Cathay Pacific Airways Ltd (0293.HK)
22 Sep 2017
SINGAPORE Hong Kong airline Cathay Pacific Airways Ltd will defer deliveries of five Airbus SE widebody aircraft by a year and switch six others to a smaller model as it finalised an order for 32 narrowbody aircraft, it said on Wednesday.
* Aircraft basic price of Airbus aircraft is approximately US$4,064 million
HONG KONG Hong Kong Airlines, part-owned by Chinese conglomerate HNA Group, plans to target business travelers from small and medium sized companies as it launches new long haul routes to North America and Europe, its vice chairman said on Wednesday.
NEW DELHI, Aug 31 Hong Kong's Cathay Pacific Airways, under pressure from mainland Chinese carriers, plans to increase its passenger and cargo business in India where yields are holding up better than at home, a senior company executive told Reuters.
* Cargo nearly a quarter of Korean Air, Cathay Pacific revenue
HONG KONG Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers.
HONG KONG, Aug 21 Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers.
* Cathay sees smaller drop in ticket prices in second half of year
SHANGHAI/HONG KONG Hong Kong's Cathay Pacific Airways Ltd on Wednesday said it did not see operating conditions improving over the rest of 2017 after posting its worst first-half loss in at least two decades as it continued to lose customers to lower-cost rivals.
* Continues to lose customers to mainland Chinese competitors