Search results for “Cathay Pacific”
Cathay Pacific to cut capacity as demand for Hong Kong travel falls
11/25/2019|11:59:01 AM|
The airline said inbound traffic to Hong Kong in August had fallen by 38% and outbound traffic by 12% compared with the previous year.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Air China director: Cathay Pacific takeover ‘not on the agenda’
09/09/2019|9:39:31 PM|
Air China owns 29.99% of Cathay Pacific, the maximum a single party can own of a publicly listed company in Hong Kong, while Cathay Pacific owns 18.13% of Air China.
Airlines benefit from Hong Kong wage subsidy scheme
06/23/2020|11:47:02 AM|
The maximum monthly wage subsidy per employee is HK$9,000.
Cathay Pacific chairman resigns weeks after CEO steps down
09/05/2019|3:13:57 PM|
The airline’s chief executive officer quit weeks ago, and on Wednesday, chairman John Slosar announced his resignation.
Hong Kong will open to transit passengers as of June 1
05/27/2020|11:23:46 AM|
This should improve Cathay Pacific’s situation somewhat, but it’ll be quite a while before things return to normal.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020|11:38:09 PM|
The Hong Kong carrier said there will be another round of executive pay cuts and voluntary special leave scheme for employees; Ocean Park, Disneyland will reopen soon.
Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief
05/28/2020|12:30:53 AM|
Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.
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