Home » Posts tagged with "Cathay Pacific restructuring"

Posts tagged with "Cathay Pacific restructuring"

Cathay Pacific swings to black after two years of loss

Cathay Pacific swings to black after two years of loss

Mar. 13 | Hong Kong flag carrier Cathay Pacific Airways said it returned to profitability last year, both in its core airlines business and as a group, as it entered the third year of its three-year restructuring program. In a statement on March 13, the Cathay...

Qatar Airways’ entry in Cathay Pacific could bring complications—analysts

Qatar Airways’ entry in Cathay Pacific could bring complications—analysts

Nov. 11 | The acquisition by Middle Eastern carrier Qatar Airways of shares in Cathay Pacific Airways is expected to potentially complicate the Hong Kong flag carrier’s restructuring plan aimed at pruning costs and reverting to profit, according to industry watchers. Qatar...

Cathay Pacific retrenches hundreds under restructuring plan

Cathay Pacific retrenches hundreds under restructuring plan

May. 22 | Hong Kong flag carrier Cathay Pacific Airways announced May 22 it will be making around 600 people redundant in its head office. “This is part of a transformation programme to make Cathay Pacific and Cathay Dragon more effective by improving the speed...

Cathay Pacific restructuring looms amid increasing competition

Cathay Pacific restructuring looms amid increasing competition

Jan. 20 | Hong Kong-based Cathay Pacific Airways is to review its organizational structure and effect a massive revamp, cost reduction, and job layoffs in response to a stronger competition and increased global economic volatility. It said that “there is...
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