airline industry, cathay pacific, hong kong, pandemic, record loss

Cathay Pacific Posts Record Loss

Cathay Pacific Airways Ltd. exited 2020 with a record annual loss of US$2.8 billion, as the Hong Kong flagship carrier suffered due to a sharp downturn in travel along with major restructuring costs.  Cathay Pacific Chairman Patrick Healy described 2020 as “the most challenging 12 months of its more than 70-year history” as passenger revenues ...

David Clapp

Cathay Pacific aircraft tails.

Cathay Pacific Captain Cheers the People of Hong Kong

As anti-extradition protests continue in Hong Kong, demonstrators held a “fly with you” gathering on July 26 at the Hong Kong International Airport in Chek Lap Kok. Before touching down, the captain of one incoming flight offered words of encouragement to the people of Hong Kong. The captain of Cathay Pacific flight CX505, flying from ...

Max Lu

A Cathay Pacific jet coming in for a landing.