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United States

Cathay Pacific Airways Ltd (0293.HK)

0293.HK on Hong Kong Stock

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9 Dec 2016
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Wed, Oct 12 2016

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Cathay Pacific warns of weak second-half, shares hit seven-year low

HONG KONG Shares of Cathay Pacific Airways Ltd fell 5.6 pct to their lowest in over seven years after the carrier warned of a weaker-than-expected second-half performance, as it conducts a review to cut costs amid deteriorating passenger business.

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)

BRIEF-Synchrony Financial and Cathay Pacific Airways to introduce credit card program

* Announced agreement with Cathay Pacific Airways to introduce a new co-branded visa credit program for u.s. Travelers

BRIEF-Aercap delivers second Airbus A350 XWB aircraft to Cathay Pacific

* Aercap delivers second Airbus A350 XWB aircraft to Cathay Pacific Airways Source text for Eikon: Further company coverage: (Bengaluru Newsroom : +1-646-223-8780)

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