United States

Jamie Freed

Cathay Pacific's permanent pilot pay cuts 'draconian' and 'short-sighted': union

1:28am EDT

SYDNEY Hong Kong's Cathay Pacific Airways Ltd's decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday.

FOCUS-Chinese low-cost carrier Spring soars amid COVID downturn

Oct 22 2020

* Domestic share doubled as it redirects capacity from intl mkts

Chinese low-cost carrier Spring soars amid COVID downturn

Oct 22 2020

BEIJING Chinese budget carrier Spring Airlines is leveraging its low-cost position to attract customers with cheap fares as the country's domestic aviation market recovers, pursuing an aggressive expansion strategy that could soon turn profitable.

Qantas says Australia virus travel curbs cost it $71 million in quarterly profit

Oct 22 2020

SYDNEY Qantas Airways Ltd said on Friday that Australian state border closures due to the coronavirus pandemic had cost it A$100 million ($71 million) in earnings in the first quarter and would have a negative impact in the second quarter as well.

Cathay Pacific to slash workforce, end Cathay Dragon brand due to pandemic

Oct 21 2020

SYDNEY Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic. | Video

New Virgin Australia strategy spells end of business travel arms race

Oct 19 2020

SYDNEY Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under new chief executive Jayne Hrdlicka, prompting a wider industry shake-up as the country's airlines reawaken from the coronavirus crisis.

Virgin Australia picks new CEO with budget ties as Bain pushes 'hybrid' strategy

Oct 14 2020

SYDNEY Virgin Australia Holdings Ltd CEO Paul Scurrah will be replaced within weeks by Jayne Hrdlicka, the former head of Qantas' budget offshoot Jetstar, as new owner Bain looks to draw in more travellers with a "hybrid" strategy.

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