0293.HK - CATHAY PAC AIR

HKSE - HKSE Delayed Price. Currency in HKD
13.340
+0.300 (+2.301%)
At close: 4:09PM HKT
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Previous Close13.040
Open13.060
Bid13.340 x 0
Ask13.360 x 0
Day's Range13.040 - 13.480
52 Week Range10.000 - 13.480
Volume13,563,142
Avg. Volume5,682,050
Market Cap52.48B
Beta0.78
PE Ratio (TTM)-91.37
EPS (TTM)-0.15
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-09-07
1y Target Est11.16
  • Reuters5 days ago

    Hong Kong's leader tinkers with economy in the face of "grave" challenges

    Hong Kong’s new leader Carrie Lam showed last week that bringing the mojo back to the territory’s once uniquely dynamic economy isn’t going to be easy. In her first policy address since coming into power in July, the chief executive acknowledged that “Hong Kong is facing increasingly grave challenges,” citing in particular competition from other economies. It was an echo of Chinese President Xi Jinping’s comment that Hong Kong’s traditional strengths  are “losing their edge, while new drivers of growth have yet to emerge,”  during his visit to the city in July.

  • Goldman’s Call Turns Cathay Into Hong Kong’s Hottest Stock
    Bloomberg8 days ago

    Goldman’s Call Turns Cathay Into Hong Kong’s Hottest Stock

    Cathay Pacific Airways Ltd. is winning back stock investors as the carrier seeks to slash costs after its worst loss in more than 20 years. Having a friend in Goldman Sachs Group Inc. doesn’t hurt, either....

  • Reuters15 days ago

    Singapore Airlines plans wide-ranging cost cuts to offset stiff competition

    Singapore Airlines Ltd is pursuing more than 50 cost-cutting initiatives including reducing fuel burn and reviewing its relationship with key suppliers as part of a three-year plan to make the airline more competitive, a newsletter to staff shows. Both Singapore Airlines and Hong Kong-based rival Cathay Pacific Airways Ltd have come under pressure due to growing competition from Chinese and Middle Eastern rivals. Singapore Airline set up a dedicated transformation office to review its strategy in May after a surprise fourth-quarter loss although it not released a cost-cutting target.

  • Biggest Airbus A350 Trips as Cathay Latest to Prefer Sibling
    Bloomberglast month

    Biggest Airbus A350 Trips as Cathay Latest to Prefer Sibling

    Airbus SE’s newest wide-body jet lost more orders as Cathay Pacific Airways Ltd. switched a contract for six A350-1000s to the smaller -900 variant and deferred delivery of five more by a year.

  • Cathay Pacific defers five A350 deliveries, switches six to smaller model
    Reuterslast month

    Cathay Pacific defers five A350 deliveries, switches six to smaller model

    Hong Kong airline Cathay Pacific Airways Ltd will defer deliveries of five Airbus SE (AIR.PA) widebody aircraft by a year and switch six others to a smaller model as it finalised an order for 32 narrowbody aircraft, it said on Wednesday. It announced a non-binding deal to buy 32 Airbus A321neo aircraft valued at $4.064 billion at list prices on Aug. 21. Cathay also said on Wednesday it would switch six orders for A350-1000s to the smaller A350-900 model, saving $288 million based on list prices.

  • Hong Kong Airlines targets Cathay Pacific's core business market
    Reuterslast month

    Hong Kong Airlines targets Cathay Pacific's core business market

    Hong Kong Airlines, part-owned by Chinese conglomerate HNA Group, plans to target business travelers from small and medium sized companies as it launches new long haul routes to North America and Europe, its vice chairman said on Wednesday. Hong Kong Airlines and sister budget carrier Hong Kong Express Airways have been expanding rapidly in a challenge to Hong Kong's dominant airline, Cathay Pacific Airways , which has a strong grip on the corporate market. Last month, Cathay reported its worst first-half loss in at least 20 years after competition cut fares.

  • Cathay in Talks With Pilots Over Compensation in Savings Push
    Bloomberglast month

    Cathay in Talks With Pilots Over Compensation in Savings Push

    Cathay Pacific Airways Ltd., Asia’s biggest international carrier, is in talks with its pilots over compensation as it seeks to cut costs after reporting its worst half-half loss in at least two decades....

