Cathay Pacific Airways Ltd (0293.HK)
25 May 2018
SINGAPORE, May 24 Hong Kong's Cathay Pacific Airways has made the biggest overhaul to its loyalty programme in a decade, with airfares paid now playing a larger part in determining customer rewards, the head of the business said on Thursday.
A federal judge in California on Wednesday gave preliminary approval to a Hong Kong airline's $1.9 million settlement to resolve a class action accusing it of state labor law violations stemming from a decade of erroneous payroll deductions.
CARDIFF, Wales Qatar Airways would back partially-owned IAG if the British Airways-owner decides to proceed with a takeover of Norwegian Air Shuttle , Qatar's CEO said, while declining to give further details of his plans to set up a new airline.
CARDIFF, Wales, May 2 Qatar Airways would back partially-owned IAG if the British Airways-owner decides to proceed with a takeover of Norwegian Air Shuttle , Qatar's CEO said, while declining to give further details of his plans to set up a new airline.
ANTALYA, Turkey Qatar Airways made a "substantial" loss in its last financial year because of a regional dispute that has banned the airline from four Arab countries, its chief executive said on Wednesday without revealing the extent of the losses.
SINGAPORE Hong Kong's Cathay Pacific Airways Ltd expects its core airline business, which has been operating at a loss, to swing into the black next year as a turnaround plan bears fruit, the carrier's chief executive said on Wednesday.
SHANGHAI, March 27 Air China Ltd on Tuesday posted its strongest profit since 2011, albeit missing analyst forecasts, as a buoyant cargo market and strengthening yuan helped boost earnings.
SINGAPORE Cathay Pacific Airways expects airfares will recover further this year after four years of declines, a senior executive said, offering a positive outlook for the Hong Kong airline that sent its shares 7.6 percent higher on Thursday.
* Shares jump as much as 7.6 pct to two-and-a-half-year high (Recasts with executives' comments)
HONG KONG, March 15 Shares of Cathay Pacific Airways Ltd climbed 3.5 percent in Hong Kong on Thursday, after posting a smaller than expected annual loss for 2017.