0293.HK - Cathay Pacific Airways Limited

HKSE - HKSE Delayed Price. Currency in HKD
11.420
+0.260 (+2.33%)
At close: 4:08PM HKT
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Previous Close11.160
Open11.160
Bid11.420 x 0
Ask11.440 x 0
Day's Range11.160 - 11.480
52 Week Range10.860 - 14.820
Volume3,002,369
Avg. Volume2,733,283
Market Cap44.924B
Beta0.41
PE Ratio (TTM)N/A
EPS (TTM)-0.320
Earnings DateN/A
Forward Dividend & Yield0.15 (1.35%)
Ex-Dividend Date2018-09-05
1y Target Est14.33
  • Reutersyesterday

    BRIEF-Cathay Pacific Airways Updates On August Traffic figures

    Sept 18 (Reuters) - Cathay Pacific Airways Ltd: * 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 ...

  • Reuters2 days ago

    Qatar Airways blames $69 million annual loss on Gulf dispute

    Qatar Airways reported on Tuesday a 252 million riyals ($69 million) loss for the financial year ending March 31, citing a regional political dispute that has seen it banned from four Arab countries. Saudi Arabia, the United Arab Emirates (UAE), Egypt, and Bahrain have banned Qatar Airways since June 2017 as part of a dispute they have with the government of Qatar. "This turbulent year has inevitably had an impact on our financial results," Qatar Airways Chief Executive Akbar al-Baker said in a statement.

  • China's Bullet Trains Are Coming For Hong Kong's Airlines
    Bloomberg2 days ago

    China's Bullet Trains Are Coming For Hong Kong's Airlines

    The world’s longest high-speed rail network will extend to downtown Hong Kong on Sept. 23, providing a direct connection to 44 mainland destinations. With the addition of services from Guangzhou and Shenzhen — the major cities closest to Hong Kong — what’s now a daylong train trip to Beijing would be cut to nine hours. China’s high-speed network stretches for 25,000 kilometers (15,500 miles) and is a strong competitor for airlines in a market where congested airspace and limited landing slots mean regular flight delays.

  • Bloomberg3 days ago

    Flights to Resume as Typhoon Moves on After Battering Hong Kong

    Hong Kong International Airport said it will resume flights on Monday, while Cathay Pacific Airways Ltd. and some other airlines restarted services to the city that was battered over the weekend by a typhoon, forcing the cancellation of almost 900 flights. Some Cathay flights to Hong Kong and Singapore Airlines Ltd. services to the southern Chinese city landed early this morning, according to Hong Kong airport’s website. Most outbound flights will depart later this morning.

  • Almost 900 Hong Kong Flights Canceled as Typhoon Batters City
    Bloomberg4 days ago

    Almost 900 Hong Kong Flights Canceled as Typhoon Batters City

    Airlines and passengers over parts of Asia have been grounded as Typhoon Mangkhut belted Hong Kong with mammoth gales and rain before moving toward China’s Guangdong province. According to the Hong Kong Airport Authority, 889 flights were canceled Sunday because of the storm. Cathay Pacific Airways Ltd. said in a statement that it was experiencing “severe disruptions” and the resumption of operations on Monday will depend on weather conditions.

  • Cathay Cancels 400 Flights as Airlines Brace for Super Typhoon
    Bloomberg5 days ago

    Cathay Cancels 400 Flights as Airlines Brace for Super Typhoon

    Cathay Pacific Airways Ltd. canceled more than 400 flights over the next three days and warned of “serious disruptions” for air travelers as Super Typhoon Mangkhut approaches Hong Kong. Other airlines across the region halted flights on Saturday as Mangkhut slammed into the Philippines and was set to disrupt travel from Hong Kong to Japan. Cathay Pacific said earlier in a statement it’s canceling all flights in and out of Hong Kong from Sunday 2:30 a.m. to Monday 4 a.m. Cathay Dragon also won’t be flying.

  • Bloomberg5 days ago

    Hundreds of Flights Canceled as Super Typhoon Heads for Hong Kong

    Airlines across the region canceled more than 100 flights on Saturday as Super Typhoon Mangkhut slammed into the Philippines and was set to disrupt travel from Hong Kong to Japan. Cathay Dragon also won’t be flying. AirAsia Group Bhd had canceled at least 22 flights as of Saturday morning, upsetting travelers from Manila to Shenzhen and Macau, according to a Facebook post.

  • Reuterslast month

    BRIEF-Cathay Pacific Airways Updates On July 2018 Traffic Figures

    Aug 17 (Reuters) - Cathay Pacific Airways Ltd: * 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 ...

  • Cathay Pacific Airways Limited (HKG:293) Investors Are Paying Above The Intrinsic Value
    Simply Wall St.last month

    Cathay Pacific Airways Limited (HKG:293) Investors Are Paying Above The Intrinsic Value

    Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Cathay Pacific Airways Limited (HKG:293) as an investment opportunity by projectingRead More...

  • How Cathay Pacific's Turnaround May Be Clouded by Trade War
    Bloomberglast month

    How Cathay Pacific's Turnaround May Be Clouded by Trade War

    Paul Yong, senior vice president of equity research at DBS Bank, discusses how the trade war between the U.S. and China is impacting Cathay Pacific's turnaround plan and his outlook for the airline. He ...

  • Reuterslast month

    Cathay Pacific losses narrow on higher air fares, sees better H2

    SHANGHAI/SINGAPORE, Aug 8 (Reuters) - Cathay Pacific Airways Ltd posted a narrower half-year loss on a strong rise in airfares and cargo rates and flagged expectations for a better second half, although its failure to curb costs fuelled market concerns. Shares of the Hong Kong airline fell 3.3 percent to their lowest in almost eight months after results showed expenses offset a better-than-expected rise in yields and higher revenue, casting a shadow on Cathay's three-year turnaround plan. Cathay has reduced jobs, invested in product improvements such as better business class meals and new Airbus SE A350 jets and is adding more economy seats to older Boeing Co 777s in a bid to boost business.

