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Senior Executives Resign From Cathay Pacific Amid Covid Battle

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. ....

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Senior execs resign from Cathay Pacific amid Covid battle

Senior execs resign from Cathay Pacific amid Covid battle
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Cathay Pacific Launches New Travel Lifestyle Brand

Cathay Pacific Launches New Travel Lifestyle Brand
destinasian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from destinasian.com Daily Mail and Mail on Sunday newspapers.

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Cathay Pacific to Go Carbon-Neutral by 2050

The airline is opting for a three-pronged approach that involves carbon offsetting, emission reductions, and the use of Sustainable Aviation Fuel. ....

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Cathay Pacific Posts $2.8 Billion Loss in Toughest Year Ever

Cathay Pacific Posts $2.8 Billion Loss in Toughest Year Ever
Bloomberg
3/10/2021
Cathay Pacific Airways Ltd. reported a net loss of HK$21.65 billion ($2.8 billion) for 2020, a period the carrier described 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 outlook isn’t much better, according to Chairman Patrick Healy, who said “it is by no means clear how the pandemic and its impact will develop.” Hong Kong has largely closed its borders to non-residents and imposed 21-day mandatory hotel quarantine on those who return. Cathay expects to operate at well below 50% passenger capacity in 2021. ....

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