|Bid||12.920 x 0|
|Ask||12.940 x 0|
|Day's Range||12.800 - 12.960|
|52 Week Range||11.180 - 14.820|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.05 (0.39%)|
|1y Target Est||N/A|
Mar.14 -- Cathay Pacific CEO Rupert Hogg discusses the airlines earnings and performance. He speaks on "Bloomberg Daybreak: Asia."
Hong Kong's Cathay Pacific Airways has made the biggest overhaul to its loyalty programme in a decade, with airfares paid now playing a larger part in determining customer rewards, the head of the business said on Thursday. The move comes as Cathay is looking to increase revenue and cut costs as part of a three-year transformation programme designed to make it more efficient against aggressive competition from mainland Chinese rivals and Middle Eastern carriers. Since 2015, there has been a broader shift in the airline industry toward basing awards on customer spending rather than the traditional marker of the distance flown.
Singapore Airlines Ltd plans to absorb its underperforming regional arm SilkAir after 2020 when a programme to upgrade cabins at a cost of more than S$100 million ($74.5 million) gets underway. The move comes as Singapore Airlines undertakes a three-year transformation programme designed to cut costs and boost revenue amid competition from Chinese and Middle Eastern rivals and low-cost carriers. Singapore Airlines topped market expectations by reporting on Thursday a 148 percent rise in full-year net profit to the highest level since 2011, as passenger and cargo revenue rose and the transformation programme produced early results.
May 18 (Reuters) - Cathay Pacific Airways Ltd: * CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3 MILLION PASSENGERS IN APRIL, A DROP OF 0.8 PCT * IN APRIL PASSENGER LOAD FACTOR DECREASED 1.9 PERCENTAGE ...
C.H. Robinson (CHRW) buoys optimism with an inflated buyback program. The company boasts an impressive track record of consistent dividend payments for more than 25 years.
Southwest Airlines (LUV) April traffic declines due to low bookings following the fatal engine failure in the month. Load factor also contracts on capacity expansion and traffic decline.
United Continental's (UAL) arm United Airlines reports a decline in April load factor due to capacity expansion outgrowing traffic rise.
Hawaiian Holdings' (HA) arm Hawaiian Airlines reports a decrease in April load factor as capacity expansion outweighs traffic growth.
An Airbus A320 operated by Cathay Dragon, a unit of Cathay Pacific Airways, prepares to land at Hong Kong International Airport in August 2017. On ten of the 14 intra-Asia routes, Airbus aircraft have a bigger share than Boeing. In general, the busiest Asia routes have more traffic and more competition than the North American and European routes.
Hong Kong's Cathay Pacific Airways Ltd expects its core airline business, which has been operating at a loss, to swing into the black next year as a turnaround plan bears fruit, the carrier's chief executive said on Wednesday. The improvement will be driven by a combination of stronger passenger and cargo markets, cost-cutting measures, a more fuel-efficient fleet, better fuel hedges and revenue gains from new long-haul routes, CEO Rupert Hogg told Reuters. Poor fuel hedging bets and fierce competition from mainland Chinese and Middle Eastern rivals has hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three-year turnaround programme.
April 19 (Reuters) - Cathay Pacific Airways Ltd: * MARCH PASSENGER LOAD FACTOR UP 2.4 PERCENT POINTS TO 85.2% FOR CATHAY PACIFIC AND CATHAY DRAGON * MARCH CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL ...
Cathay Pacific Airways (CPCAY) sees solid earnings estimate revisions and looks poised to shock the market, and yet seems overlooked by the investors.
Southwest Airlines (LUV) posts a rise in traffic for March on higher demand for air travel. Load factor increases owing to traffic expansion exceeding capacity growth.
* 2017 profit rises 6.3 percent year-on-year * Booked 2.94 billion yuan in foreign exchange gains * Operational costs rose, led by fuel costs (Updates with impact of Cathay Pacific losses on results, analyst ...
March 20 (Reuters) - Cathay Pacific Airways Ltd: * 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 ...
Investing.com – Asian equities were mixed on Thursday. The U.S. retail sales figures that came weaker than expected and political concerns both weighed on regional equities earlier in the day, as U.S. president Donald Trump reportedly planned to impose fresh tariffs on China, intensifying concerns of a global trade war.
Investing.com – Asian equities fell in morning trade on Thursday as investors took their cues from overnight U.S. shares after retail sales figures came in weaker than expected. Prospects of trade war concerns also continued to weigh as U.S. president Donald Trump reportedly planned to impose fresh tariffs on China, intensifying concerns of a global trade war while traders await next week’s rate decision by the Federal Reserve.
Rupert Hogg’s efforts to contain Cathay Pacific Airways Ltd.’s costs and revive earnings are winning some analysts over.
Cathay Pacific CEO Rupert Hogg discusses the airlines earnings and performance. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
SHANGHAI/SINGAPORE (Reuters) - Cathay Pacific posted a smaller than expected annual loss due to a rebound in the cargo market, moderating ticket price falls and lower fuel hedging losses, prompting analysts to call that the worst was over for the Hong Kong airline. Poor hedging bets on fuel prices and fierce competition from mainland Chinese and Middle Eastern rivals have hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three-year turnaround programme targeting HK$4 billion ($510.12 million) in savings. While analysts said it was still too early to say whether the efforts under Chief Executive Rupert Hogg were bearing fruit, they said the firm was benefiting from a global recovery in the cargo market and profits at its associates and subsidiaries.