Chinese airlines are reported luring pilots from financially pressured Hong Kong-based Cathay Pacific, at the backdrop of a possible reshuffle of alliances. As the industry is facing a shortage of experienced pilots, recruiters are reportedly going to Hong Kong to hunt for Cathay pilots on behalf of Chinese carriers. March 2017, Cathay Pacific reported a […]
Kingboard Chemical announced selling a 9.61% share in Cathay Pacific Airways to Qatar Airways, making the latter the third-biggest stakeholder in Hong Kong’s flag carrier. This is also the first Middle Eastern investment into an East Asian airline. Kingboard Chemical announced the agreement of selling 9.61% of the total issued share capital of Cathay Pacific […]
On the 16th of December, Cathay Dragon, subsidiary of Hong Kong-based Cathay Pacific, announced replacing more than half of its fleet, namely the 15 A320 and eight A321 planes it currently flies. The company expects the first batch of replacement planes to be delivered by 2019. The company did not disclose whether it was eyeing […]
