Cathay Pacific Airways Ltd. exited 2020 with a record annual loss of US$2.8 billion, as the Hong Kong flagship carrier suffered due to a sharp downturn in travel along with major restructuring costs. Cathay Pacific Chairman Patrick Healy described 2020 as “the most challenging 12 months of its more than 70-year history” as passenger revenues ...
After threatening military intervention, Beijing has added one more pressure tactic to its arsenal in a bid to stop Hongkongers from protesting against Chinese communist control in the city — loss of jobs. Reports suggest that companies, such as Cathay Pacific, are being made to pick a side in the ongoing conflict, with businesses warned ...
As anti-extradition protests continue in Hong Kong, demonstrators held a “fly with you” gathering on July 26 at the Hong Kong International Airport in Chek Lap Kok. Before touching down, the captain of one incoming flight offered words of encouragement to the people of Hong Kong. The captain of Cathay Pacific flight CX505, flying from ...
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