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Travel News - Hong Kong plans to allow vaccinated travellers from Singapore as part of travel bubble

Hong Kong plans to allow vaccinated travellers from Singapore as part of travel bubble As part of a push to get more of its population vaccinated, Hong Kong is planning to only allow those who’ve had Covid-19 shots to fly from the city to Singapore once both governments finalise a travel bubble, reports Bloomberg. “The basis for discussion with Singapore is that people leaving Hong Kong and entering Singapore need to be vaccinated,” Chief Executive Carrie Lam said at a briefing late Monday, when outlining a plan to give people more leeway with social-distancing rules if they get inoculated. “We want to provide incentives to encourage Hong Kong citizens to get vaccinated,” she said.

Hong Kong airline Cathay Pacific posts record annual loss

Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it was focused on preserving cash after it posted a record annual loss of 21.65 billion Hong Kong dollars ($2.79bn), caused by a travel downturn, restructuring costs and fleet reductions. It described 2020 as “the most challenging 12 months of its more than 70-year history” as the coronavirus pandemic brought unprecedented disruption to global air travel. The 2020 loss compared with 2019 profit of 1.69 billion Hong Kong dollars ($218m) and was worse than an average forecast for a net loss of 19.9 billion Hong Kong dollars ($2.56bn) by 13 analysts, according to data provider Refinitiv. “Market conditions remain challenging and dynamic,” Cathay Pacific Chairman Patrick Healy said in a statement. “All our cash preservation measures will continue unabated. Executive pay cuts will remain in place throughout 2021.”

Cathay Pacific posts record annual loss of $2 8-billion, focuses on preserving cash

Cathay Pacific posts record annual loss of $2.8-billion, focuses on preserving cash Jamie Freed Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ANTHONY WALLACE/AFP/Getty Images Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it was focused on preserving cash after it posted a record annual loss of HK$21.65 billion ($2.79 billion), caused by a travel downturn, restructuring costs and fleet writedowns. The 2020 loss compared with 2019 profit of HK$1.69 billion and was worse than an average forecast for a net loss of HK$19.9 billion by 13 analysts, according to Refinitiv.

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