Cathay Pacific

Airlines have enjoyed strong demand for the past two years. But with more capacity entering the market, yields are coming under pressure.

While profitability will still be strong for Asia-Pacific airlines in 2024, many carriers will see a step down from the spectacular results in 2023.

While overall passenger aircraft recovery in the region is nearly complete, not all operators are equal; each has very different recovery stories.

Among Japan Airlines, Cathay Pacific, Qantas, and AirAsia, some groups show improvement, while others stagnate or fluctuate.

The carrier expects to confirm deals by the third quarter as order activity in Asia heats up.

The airline is also introducing a plan to stimulate sustainable aviation fuel (SAF) use through staff travel.

As Cathay Pacific updated on its capacity recovery, COO Alex McGowan commented on its campaign to place an order for mid-size widebody aircraft

Four destinations and five airlines are among the finalists at the Routes Asia 2024 Awards, which celebrate excellence in airport and destination marketing.

All the important data related to the airline in recent years.

Cathay Pacific achieved its goal of restoring 70% of its 2019 capacity by the end of 2023, and is now looking to hit 80% in the first half of the year.

Airlines including Cebu Pacific, Malaysia Airlines, Thai Airways and Cathay Pacific are planning to place major orders.

Most Asian air travel demand should catch up this year, but China is still lagging.

Cathay Pacific is axing on average 12 flights daily for the rest of January and February to avoid cancellations during the busy Chinese New Year period.

The latest airline route news, featuring network changes, schedule alterations, codeshares and interline agreements.

Cathay Pacific has taken another significant step in its fleet-renewal efforts with an order for six Airbus A350F freighters.

Cathay Pacific has fulfilled its goal of buying back half of the airline’s shares held by the Hong Kong government.

Cathay Pacific is very confident it will achieve its target of operating 70% of its pre-pandemic capacity by the end of this year.

Cathay Pacific and Malaysia Airlines' plan to operate on a metal-neutral basis between Hong Kong and Malaysia has been dropped amid regulatory scrutiny.

A deal for more Airbus A320neos shows Cathay is looking to expand beyond recovery.

Cathay has exercised purchase rights for 32 more Airbus A320neo-family aircraft.

A filing from Cathay Pacific said the group will convert purchase rights for 32 Airbus A320neos or A321neos into firm orders by the end of September.

Cathay saw a meaningful jump in figures after aligning with the reopening of China in January 2023.

Cathay Pacific expects a return to profitability in the current half-year period, boosted by steady recovery in cashflow and network capacity.

The flag-carrier also wants to pay all future preference shares dividends as they fall due and to redeem the preference shares in due course.

The airline is meeting its capacity rebound goals as it plans new aircraft orders.