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Cathay Pacific Airways : Releases Traffic Figures For August 2021

Cathay Pacific Airways : Releases Traffic Figures For August 2021
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Senior execs resign from Cathay Pacific amid Covid battle

Senior execs resign from Cathay Pacific amid Covid battle
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Cathay Pacific forecasts reduced monthly cash burn in second half

Cathay Pacific forecasts reduced monthly cash burn in second half Share Cathay Pacific expects to reduce its cash burn to less than HK$1 billion (AU$169 million) a month in the second half of the year, its chief financial officer said. The airline had been burning up to HK$1.9 billion (AU$322 million) of cash per month in the first half due to crew quarantine restrictions but that will fall in the second half as rules are eased for vaccinated crew and capacity rises, Chief Financial Officer Rebecca Sharpe said at an analyst briefing on Friday. A webcast of the invitation-only briefing was made public on Saturday evening.

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Cathay Pacific forecasts reduced monthly cash burn in H2

Check out what s clicking on FoxBusiness.com. Hong Kong s Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said. The airline had been burning up to HK$1.9 billion of cash per month in the first half due to crew quarantine restrictions but that will fall in the second half as rules are eased for vaccinated crew and capacity rises, Chief Financial Officer Rebecca Sharpe said at an analyst briefing on Friday. A webcast of the invitation-only briefing was made public on Saturday evening.

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Cathay Pacific to Reduce Monthly Cash Burn in H2

Cathay Pacific to Reduce Monthly Cash Burn in H2
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United statesHong kongUnited kingdomRonald lamRebecca sharpeSingapore airlines ltdHk express ink service contractCathay pacific airwaysHong kong cathay pacific airways ltdCathay pacific airways ltdChief financial officer rebecca sharpePacific airwaysInk service contractCathay chief customerCommercial officer ronald lamஒன்றுபட்டது மாநிலங்களில்