Direct flights between Hong Kong and Kazakhstan could save business travellers up to 10 hours and open the city’s shorelines to tourists from landlocked Central Asia, lawmakers have said after the flag carrier announced plans to launch an Almaty route next year. Lawmaker Jonathan Stuart Lamport, who represents the business sector, on Thursday said the…
A lack of direct flights has been a bugbear to Hong Kong and Kazakhstan forging closer ties but with the city’s leader now in Astana and hints of incentives on the table, hopes are rising for a breakthrough. It is understood that a Hong Kong-based airline is now exploring launching such flights up to three…
Turnover soars as Cathay takes off By Jerry Norton This article was first published on May 16, 1986 Cathay Pacific Airways had a memorable take-off in the stock market yesterday, accounting for a massive $446 million worth of turnover, more than the combined value of all other shares traded. The action in the rest of…
Hong Kong flag carrier Cathay Pacific Airways will shorten its boarding and gate closure times by five minutes to help ensure on-time departures. The airline said on Thursday that, from June 1, boarding gates at Hong Kong International Airport will close 15 minutes before departure. The boarding time will also move forward five minutes. The…
Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola, succeeding Patrick Healy, who will retire from the group after more than three decades of service. Bradley, 60, is also chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties. He was appointed chairman…
Hong Kong flag carrier Cathay Pacific Airways will lower its fuel surcharges for passenger flights by as much as 12.9 per cent from May 16, after a series of increases that began in March. For long-haul flights, the surcharge will fall from HK$1,560 (US$199) to HK$1,362 per leg of the trip. The rate for medium-haul…
Fewer than 5 per cent of Hong Kong flights have been cancelled for May and June combined, and about 1 per cent during the peak July travel period, the Airport Authority has said, despite a global fuel crisis triggered by the Middle East war, adding it would review charges to ease the industry’s burden. Responding…
Cathay Pacific Airways has raised HK$2.08 billion (US$265.4 million) by selling Hong Kong dollar-denominated bonds to boost its working capital, tapping the public bond market for the first time. Hong Kong’s flag carrier said on Friday that the bond issuance was the biggest of its kind by a locally based, non-public sector company. The three-year…
Hong Kong International Airport expects revenue to grow by up to 10 per cent this year despite disruptions from the Iran conflict, with its chief executive aiming to position it as an alternative hub to the Middle East. In a wide-ranging interview with the South China Morning Post on Thursday, Airport Authority Hong Kong CEO…
Greater Bay Airlines has suspended its flights between Hong Kong and Bangkok for more than four months amid surging fuel prices driven by the conflict in the Middle East. The airline’s website on Thursday showed no flights from Hong Kong to Bangkok between May 11 and September 22, and none from Bangkok to Hong Kong…