CTY.SG - CATHAY PACIFIC AIRWAYS LTD. Reg

Stuttgart - Stuttgart Delayed Price. Currency in EUR
1.5506
-0.0030 (-0.19%)
At close: 8:12AM CEST
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Previous Close1.5536
Open1.5506
Bid1.5666 x 5000000
Ask1.5900 x 5000000
Day's Range1.5506 - 1.5506
52 Week Range1.0900 - 1.5600
Volume0
Avg. Volume405
Market CapN/A
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters3 days ago

    BRIEF-Cathay Pacific's first 777X to still be delivered in June 2021, Boeing told airline last week - exec

    April 17 (Reuters) - Cathay Pacific Airways Ltd: * CATHAY PACIFIC EXEC SAYS FIRST 777X TO STILL BE DELIVERED IN JUNE 2021, BOEING TOLD AIRLINE LAST WEEK Further company coverage: (Reporting by Stella Qiu ...

  • Cathay Pacific CEO 'relatively confident' air cargo market will pick up in second half
    Reuters3 days ago

    Cathay Pacific CEO 'relatively confident' air cargo market will pick up in second half

    Cathay Pacific Airways Ltd Chief Executive Rupert Hogg said he was "relatively confident" the air cargo market would pick up in the second half after a weak start to the year. Cathay Pacific has said that its cargo volumes fell by 5.5 percent in the three months ended March 31, but that the decline was smaller in March than in January and February. The International Air Transport Association last month nearly halved its annual forecast for traffic growth in the air cargo market to 2 percent, citing trade frictions, Brexit and anti-globalization rhetoric.

  • Reuters3 days ago

    Cathay Pacific CEO 'relatively confident' air cargo market will pick up in H2

    Cathay Pacific Airways Ltd Chief Executive Rupert Hogg said he was "relatively confident" the air cargo market would pick up in the second half after a weak start to the year. "We tend to do quite well in cargo but the volumes do go up and down due to general economic sentiment," he told Reuters on the sidelines of a media event in Beijing on Wednesday. Cathay Pacific has said that its cargo volumes fell by 5.5 percent in the three months ended March 31, but that the decline was smaller in March than in January and February.

  • Reuters4 days ago

    BRIEF-Cathay Pacific Airways Announces March Traffic Figures

    April 16 (Reuters) - Cathay Pacific Airways Ltd: * CATHAY PACIFIC AND CATHAY DRAGON MARCH CARGO AND MAIL LOAD FACTOR FELL BY 2.2 PERCENTAGE POINTS TO 68.5% * MARCH CATHAY PACIFIC AND CATHAY DRAGON CARRIED ...

  • Reuters24 days ago

    Cathay Pacific halts union ban on pilot training

    Cathay Pacific Airways Ltd on Wednesday said it would no longer allow its unionised pilots to refuse training roles despite a near four-year union ban in a move that a pilot said could raise workplace tensions. Relations between Cathay and its 3,000-plus pilots have become strained as the airline seeks to cut costs as part of a three-year transformation plan designed to make it more competitive against Chinese and Middle Eastern rivals and low-cost carriers. The union ban on pilot training has made it more difficult for the airline to promote pilots quickly when it has been expanding capacity and also when a global pilot shortage prompted some expat pilots to take other jobs.

  • Reuters24 days ago

    Cathay Pacific to enter low-cost market by buying HNA's HK Express

    Cathay Pacific Airways said on Wednesday it had agreed to buy Hong Kong Express Airways Ltd from cash-strapped Chinese conglomerate HNA Group for HK$4.93 billion (£476 million), giving it a foothold in the fast-growing budget travel market. A lack of slots at Hong Kong International Airport until an expansion is completed in 2024 had constrained Cathay's ability to follow peers like Singapore Airlines Ltd and Qantas Airways Ltd and set up its own budget brand. Cathay said it would continue operating HK Express as a standalone carrier using a low-cost business model.

  • Cathay buys HK Express, will operate it as low-cost carrier
    Associated Press24 days ago

    Cathay buys HK Express, will operate it as low-cost carrier

    HONG KONG (AP) — Cathay Pacific Group is acquiring budget regional carrier HK Express, which it will continue to operate as a low-cost carrier.

  • Cathay’s Budget Conversion Won’t Mean Cheap Tickets
    Bloomberg24 days ago

    Cathay’s Budget Conversion Won’t Mean Cheap Tickets

    Passengers on Easyjet Plc aircraft can book fares that let them change flight times at no extra cost. Cathay will pay HK$4.93 billion ($628 million) to buy Hong Kong Express Airways Ltd. from debt-strapped HNA Group Co., the carrier said Wednesday, giving it control of the territory’s sole low-cost airline. It’s much more likely that Cathay is trying to protect its existing patch than becoming a born-again no-frills carrier.

  • Cathay Buys Hong Kong Express to Enter Budget Airline Market
    Bloomberg24 days ago

    Cathay Buys Hong Kong Express to Enter Budget Airline Market

    Cathay plans to operate Hong Kong Express Airways Ltd., part of HNA Group Co., as a standalone carrier after the transaction is completed by Dec. 31, the flag carrier said. “HK Express captures a unique market segment,” Cathay said in an emailed statement Wednesday.

