Cathay Pacific

"The overall picture may still be challenging"

The dismal performance of airline stocks of late isn’t a result of carriers posting disappointing results.

In March, Bloomberg reported that the group is in “preliminary discussions with advisors” to raise a US$300 million.

The company last month said it had made an unaudited loss of HK$4.5 billion

(Feb 7): Airlines are perpetually on the alert against crashes. That does not mean the coronavirus epidemic will lead to any corporate disasters.

SINGAPORE (July 27): For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travelers in Asia to and from the rest of the world. But now, a US$1 trillion global airport spree is threatening the status quo. 

SINGAPORE / CANCUN (June 7): Singapore Airlines said jobs are likely to be cut as part of a business review Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss.

SINGAPORE/BEIJING (March 15): In the three years Ivan Chu has been the chief executive officer at Cathay Pacific Airways Ltd., he has seen the marquee carrier’s stock become Asia’s worst performer on the Bloomberg World Airlines Index. He may have lit

SINGAPORE (Jan 20): With Changi Airport Terminal 4 (T4) slated to launch in 2H17, Daiwa Capital Markets is anticipating a number of businesses to benefit from Fast and Seamless Travel at Changi (FAST@Changi), a unique concept to T4 which Changi Airport Gr