|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||0.000 - 0.000|
|PE ratio (TTM)||N/A|
|Earnings date||8 Aug 2018|
|Forward dividend & yield||0.05 (0.37%)|
|1y target est||14.78|
* Swire offers 64 pct premium to take HAECO private * HAECO shares hit near 3-yr high * HAECO serves Cathay Pacific and other airlines (Adds stock price) HONG KONG, June 11 (Reuters) - Cathay Pacific Airways ...
Promises by the global airline industry to do more to promote gender equality veered off course when one of its top executives suggested his CEO role was too difficult for a woman. The issue of gender imbalance in aviation was a hot topic among over 200 airlines represented at the annual meeting of the International Air Transport Association (IATA) in Sydney, with the predominantly male gathering agreeing more had to be done. Asked about the issue among Middle East airlines in particular, and why his job as head of his country's flag carrier couldn't be done by a woman, outspoken Qatar Airways Chief Executive, Akbar al Baker, gave a typically provocative answer.
Qatar Airways could face a second straight year of losses in 2018 amid a regional dispute that has banned the airline from four Arab countries, the airline's CEO said on Tuesday. Qatar Airways has been blocked from flying to 18 cities in Saudi Arabia, the United Arab Emirates, Bahrain and Egypt since June 2017 when those countries cut ties with Qatar, accusing it of supporting terrorism. The carrier made a "substantial loss" in 2017, CEO Akbar al-Baker said in April, without disclosing the figure.
Rupert Hogg, chief executive officer at Cathay Pacific, discusses how trade tensions between the U.S. and China impact his business, the recovery in cargo among carriers, their turnaround plan, his outlook ...
SYDNEY (Reuters) - Global airlines issued a warning on Sunday over growing international trade tensions, saying they could damage the airline industry and the world economy. Alexandre de Juniac, director ...
Shark fins from endangered species including the giant, placid whale shark were found in a Singapore Airlines shipment to Hong Kong in May, highlighting the widespread challenges the Chinese territory faces in regulating the trade. The 980 kgs (2,150 pounds) shipment of assorted fins came from Colombo, Sri Lanka via Singapore. Singapore Airlines, which bans shark fin cargo, said in an emailed statement on Wednesday that the shipment had been labelled as "Dry Seafood".
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. The move comes as Cathay is looking to increase revenue and cut costs as part of a three-year transformation programme designed to make it more efficient against aggressive competition from mainland Chinese rivals and Middle Eastern carriers. Since 2015, there has been a broader shift in the airline industry toward basing awards on customer spending rather than the traditional marker of the distance flown.
Singapore Airlines Ltd plans to absorb its underperforming regional arm SilkAir after 2020 when a programme to upgrade cabins at a cost of more than S$100 million ($74.5 million) gets underway. The move comes as Singapore Airlines undertakes a three-year transformation programme designed to cut costs and boost revenue amid competition from Chinese and Middle Eastern rivals and low-cost carriers. Singapore Airlines topped market expectations by reporting on Thursday a 148 percent rise in full-year net profit to the highest level since 2011, as passenger and cargo revenue rose and the transformation programme produced early results.
May 18 (Reuters) - Cathay Pacific Airways Ltd: * CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3 MILLION PASSENGERS IN APRIL, A DROP OF 0.8 PCT * IN APRIL PASSENGER LOAD FACTOR DECREASED 1.9 PERCENTAGE ...
C.H. Robinson (CHRW) buoys optimism with an inflated buyback program. The company boasts an impressive track record of consistent dividend payments for more than 25 years.
Southwest Airlines (LUV) April traffic declines due to low bookings following the fatal engine failure in the month. Load factor also contracts on capacity expansion and traffic decline.
United Continental's (UAL) arm United Airlines reports a decline in April load factor due to capacity expansion outgrowing traffic rise.
Hawaiian Holdings' (HA) arm Hawaiian Airlines reports a decrease in April load factor as capacity expansion outweighs traffic growth.
An Airbus A320 operated by Cathay Dragon, a unit of Cathay Pacific Airways, prepares to land at Hong Kong International Airport in August 2017. On ten of the 14 intra-Asia routes, Airbus aircraft have a bigger share than Boeing. In general, the busiest Asia routes have more traffic and more competition than the North American and European routes.
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. The improvement will be driven by a combination of stronger passenger and cargo markets, cost-cutting measures, a more fuel-efficient fleet, better fuel hedges and revenue gains from new long-haul routes, CEO Rupert Hogg told Reuters. Poor fuel hedging bets and fierce competition from mainland Chinese and Middle Eastern rivals has hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three-year turnaround programme.
April 19 (Reuters) - Cathay Pacific Airways Ltd: * MARCH PASSENGER LOAD FACTOR UP 2.4 PERCENT POINTS TO 85.2% FOR CATHAY PACIFIC AND CATHAY DRAGON * MARCH CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL ...
Cathay Pacific Airways (CPCAY) sees solid earnings estimate revisions and looks poised to shock the market, and yet seems overlooked by the investors.
Southwest Airlines (LUV) posts a rise in traffic for March on higher demand for air travel. Load factor increases owing to traffic expansion exceeding capacity growth.
* 2017 profit rises 6.3 percent year-on-year * Booked 2.94 billion yuan in foreign exchange gains * Operational costs rose, led by fuel costs (Updates with impact of Cathay Pacific losses on results, analyst ...
March 20 (Reuters) - Cathay Pacific Airways Ltd: * IN FEB CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 2,804,793 PASSENGERS * CATHAY PACIFIC AND CATHAY DRAGON FEB PASSENGER LOAD FACTOR INCREASED ...
Investing.com – Asian equities were mixed on Thursday. The U.S. retail sales figures that came weaker than expected and political concerns both weighed on regional equities earlier in the day, as U.S. president Donald Trump reportedly planned to impose fresh tariffs on China, intensifying concerns of a global trade war.
Investing.com – Asian equities fell in morning trade on Thursday as investors took their cues from overnight U.S. shares after retail sales figures came in weaker than expected. Prospects of trade war concerns also continued to weigh as U.S. president Donald Trump reportedly planned to impose fresh tariffs on China, intensifying concerns of a global trade war while traders await next week’s rate decision by the Federal Reserve.
Rupert Hogg’s efforts to contain Cathay Pacific Airways Ltd.’s costs and revive earnings are winning some analysts over.
Mar.14 -- Cathay Pacific CEO Rupert Hogg discusses the airlines earnings and performance. He speaks on "Bloomberg Daybreak: Asia."