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Cathay Pacific Airways Limited (CPCAY)

Other OTC - Other OTC Delayed Price. Currency in USD
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4.2300+0.0300 (+0.71%)
At close: 3:48PM EDT
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Chart Events
Neutralpattern detected
Previous Close4.2000
Open4.1850
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range4.1850 - 4.2300
52 Week Range3.2500 - 6.6100
Volume5,935
Avg. Volume28,443
Market Cap5.447B
Beta (5Y Monthly)1.31
PE Ratio (TTM)N/A
EPS (TTM)-2.7300
Earnings DateN/A
Forward Dividend & Yield0.50 (11.56%)
Ex-Dividend DateAug 12, 2020
1y Target EstN/A
  • Cathay Pacific to close pilot base in Canada, proposes shutting Australia, New Zealand
    Reuters

    Cathay Pacific to close pilot base in Canada, proposes shutting Australia, New Zealand

    The decision to close the Canadian base is final, while Australia and New Zealand is a proposal at this stage and will involve a good-faith consultation process with employees, Cathay said. In Australia and New Zealand, employers must consult with staff before redundancies as part of union agreements but it is rare for publicly announced decisions to be reversed. Qantas Airways Ltd and Air New Zealand Ltd made similar announcements last year about consultations before proceeding with their planned staff cuts.

  • Cathay Pacific to cut cash burn as cargo-crew quarantine measures relaxed
    Reuters

    Cathay Pacific to cut cash burn as cargo-crew quarantine measures relaxed

    The airline had previously said rules that took effect on Feb. 20 and required most crew to quarantine for two weeks in hotels before returning to normal life in Hong Kong would increase cash burn by about HK$300 million to HK$400 million ($38.62 million-$51.49 million) per month, on top of the regular HK$1 billion to HK$1.5 billion levels. "Just this week, the government announced that it would lift the mandatory quarantine requirement for fully vaccinated Hong Kong-based aircrew on freighters and cargo-only passenger flights from today," Cathay Chief Customer and Commercial Officer Ronald Lam said.

  • Reuters

    UPDATE 2-U.S. agency criticizes Hong Kong air carrier quarantine rules

    The U.S. government warned it could limit flights by Hong Kong-based carriers that got a leg up on U.S. rivals after the Asian financial hub imposed quarantine rules that forced U.S. cargo carrier FedEx Corp to move some crews to San Francisco. The U.S. Transportation Department (USDOT) issued an order on Tuesday requiring Hong Kong-based Cathay Pacific Airways Limited to file flight schedules for all U.S. flights within seven days to determine if any are "contrary to applicable law or adversely affect the public interest".