  • Reuterslast month

    Cathay Pacific losses narrow on higher air fares, sees better H2

    SHANGHAI/SINGAPORE, Aug 8 (Reuters) - Cathay Pacific Airways Ltd posted a narrower half-year loss on a strong rise in airfares and cargo rates and flagged expectations for a better second half, although its failure to curb costs fuelled market concerns. Shares of the Hong Kong airline fell 3.3 percent to their lowest in almost eight months after results showed expenses offset a better-than-expected rise in yields and higher revenue, casting a shadow on Cathay's three-year turnaround plan. Cathay has reduced jobs, invested in product improvements such as better business class meals and new Airbus SE A350 jets and is adding more economy seats to older Boeing Co 777s in a bid to boost business.

  • Reuterslast month

    UPDATE 1-Hong Kong's Cathay Pacific reports narrower loss, flags better H2

    Hong Kong's Cathay Pacific Airways Ltd on Wednesday swung to a narrower half-year loss and flagged expectations for a better second half, in a sign its transformation programme designed to lift revenue was paying off. This is below a forecast for a HK$140 million profit issued by investment bank BOCOM International, but better than Daiwa Capital Markets' projection for a net loss of HK$363 million. Group revenue rose 15.7 percent to HK$53.1 billion in the first half, while passenger yields - a proxy for airfares- rebounded by 7.6 percent, Cathay said in a filing to the Hong Kong bourse.

  • Reuterslast month

    BRIEF-Cathay Pacific Airways Posts HY Loss Attributable Of HK$263 Mln

    Aug 8 (Reuters) - Cathay Pacific Airways Ltd: * HY LOSS ATTRIBUTABLE TO SHAREHOLDERS OF CATHAY PACIFIC HK$263 MILLION VERSUS LOSS HK$2.05 BILLION A YEAR AGO * H1 REVENUE HK$53,078 MILLION VERSUS HK$45,858 ...

  • Reuterslast month

    Hong Kong's Cathay Pacific posts narrower H1 loss

    Hong Kong's Cathay Pacific Airways Ltd on Wednesday swung to a narrower half-year loss, in a sign its transformation programme designed to cut costs and lift revenue was paying off. Daiwa Capital Markets had forecast a net loss of HK$363 million. Group revenue rose 15.7 percent to HK$53.1 billion in the first half, while passenger yields - a proxy for airfares- rebounded by 7.6 percent, Cathay said in a filing to the Hong Kong bourse.

  • Reuterslast month

    Aimia's largest shareholder backs co on Aeroplan loyalty sale

    Aimia Inc's largest shareholder, Mittleman Brothers, said on Monday a buyout offer by an Air Canada-led consortium for Aimia's Aeroplan loyalty program was undervalued. Mittleman, which holds a 17.6 percent stake in Aimia, said the offer was "blatantly inadequate" and backed the data analystics firm for rebuffing the offer and continuing negotiations. Last week, Aimia rejected the consortium's July 25 bid of C$250 million ($192.7 million) cash and the assumption of about C$2 billion of Aeroplan points liability.

  • Reuters2 months ago

    Aimia proposes revised offer of C$450 mln for Aeroplan loyalty business

    Aimia on Thursday said it rebuffed an offer by Air Canada and partners to buy its Aeroplan loyalty program and urged the carrier to make a higher offer for the business. The consortium's cash offer of C$250 million, later updated to C$325 million, did not reflect the value of the Aeroplan business, Aimia Inc said in a statement. In a separate statement, Air Canada, the country's largest carrier, said Aimia rejected its original bid.

  • Cathay Plans Job Cuts Overseas Amid Competition From China Rivals
    Bloomberg2 months ago

    Cathay Plans Job Cuts Overseas Amid Competition From China Rivals

    Cathay Pacific Airways Ltd. offered a voluntary early retirement package to employees in Japan as part of a three-year restructuring effort to revive earnings growth. Cathay is undergoing a “comprehensive review” of regional organization including Northeast Asia, which consists of Japan, Taiwan and Korea, the airline’s Japan office said in emailed comments. Employees in Japan were briefed on the general outline of the new organization at a July 23 meeting, where the voluntary early retirement program was also announced, it said.

  • How Cathay Pacific's Turnaround May Be Clouded by Trade War
    Bloomberg Videolast month

    How Cathay Pacific's Turnaround May Be Clouded by Trade War

    Aug.09 -- Paul Yong, senior vice president of equity research at DBS Bank, discusses how the trade war between the U.S. and China is impacting Cathay Pacific's turnaround plan and his outlook for the airline. He speaks on "Bloomberg Markets: Asia."

  • The outlook for Cathay Pacific in the second half of 2018
    CNBC Videoslast month

    The outlook for Cathay Pacific in the second half of 2018

    Corrine Png of Crucial Perspective says Cathay Pacific's valuation has fallen "very close to historical trough levels" and a buying opportunity could be present for longer-term investors.

  • Cathay Pacific's Recovery Hits Rough Patch
    Bloomberg Videolast month

    Cathay Pacific's Recovery Hits Rough Patch

    Aug.07 -- It’s turning out to be a bumpy road to recovery for Cathay Pacific Airways. Just when the airline was showing signs of a rebound, crude oil played spoilsport again, denting early gains from a transformation plan it considers crucial to survival. Bloomberg's Kyunghee Park reports on "Bloomberg Daybreak: Asia."