  • Barrons.com2 months ago

    Air China Shares Slide as Cathay Pacific's Woes Weigh on Profits

    Shares in Air China (753.HK) slipped more than 4% in Hong Kong trading on Thursday after China’s flagship carrier posted weak first half earnings weighed down by higher operating costs and heavy losses ...

  • World's Longest Flight Heralds Death of Airline Hubs
    Bloomberg2 months ago

    World's Longest Flight Heralds Death of Airline Hubs

    Asia's legacy carriers should focus on regional routes where there's a captive market.

  • Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 billion
    Reuters2 months ago

    Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 billion

    Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group (AIR.PA) at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers. The aircraft would be operated mainly by Cathay Dragon, the sister airline of Cathay Pacific, it said in a statement to the Hong Kong stock exchange. The aggregate consideration for the Airbus aircraft, as a result of negotiations between the two parties, will be lower than the list price, it added.

  • Reuters2 months ago

    Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 bln

    Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers. The aircraft would be operated mainly by Cathay Dragon, the sister airline of Cathay Pacific, it said in a statement to the Hong Kong stock exchange. The aggregate consideration for the Airbus aircraft, as a result of negotiations between the two parties, will be lower than the list price, it added.

  • Cathay Pacific to Buy Airbus A321neo Jets in $4.1 Billion Order
    Bloomberg2 months ago

    Cathay Pacific to Buy Airbus A321neo Jets in $4.1 Billion Order

    Cathay Pacific Airways Ltd. agreed to purchase 32 Airbus SE single-aisle jets in an order worth $4.1 billion as it seeks to upgrade and expand the fleet of its affiliate Cathay Dragon.

  • Cathay Spurns Budget Route to Health as CEO Bets on Service
    Bloomberg2 months ago

    Cathay Spurns Budget Route to Health as CEO Bets on Service

    Cathay isn’t going to embrace the discount-fare revolution.

  • Cathay's Late Show
    Bloomberg2 months ago

    Cathay's Late Show

    Market reaction to the airline's results delay suggests some shareholders expect a takeover.

  • Cathay Pacific Misses Afternoon Earnings Announcement
    Bloomberg2 months ago

    Cathay Pacific Misses Afternoon Earnings Announcement

    Cathay Pacific Airways Ltd., which was due to announce its earnings to the Hong Kong stock exchange around noon Wednesday, said the numbers will be available around 4:30 p.m. instead.

  • Cathay Needs to Win Over Customers at the Back of the Plane
    Bloomberg2 months ago

    Cathay Needs to Win Over Customers at the Back of the Plane

    It’s time for Cathay Pacific boss Rupert Hogg to go to the back of the plane.

  • Cathay Needs Less Swire, Not More
    Bloomberg3 months ago

    Cathay Needs Less Swire, Not More

    The airline's newest big shareholder should consider embracing China rather than fighting it.

  • Barrons.com3 months ago

    Cathay Pacific: Is a Merger with Air China Back on the Horizon?

    Could a merger between Air China (753.HK) and Hong Kong’s Cathay Pacific Airways (293.HK) be back on the horizon? Crucial Perspective analyst Corrine Png insists the possibility isn’t pie in the sky. The two airlines currently have a cross shareholding structure, whereby Air China owns 30% of Cathay and Cathay 18% of Air China.

  • Bloomberg3 months ago

    Cathay Pacific's First-Half Performance Disappointing, CEO Says

    Cathay Pacific Airways Ltd.’s operating environment remained challenging in the first half of the year, Chief Executive Officer Rupert Hogg said, dashing expectations of an early recovery for the carrier ...

  • Cathay Pacific to Buy Out Partner DHL's 40% Stake in Cargo Unit
    Bloomberg3 months ago

    Cathay Pacific to Buy Out Partner DHL's 40% Stake in Cargo Unit

    Cathay Pacific Airways Ltd. agreed to buy out the stake owned by partner DHL International GmbH in a cargo venture as the premium Asian carrier revamps its operations as part of a three-year transformation ...