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Cathay Pacific Airways Ltd (0293.HK)

0293.HK on Hong Kong Stock

17 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Cathay Pacific Airways Ltd- EU court backs Air France KLM SA, other airlines in cartel challenge - Reuters
Wednesday, 16 Dec 2015 03:00am EST 

Cathay Pacific Airways Ltd:Europe's second highest court backed on Wednesday a challenge by Air France-KLM AIRF.PA and other airlines against a near 800 million-euro ($873.9 million) cartel fine handed down to the group five years ago for fixing prices of air cargo - RTRS."The General Court annulled the decision by which the Commission imposed fines amounting to approximately 790 million euros on several airlines for their participation in a cartel on the air freight market," the General Court said in its ruling. - RTRS.The European Commission in its 2010 decision said that 11 air cargo carriers fixed surcharges for fuel and security from December 1999 to February 2006. - RTRS.The other carriers were Air Canada, KLM, Martinair, British Airways, Cargolux, Cathay Pacific Airways, Japan Airlines, LAN Chile, Qantas, SAS and Singapore Airlines - RTRS.Lufthansa LHAG.DE escaped a sanction because it blew the whistle on the cartel. - RTRS.Air France took the biggest hit with a fine of 182.9 milion euros while KLM came in second at 127.2 million euros. The two carriers merged to form Air France-KLM in 2004 - RTRS.  Full Article

Cathay Pacific Airways Ltd declares first interim dividend
Wednesday, 2 Sep 2015 04:33am EDT 

Cathay Pacific Airways Ltd:Declares a first interim dividend of HK$0.26 per share (2014: HK$0.10 per share) in the first half of 2015.Payable on Oct. 5 to shareholders registered at the close of business on the record date Sept. 11.  Full Article

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

More From Around the Web

BRIEF-Cathay Pacific and Synchrony Financial launch visa credit card with rewards for U.S. travelers

* Cathay Pacific and Synchrony Financial launch co-branded visa credit card with exclusive rewards for U.S. travelers Source text for Eikon: Further company coverage: