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Travel, Tourism & Hospitality Cathay Pacific enables payment with Asia Miles


March 2021
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Cathay Pacific is launching Miles Plus Cash, a brand new payment option that gives customers the flexibility to pay using a mix of Asia Miles and cash when booking seats on the airline’s website.
Starting March, customers will not only be able to purchase tickets using Miles, but also earn further miles and club points on their tickets.
With Miles Plus Cash, customers can book any available seat option on any flight – including on partner airlines – with the benefit of instant confirmation. This means a whole lot more choice is now on offer with more access to seat availability, with just a minimum of 5,000 miles required. ....

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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
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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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United Nations gets airlines to deliver Covid-19 vaccines as a priority


UNICEF said more than 15 airlines have signed agreements to support the priority delivery of pandemic-related materials.
Delivery of these life-saving vaccines is a monumental and complex undertaking, considering the sheer volumes that need to be transported, the cold chain requirements, the number of expected deliveries and the diversity of routes, said Etleva Kadilli, director of UNICEF s supply division.
UNICEF said its Humanitarian Airfreight Initiative brings together airlines covering routes to over 100 countries, in support of the UN s unprecedented COVAX program to buy and deliver coronavirus vaccines for hundreds of millions of the world s poorest people.
Based on COVAX s initial first round allocation plan, UNICEF said 145 countries will receive doses to immunise around 3 per cent of their populations, on average, starting in the first half of 2021, subject to all requirements being met and final allocation plans. ....

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