  • Reuters24 days ago

    BRIEF-Cathay Pacific Airways Announces Acquisition Of Hong Kong Express Airways For HK$4.93 Bln

    March 27 (Reuters) - Cathay Pacific Airways Ltd: * ACQUISITION OF HONG KONG EXPRESS AIRWAYS LIMITED * DEAL FOR HK$4.93 BILLION * INTENDED TO CONTINUE TO OPERATE HKE AS A STANDALONE AIRLINE USING LOW-COST ...

  • Cathay Pacific says budget airline would serve 'unique market segment'
    Reuterslast month

    Cathay Pacific says budget airline would serve 'unique market segment'

    Hong Kong's Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a "unique market segment" it does not capture at present, Chief Executive Rupert Hogg said on Monday. Cathay this month said it was in "active discussions" to acquire the airline controlled by HNA Group Co Ltd.

  • Benzingalast month

    Cathay Pacific Returns To Profitability On Cargo And Mail Growth

    Cathay Pacific Airways Limited (OTC: CPCAY), the Hong Kong-based airline, released its full-year financial results for 2018: the biggest news was that after two years of losses, CPCAY returned to profitability. Cathay Pacific has come under pressure in recent years from the rapid expansion of Chinese budget airlines and, on the other side of the price spectrum, from increased competition from premium carriers like Emirates and Etihad, which offer similar luxury experiences. Chief Executive Officer Rupert Hogg, who took over Cathay Pacific two years ago, laid off more than 600 employees and pulled back from some overseas business after miscalculated fuel hedging doubled its 2017 losses.

  • CNBClast month

    Cathay Pacific says it's 'very happy' with its Boeing fleet, despite recent 737 Max crash

    Despite recent controversy surrounding aircraft manufacturer Boeing after Sunday's crash of a new 737 Max Ethiopian Airlines plane, Cathay Pacific's CEO said Thursday the airline is "very happy" with its Boeing fleet.

  • When Even Cathay Goes Budget, the Trend Is Clear
    Bloomberglast month

    When Even Cathay Goes Budget, the Trend Is Clear

    Asked what had prompted the shift after annual results Wednesday, Chairman John Slosar seemed to be paraphrasing a remark attributed to John Maynard Keynes(2): “You have to be willing to change when events change, when opportunities present themselves,” he told reporters. For one thing, Cathay’s business model is already looking more and more like that of a budget carrier (perpetually disgruntled passengers often say the same of the flying experience, though this columnist has no complaints).

  • Reuterslast month

    Cathay Pacific 'reasonably optimistic' on outlook after swinging to annual profit

    SINGAPORE/HONG KONG (Reuters) - Cathay Pacific Airways Ltd is "reasonably optimistic" about passenger and cargo markets this year despite recognising challenges ahead, its chairman said, after the Hong Kong airline earlier reported a profit for the first time in three years. The challenges include geopolitical discord, global trade tensions and intense competition that could dampen cargo demand as well as passenger demand particularly on long-haul routes in economy class, Chairman John Slosar said in a statement. Cathay raked in a HK$2.35 billion profit ($299.37 million) for the year ended December as it benefited from rising airfares and a turnaround plan designed to lower costs and boost revenue.

  • Reuterslast month

    Cathay Pacific "reasonably optimistic" on passenger, cargo markets

    HONG KONG, March 13 (Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it is "reasonably optimistic" on the outlook for the passenger and cargo markets this year, although it ...

  • Reuterslast month

    BRIEF-Cathay Pacific Airways Posts FY Profit Attributable HK$2,345 Million Vs Loss Of HK$1,259 Million

    March 13 (Reuters) - Cathay Pacific Airways Ltd: * DECLARED DIVIDEND OF HK$ 0.30 PER SHARE * FY PROFIT ATTRIBUTABLE HK$2,345 MILLION VERSUS LOSS OF HK$1,259 MILLION * FY REVENUE HK$111,060 MILLION VERSUS ...

  • Cathay Pacific in talks to buy stake in HNA's HK Express Airways
    Reuters2 months ago

    Cathay Pacific in talks to buy stake in HNA's HK Express Airways

    HONG KONG/SINGAPORE (Reuters) - Hong Kong flagship carrier Cathay Pacific Airways Ltd said on Tuesday it is in "active discussions" about an acquisition involving budget airline Hong Kong Express Airways Ltd, although an agreement has yet to be reached. Such a deal would give Cathay exposure to the growing budget-travel market at a time when a lack of slots at Hong Kong International Airport has constrained its ability to follow peers like Singapore Airlines Ltd and Qantas Airways Ltd and set up its own budget brand. The Hong Kong carrier has instead shifted some destinations from its main brand to its regional carrier, Cathay Dragon, as part of a transformation plan designed to cut costs and increase revenue.

  • Reuters2 months ago

    BRIEF-Cathay Pacific Airways Says Co In Discussions On Acquisition Involving Hong Kong Express Airways

    March 5 (Reuters) - Cathay Pacific Airways Ltd: * COMPANY IS IN ACTIVE DISCUSSIONS ABOUT AN ACQUISITION INVOLVING HKE * NOTES MEDIA REPORTS ON POSSIBLE ACQUISITION OF SHARES IN HONG KONG EXPRESS AIRWAYS ...

  • Cathay Pacific's earnings turnaround can be sustained: DBS
    CNBC Videoslast month

    Cathay Pacific's earnings turnaround can be sustained: DBS

    Paul Yong of DBS Bank says he expects Cathay Pacific's earnings to be driven higher in 2019 because of lower fuel prices and a strong cargo business.