedging its jet fuel costs, adding to the toll on global airlines from bad bets on oil prices.
Cathay Pacific Airways Ltd., Asia's third-largest carrier, said Thursday that its monthly passenger and cargo traffic slid in November amid the global economic downturn.
Cathay Pacific Airways Ltd. said Friday it will park two freighters, offer unpaid leave to employees and may delay construction on a cargo terminal to cut costs amid the global economic downturn.
Shares in Cathay Pacific Airways Ltd. plummeted Thursday after Asia's third-largest carrier warned that full-year profit would be "disappointing" due to slumping revenue and losses from hedging its jet fuel costs.
Cathay Pacific Airways might cut routes to help cope with surging fuel prices, its chief executive said.
There is so much to take into account when we use an airline, especially when funds are low and we want the best deal. Often it is difficult to choose between airlines because their basic concern is about money and so passengers are shoved in like sardines.
Pilot sacked after fly-by stuntA British pilot has been sacked after performing a low-flying stunt with a brand new Boeing 777. Captain Ian Wilkinson flew the Cathay Pacific plane within 28 feet of the ground with its undercarriage raised, at Boeing's Seattle airfield.
Cathay Pacific 777 pilot sacked for 'fly-by' at 28 feetConsidering the worldwide pilot shortage, this is a bit unfortunate, however this stunt was made without consent from ground authorities and whilst in reality it is not as dangerous as many people think, the pilot had to go.
Jumbo Jet Boeing 747 Fuselage Up For SaleFancy your own jumbo jet? Well, part of a 747 has been put up for sale on eBay. The 40ft-long fuselage has been placed on the internet auction site by a design company, which used the mock-up aircraft to create a new line of interiors for airline Cathay Pacific.
The battle for mile-high luxury takes off - the aircraft interior dogfighta new generation of aircaft interiors is about to be launched with the Singapore Airlines fitout of the A380 marking a milestone in air travel. It is a tug of war between weight and luxury and the mathematics are as complex as anything.
Airline shares hit as bid shunned Shares in Cathay Pacific and Air China have fallen sharply after both airlines said they were not planning to bid for a stake in China Eastern Airlines. By midday in Hong Kong, Cathay stocks had fallen 6% while Air China lost 13%.
Boeing and Cathay Pacific announce 747-400ER Freighter orderCathay Pacific is one of the most well run airlines in the world and its cargo division is certainly acknowledged as an exceptionally capable outfit, with a strong prescence in the Asian logistics sector. Six more 747-400s will greatly expand its lifting ability.
Cathay orders Boeing freightersSome people just can't wait for the 747-8 Freighter...so the current generation has to suffice.
Cathay Pacific stripping paint from Boeing 747 freighters to cut costsIn this era of high fuel prices every little bit of weight saved counts, and it is amazing to think that 200 kgs of paint removed from a 747 sized plane can save around USD 200,000 in fuel costs per annum.
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