Senior Executives Resign From Cathay Pacific Amid Covid Battle
Shirley Zhao, Bloomberg News The Cathay Pacific Airways Ltd. logo is displayed on a building at Cathay Pacific City, the company s headquarters, in Hong Kong, China, on Wednesday, Oct. 21, 2020. Hong Kongâs Cathay Pacific will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virusâs resurgence in the U.S. and Europe and the lack of a vaccine underscore the ongoing uncertainty in global aviation. Photographer: Roy Liu/Bloomberg , Bloomberg
(Bloomberg) Two senior executives at Cathay Pacific Airways Ltd. have resigned, as the Hong Kong-based carrier continues to battle its way through the coronavirus pandemic with severely reduced flight capacity.
The “Queen of the Skies,” which will soon retire from the airline’s passenger fleet, has played a pivotal role in transforming Cathay Pacific and developing Hong Kong as an international aviation hub.
As Cathay Pacific Airways prepares to bid farewell to its iconic Boeing 747, which will be retired from the passenger fleet after it performs its final operation, a return journey from Hong Kong to Haneda Airport in Tokyo on 30 September and 1 October, the airline’s staff have been recalling their fond memories of the aircraft that played a crucial role in transforming the carrier from a primarily regional operator into the truly global airline it is today.
Singapore Airlines aims for regional dominance as rivals pull back Toggle share menu
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Singapore Airlines aims for regional dominance as rivals pull back
A Singapore Airlines Airbus A330-300 plane takes off behind a Boeing 787-10 Dreamliner at Changi Airport on Mar 28, 2018. (File photo: Reuters/Edgar Su)
08 Jul 2021 12:17PM Share this content
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Singapore Airlines (SIA), flush with US$16 billion (S$21.6 billion) raised since the start of the COVID-19 pandemic thanks to help from Temasek Holdings, is in a position of dominance among its Southeast Asian rivals as they downsize and restructure.
The crisis threatened the survival of hub carriers that lack domestic markets such as SIA, Hong Kong s Cathay Pacific Airways and Dubai s Emirates. Indeed, Prime Minister Lee Hsien Loong last year said the government would spare no effort to ensure SIA made it through the pandemic.
Singapore Airlines, which is rich in money, wants to gain regional dominance as its opponents are pushed back by Reuters
Made by Jamie Freed
(Reuters) – Singapore Airlines (OTC Ltd (SIA) has raised $ 16 billion since the start of the pandemic with the help of a state-owned investor that is in a dominant position among Southeast Asian rivals as its size is reduced and restructured. .
The crisis threatened the survival of hub carriers in non-domestic markets, such as SIA, Hong Kong’s Cathay Pacific Airways (OTC Ltd and Dubai Emirates. In particular, Singapore’s Prime Minister Lee Hsien Loong said last year that the government “will make no effort” to get the SIA through the pandemic.
HONG KONG – Cathay Pacific Airways confirms that passengers who were onboard Flight CX884 from Hong Kong to Los Angeles on 29 July, which made a precautionary diversion to Shemya military airport in t
HONG KONG – Cathay Pacific Airways confirms that passengers who were onboard Flight CX884 from Hong Kong to Los Angeles on 29 July, which made a precautionary diversion to Shemya military airport in the Aleutians Island near Alaska, have arrived at their intended destination.
The aircraft operating CX884, a Boeing 777-300ER, was declared serviceable after the technical issue that resulted in smoke being detected in the cockpit area of the aircraft was addressed. The flight departed from Shemya with all 276 passengers and 18 crew, arriving in Anchorage at 14:11 local time on 29 July.