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Cathay Pacific Airways Ltd (0293.HK)

0293.HK on Hong Kong Stock

11.86HKD
23 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Cathay Pacific Airways Updates On June Operational Figures
Thursday, 18 Jul 2019 

July 18 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::OUTLOOK FOR COMING MONTHS HAS NOT SEEN SIGNS OF VOLUME REBOUND.IN JUNE, CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3.1 MILLION PASSENGERS.CATHAY PACIFIC AND CATHAY DRAGON JUNE PASSENGER LOAD FACTOR INCREASED 1.4 PERCENTAGE POINTS TO 86.7%.CATHAY PACIFIC AIRWAYS - LONG-HAUL REGIONS SUCH AS NORTH AMERICA AND EUROPE PERFORMED BEHIND EXPECTATIONS IN JUNE, PARTICULARLY ON YIELD FRONT.JUNE CARGO AND MAIL LOAD FACTOR FELL BY 7.8 PERCENTAGE POINTS TO 62.8%.PRESSURE ON YIELD IN LONG-HAUL REGIONS EXPECTED TO CONTINUE IN COMING MONTHS.ON CARGO SIDE, OUTLOOK FOR COMING MONTHS HAS NOT SEEN SIGNS OF VOLUME REBOUND.  Full Article

Cathay Pacific Airways Sees Signs Of Slowdown In Passenger Revenue For Coming Few Months
Thursday, 20 Jun 2019 

June 20 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::CATHAY PACIFIC AND CATHAY DRAGON PASSENGER LOAD FACTOR INCREASED 0.9 PERCENTAGE POINTS TO 82.9% IN MAY .SAYS PASSENGER REVENUE OUTLOOK FOR COMING FEW MONTHS HAS SHOWN SIGNS OF SLOWDOWN.IN MAY CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3 MILLION PASSENGERS - AN INCREASE OF 4.7%.OVERALL YIELD HAS COME UNDER PRESSURE WITH DECLINING DEMAND IN MARKET, ESPECIALLY TO AND FROM LONG-HAUL DESTINATIONS.IN MAY, GROWTH IN TRAVEL VOLUME OUTPACED INCREASES TO CAPACITY, THOUGH YIELD REMAINED UNDER PRESSURE DUE TO INTENSE COMPETITION.  Full Article

Cathay Pacific Airways Responds To Report On Data Breach
Thursday, 6 Jun 2019 

June 6 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::NOTED PUBLICATION ON 6TH JUNE 2019 OF A REPORT BY HONG KONG PRIVACY COMMISSIONER.PUBLICATION BY HONG KONG PRIVACY COMMISSIONER WAS FOR PERSONAL DATA INTO DATA INCIDENT WHICH TOOK PLACE IN 2018.COMPANY IS CAREFULLY CONSIDERING REPORT.HAS ALREADY TAKEN MEASURES TO ENHANCE ITS IT SECURITY IN AREAS OF DATA GOVERNANCE, NETWORK SECURITY AND ACCESS CONTROL.  Full Article

Cathay Pacific Airways Announces Acquisition Of Hong Kong Express Airways For HK$4.93 Bln
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::ACQUISITION OF HONG KONG EXPRESS AIRWAYS LIMITED.DEAL FOR HK$4.93 BILLION.INTENDED TO CONTINUE TO OPERATE HKE AS A STANDALONE AIRLINE USING LOW-COST CARRIER BUSINESS MODEL.CO, HONG KONG EXPRESS HOLDING CO & HNA AVIATION GROUP ENTERED INTO A SHARE PURCHASE AGREEMENT.  Full Article

Cathay Pacific Airways Says Cathay Pacific & Cathay Dragon Carried Total Of 3.1 Mln Passengers In Dec, Up 1.8%
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::CATHAY PACIFIC & CATHAY DRAGON CARRIED A TOTAL OF 3.1 MILLION PASSENGERS IN DEC, UP 1.8% COMPARED TO DEC 2017.CATHAY PACIFIC AND CATHAY DRAGON PASSENGER LOAD FACTOR DECREASED 0.8 PERCENTAGE POINTS TO 83.8% IN DEC.FOR CATHAY PACIFIC AND CATHAY DRAGON IN 2018, NUMBER OF PASSENGERS CARRIED GREW BY 1.9% WHILE CAPACITY INCREASED BY 3.5%."UNCERTAINTY REMAINS IN COMING MONTHS REGARDING TRADE SITUATION BETWEEN CHINA AND UNITED STATES".CATHAY PACIFIC AIRWAYS - CATHAY PACIFIC AND CATHAY DRAGON CARRIED 182,863 TONNES OF CARGO AND MAIL IN DEC, DOWN 4.9%.CATHAY PACIFIC - BUSINESS CLASS DEMAND REMAINED STRONG DURING DECEMBER, WITH PREMIUM LEISURE TRAFFIC OVER HOLIDAY PERIOD BEING A KEY DRIVER.  Full Article

