Zacks
Sabre (SABR) Extends Distribution Deal With Cathay Pacific
Per Sabre's (SABR) latest agreement with Cathay Pacific Airways, the airline leverages Sabre's Beyond NDC solution contents to enhance retailing capabilities and offer personalized solutions.
Reuters
Cathay Pacific bringing back more planes to restore Hong Kong hub
Cathay Pacific Airways, battered by strict quarantine rules that have led to a 98% fall in passenger numbers, is preparing to bring back more planes to rebuild Hong Kong's hub status as restrictions ease, the airline's chief executive said. "We have about one-third of our passenger fleet still parked in the desert, not being utilised," Cathay Chief Executive Augustus Tang told Reuters on the sidelines of an airline industry gathering in Doha. Rival Singapore Airlines has seen a surge in demand since Singapore's quarantine rules eased.
Bloomberg
Cathay on Hiring Push as Hong Kong Still Wrestles With Covid
(Bloomberg) -- Cathay Pacific Airways Ltd. is planning to recruit 4,000 staff between now and the end of 2023 to replenish its severely depleted workforce and gear up for an anticipated recovery in air travel as Hong Kong rebuilds itself as an aviation hub, according to Chief Executive Officer Augustus Tang.Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks Jump as Powell Soothes Wall Street’s Nerves: Markets WrapFed Hikes 75 Basis Points; Powell Says

Can stablecoins keep dollar peg after terra debacle?

CATHAY PAC. AIRW. (CTY.MU)