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Cathay Pacific Airways Limited (0293.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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7.880+0.070 (+0.90%)
At close: 04:08PM HKT
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  • Reuters

    Cathay to launch major corporate sustainable aviation fuel programme

    The flagship carrier said it would work with eight clients including insurer AIA Group, Standard Chartered and HSBC to promote the use of SAF on its flights used for business travel or air freight from Hong Kong International Airport. The move comes as airlines rush to set and meet net-zero carbon emission targets and other companies also look to cut down on harmful impact to the environment from their operations.

  • Bloomberg

    SoftBank Robotics Invests in Hong Kong Startup Avalon SteriTech

    (Bloomberg) -- SoftBank Group Corp.’s robotics arm has agreed to buy a minority stake in cleaning technology startup Avalon SteriTech Ltd., marking the company’s first investment in Hong Kong.Most Read from Bloomberg‘Weak Sauce’: Elon Musk’s 2018 Feud With Saudi Fund RevealedAnger in Japan as Ukraine Links Emperor Hirohito to Adolf HitlerUkraine Latest: U.S. Vows to Step Up Weapons for KyivUkraine Latest: Zelenskiy Says Top U.S. Officials to Visit KyivStocks Tumble as China Lockdowns Rattle Inve

  • Reuters

    Cathay seeks to boost cargo capacity amid pain from new quarantine rules

    (Reuters) -Cathay Pacific Airways Ltd returned to profit in the second half of last year but has since been hamstrung by tough new quarantine rules for crew and said it is trying to boost cargo capacity as much as possible in an effort to cope. Hong Kong's flagship airline managed a profit of about HK$2 billion in the second half, thanks to cost cuts and strong cargo demand and pricing, even though it flew 85% fewer passengers than in 2020, when it was also affected by the coronavirus pandemic. Chairman Patrick Healy said, however, that the airline has had an "extremely challenging" start to 2022 after Hong Kong tightened crew quarantine requirements and banned passenger flights from major markets like the United States, Britain and Australia to contain COVID-19 cases.