The headline follows up with a question: What looks like fierce competition may be more a lovers’ tiff in transit to an aviation marriage of convenience. The pressure applied to Cathay Pacific was the latest example of China using its influence to force airlines to change their business practices, but not the first. Cathay Pacific Group Releases Combined Traffic Figures for May 2018 Tuesday, June 19, 2018 . The Civil Aviation Administration of China (CAAC) has informed Cathay Pacific that as of Saturday, August 10, 2019, they’ll have to restrict what crews can fly to China . The international carrier has 33,000 employees but more than a fifth of its flights still go to the Chinese … Ken and The Cabin A Cathay Pacific plane lands at Hong Kong International Airport. Latest news and opinion on Cathay Pacific and its impact on the Hong Kong economy. Cathay Pacific Airways © 2012 | About Cathay Pacific Cargo | Privacy | There were 309 passengers and a crew of 13 on board. Hong Kong's Cathay Pacific Airways Ltd (0293.HK) said on Wednesday it was focused on preserving cash after it posted a record annual loss of HK$21.65 … The pilot was released on bail. Photo: Cathay Pacific Cathay axes Canadian base. In the 1960s and 1970s, as China suffered under the Cultural Revolution and other self-inflicted blows, Hong Kong forged ahead, with Cathay Pacific one of its key global ambassadors. Cathay Pacific Flight 780 was a flight from Surabaya Juanda International Airport in Indonesia to Hong Kong International Airport on 13 April 2010. Chinese aviation authorities met with Merlin Swire — the billionaire head of Cathay's biggest shareholder, Swire Pacific — that same day. Hong Kong’s Cathay Pacific has raised $650 million in its first U.S. dollar bond in 25 years, a term sheet seen by Reuters showed on Monday.. [14] W HEN Cathay Pacific celebrated its 60th anniversary in 2006, the number of mainland Chinese taking airline flights – domestically or internationally – each year stood at 158 million. By 2005, Cathay Pacific owned 18 per cent of the airline, with its parent, Swire Pacific owned 7.71 per cent; China National Aviation Holding owned 43 per cent and CITIC Pacific owned 28.5 per cent. Photo: Getty Images. The South China Morning Post, Hong Kong’s most respected English daily, leads with a headline entitled, “For Air China and Cathay Pacific, it’s one country, two airlines (but how long?)”.. The permission, granted by Chinese mainland authorities, may be seen as a gesture of confidence towards CX. Air China Limited and Swire Pacific Limited together continue to hold 74.99 per cent shares of the airline. Cathay appears to have become a target of Beijing’s ire after some of its crew joined pro-democracy protests. Subsequently, the airline suspended him from flying. Cathay Pacific has announced it is closing its subsidiary Cathay Dragon and cutting 8,500 jobs. Cathay Pacific is reeling from a record loss of $2.8 billion in 2020, and is looking to save money where it can. Mainland aviation authorities have granted Cathay Pacific the rights to fly to 15 Chinese cities, while upstart Greater Bay Airlines’ bid to operate more than 100 routes appears to be progressing. As such, the airline is seeking to close a … This modified service offering is strictly a temporary measure … Meanwhile, Cathay Dragon’s peak network consisted of 48 aircraft flying to 50 destinations, including 42 weekly flights to Beijing and 70 weekly flights to Shanghai, according to the SCMP. Mainland China - English; ... Aircraft is the catalyst for Cathay Pacific to launch new destinations and provide an enhanced travel experience Tuesday, June 19, 2018 . Cathay Pacific has announced it is closing its subsidiary Cathay Dragon and cutting 8,500 jobs. (Photo by Anthony WALLACE / AFP) (Photo credit should read ANTHONY WALLACE/AFP/Getty Images) Could foreign transit passengers flying with Cathay Pacific be subject to the new Chinese law? Cathay Pacific shares plunge after China warning on protests. Embattled Hong Kong airline Cathay Pacific Airways Ltd. and its two main shareholders have suspended trading of their shares pending an announcement. One Cathay Pacific pilot was already arrested during the riots on July 28, 2019. China's aviation regulator has ordered the Hong Kong-based airline Cathay Pacific to suspend any staff who support pro-democracy protests in the territory. The airline's primary hub is Hong Kong International Airport. South China Morning Post reported that Swire Pacific was in advanced negotiations that would see Cathay Pacific taking over Dragonair. Cathay Pacific is closing its Canadian pilot base; others are at risk. Commenting on the share acquisition, Cathay Pacific Chief Executive Officer, Rupert Hogg said “Qatar Airways is one of the world’s premier airlines. MIAMI – After cutting off its regional arm in October 2020, Cathay Pacific Airways (CX) has regained permission to fly most of the routes left vacant by Cathay Dragon (KA).. The Cathay Pacific Group modifies inflight services on mainland China flights Wednesday, 29 January 2020 — The Cathay Pacific Group is implementing temporary service modifications on all Cathay Pacific and Cathay Dragon flights to and from destinations in mainland China effective 30 January 2020. until further notice. Cathay Pacific Airways got permission to fly to 15 cities in mainland China, losing 5 routes previously served by now-defunct Cathay Dragon. It is also a parent company of Cathay Dragon. The Civil Aviation Administration of China (CAAC) granted the Hong Kong-based Cathay Pacific the approval to operate both passenger and cargo services to 15 mainland cities, including Fuzhou, Qingdao, Xiamen, Guangzhou, and Wuhan. The move comes as Cathay Pacific … The 1954 Cathay Pacific Douglas DC-4 shootdown happened on 23 July 1954, when a Cathay Pacific Airways C-54 Skymaster airliner was shot down by fighter planes of the People's Republic of China. The Cathay bailout was, in the end, remarkably similar to those of other airlines around the world. Cathay Pacific Airways Ltd. (CPA), also known as Cathay Pacific or Cathay, is the flag carrier of Hong Kong, with its head office and main hub located at Hong Kong International Airport.The airline's operations and subsidiaries have scheduled passenger and cargo services to more than 190 destinations in more than 60 countries worldwide including codeshares and joint ventures. Well, the South China Morning Post is reporting on how China is now looking for a new way to exert control, and it involves Cathay Pacific. The event occurred off the coast of Hainan Island, where the plane was en route from Bangkok to Hong Kong, killing 10 of 19 passengers and crew on board.. Cathay Pacific serves more than 200 destinations in Asia, Europe and the Americas. As Flight 780 neared Hong Kong the crew were unable to change the thrust output of the engines. A Cathay Pacific passenger plane takes off from Hong Kong's international airport on March 13, 2019. The airline had no choice but to cave in, as Cathay Pacific operates 23 routes to mainland China, with many more flights going through Chinese air space. Cathay Pacific’s route network to China before COVID-19 consisted of flights to Beijing and Shanghai. Cathay Pacific became the target of mainland China’s ire after one of the airline’s pilots was arrested late last month in Hong Kong and charged with rioting. 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