Cathay Pacific Airways Nov Passenger Load Factor Down 0.3 Pct Points
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 2.9 MILLION PASSENGERS IN NOVEMBER, AN INCREASE OF 1.4%.NOV PASSENGER LOAD FACTOR DECREASED 0.3 PERCENTAGE POINTS TO 83.3%.NOV CARGO AND MAIL LOAD FACTOR FELL BY 1.5 PERCENTAGE POINTS TO 70.1%."WE FACE A GREAT DEAL OF DEMAND UNCERTAINTY IN COMING MONTHS DUE TO GEOPOLITICAL FACTORS".CATHAY PACIFIC AND CATHAY DRAGON CARRIED 185,135 TONNES OF CARGO AND MAIL IN NOV, DOWN 1.3% TO SAME MONTH LAST YEAR."BUSINESS OUTLOOK FOR COMING CHRISTMAS HOLIDAY PEAK IS ALSO POSITIVE AT THIS STAGE".  Full Article

Cathay Pacific Airways Updates On August Traffic figures
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::CATHAY PACIFIC AND CATHAY DRAGON AUGUST PASSENGER LOAD FACTOR INCREASED 0.8 PERCENTAGE POINTS TO 87.1%.AUG CARGO AND MAIL LOAD FACTOR ROSE BY 2.9 PERCENTAGE POINTS TO 68.4% CAPACITY FOR CATHAY PACIFIC AND CATHAY DRAGON.CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3.3 MILLION PASSENGERS IN AUG, UP 6.4%.  Full Article

Cathay Pacific Airways Updates On July 2018 Traffic Figures
Friday, 17 Aug 2018 

Aug 17 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::JULY CATHAY PACIFIC AND CATHAY DRAGON PASSENGER LOAD FACTOR EASED SLIGHTLY TO 86.7 PERCENT.CATHAY PACIFIC & CATHAY DRAGON CARRIED TOTAL 3.2 MILLION PASSENGERS IN JULY UP 1.1 PERCENT COMPARED TO JULY 2017.JULY CATHAY PACIFIC AND CATHAY DRAGON CARGO AND MAIL LOAD FACTOR ROSE BY 1.6 PERCENTAGE POINTS TO 70.3 PERCENT.  Full Article

Cathay Pacific Airways Announces Cathay Pacific And Cathay Dragon February Traffic Figures
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::IN FEB CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 2,804,793 PASSENGERS.‍CATHAY PACIFIC AND CATHAY DRAGON FEB PASSENGER LOAD FACTOR INCREASED 0.7 PERCENTAGE POINTS TO 84.1%​.FEB ‍CARGO AND MAIL LOAD FACTOR ROSE BY 1.5 PERCENTAGE POINTS TO 65.7%​.‍CATHAY PACIFIC AND CATHAY DRAGON CARRIED 145,800 TONNES OF CARGO AND MAIL IN FEB, UP 5.9%.FEB CATHAY PACIFIC & CATHAY DRAGON RPK TOTAL UP 5.8 PERCENT.  Full Article

Cathay Pacific Airways Posts FY Loss Attributable Of HK$1.26 BLN
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::FY LOSS ATTRIBUTABLE TO EQUITY SHAREHOLDERS HK$1.26 BILLION VERSUS LOSS OF HK$575 MILLION.FY REVENUE HK$97.28 BILLION, UP 4.9 PERCENT.DIRECTORS HAVE DECLARED AN INTERIM DIVIDEND OF HK$0.05 PER SHARE FOR THE YEAR ENDED 31ST DECEMBER 2017."OUTLOOK FOR OUR CARGO BUSINESS IS POSITIVE"."INCREASED FUEL COSTS ARE INCREASING OPERATING COSTS AND ADVERSELY AFFECTING RESULTS"."FUEL HEDGING LOSSES ARE DECLINING".  Full Article

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Cathay Pacific sees pressure on yields due to intense competition

Hong Kong's Cathay Pacific Airways Ltd said on Thursday it expected yields, a proxy for airfares, to be under pressure in the coming months as performance in North America and Europe lags expectations due to intense competition.