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Cathay Pacific Airways Ltd (0293.HK)

0293.HK on Hong Kong Stock

26 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Cathay Pacific Airways Ltd declares second interim dividend
Wednesday, 18 Mar 2015 12:01am EDT 

Cathay Pacific Airways Ltd:Declared second interim dividend of HK$0.26 per share for year ended Dec. 31.Together with first interim dividend of HK$0.10 per share paid on Oct. 26, 2014, this makes a total dividend for year of HK$0.36 per share.Second interim dividend will be paid on May 7, to shareholders registered at close of business on record date, being April 10.Shares of the company will be traded ex-dividend as from April 8.  Full Article

BMW, Bosch join Deutsche Bahn in airline cartel damages claim against Cathay Pacific Airways Ltd and others - Reuters
Saturday, 31 Jan 2015 10:34am EST 

Cathay Pacific Airways Ltd:BMW and Bosch said on Jan. 31 they would join Deutsche Bahn in two claims for about 2.1 bln euros ($2.4 bln) in damages from air freight carriers who were involved in a cartel - Reuters.The air cargo cartel, which included Lufthansa and British Airways, was first discovered seven years ago and triggered fines in the European Union and in the United States.Confirming a report in German magazine WirtschaftsWoche, spokespeople for BMW and Bosch said the companies had joined the lawsuits, announced by Deutsche Bahn in December.The magazine also reported that Continental, Kuehne + Nagel and Panalpina were seeking damages from the cartel members.Deutsche Bahn says its freight business Schenker was overcharged for air cargo services for more than six years as carriers colluded in setting fuel and security surcharges.The firm is seeking 1.2 bln euros in damages plus 560 mln euros in interest in a suit filed with a court in Cologne, plus another $370 mln in the United States.The airlines it is suing in Germany are Lufthansa, Air Canada, British Airways, Cargolux, Cathay Pacific, Japan Airlines, LAN, Qantas, SAS and Singapore Airlines.In the United States, it is seeking damages from Air France, All Nippon Airways, Cargolux, KLM, Martinair, Qantas and SAS.  Full Article

UPDATE 1-Cathay Pacific's H1 profit plunges on China slowdown, shares slide

* H2 outlook remains challenging - Chairman (Adds details of results, chairman's comments)