Cathay Pacific – Page 11 – Charm

Cathay Pacific buys back warrants from Hong Kong government’s 2020 bailout

Cs news11 months ago02 mins

SEOUL (Reuters) -Airline Cathay Pacific has bought back all warrants issued to the Hong Kong government in 2020, another step in repaying the government for a pandemic-related recapitalisation package, the company said on Friday. Cathay said the buyback was for HK$1.53 billion ($196.2 million). At the end of July, the carrier carried out a buyback…

Inspections found defective engine fuel lines requiring replacement on 15 of Cathay

EU orders Airbus A350 inspections after Cathay engine fire

Cs news11 months ago06 mins

Europe’s aviation safety agency said Thursday it will require inspection of part of the fleet of Airbus A350 wide-body jets in operation after an engine fire on a Cathay Pacific flight. Rolls-Royce, which makes the engines on Cathay’s A350s, confirmed it was launching “a one-time precautionary engine inspection programme” and was “working very closely” with the…