Ronald Lam Siu-por – Charm

Hong Kong’s Cathay Pacific to increase profit-sharing bonus after strong recovery

3 weeks ago02 mins

The chief executive of Hong Kong’s Cathay Pacific Airways has told staff that the airline expects to pay a higher profit-sharing bonus for 2025 than the previous year, as the carrier posted stronger financial results and benefited from a record customer satisfaction score. In a letter circulated to employees on Wednesday, CEO Ronald Lam Siu‑por…

Air China’s HK$1.32 billion Cathay stake sale ‘tactical’, Hong Kong carrier CEO says

2 months ago02 mins

Air China has sold part of its stake in Cathay Pacific Airways for HK$1.32 billion (US$167 million), but the Hong Kong carrier’s CEO has said the move will not affect the mainland airline’s role as a strategic shareholder. Cathay Group CEO Ronald Lam Siu-por said on Tuesday that the sale of a 1.6 per cent…