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Old January 9th, 2005, 05:21 PM   #221
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Marco Polo wrote about Cathay, but the name was already used before, so it didn't appear for the first time in his works.

By jzs @ HKADB :





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Old January 10th, 2005, 05:25 PM   #222
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國泰機師南非潛水遇溺

定 居 本 港 的 澳 洲 籍 洞 穴 潛 水 高 手 在 南 非 潛 水 失 蹤 , 當 地 警 方 恐 他 已 遇 溺 。 曾 打破 深 水 潛 水 世 界 紀 錄 的 Dave Shaw 前 日 潛 入 南 非 最 深 淡 水 洞 , 圖 打 撈 十 年 前 遇 溺 的潛 水 員 骸 骨 , 但 反 而 在 二 百 七 十 米 深 水 底 與 地 面 失 聯 絡 。 Dave 在 港 定 居 近 十 六 年, 現 職 國 泰 檢 查 及 訓 練 部 機 長 , 其 妻 是 德 瑞 國 際 學 校 副 校 長 , 兩 名 子 女 均 住 澳 洲 。

據 外 電 報 道 , Dave 去 年 十 月 刷 新 深 潛 的 世 界 紀 錄 時 , 在 南 非 Boeamansgat 洞 內 赫 然 發 現 一 九 九 四 年 失 蹤 的 年 輕 潛 水 員 Deon Dreyer 骸 骨 。 今 年 Dave 與 一 批 潛 水 拍 檔 組 成 打 撈 隊 , 嘗 試 將 骸 骨 撈 上 水 面 , 可 是 當 其 他 潛 水 員 返 回水 面 後 , 卻 發 現 正 準 備 上 水 的 Dave 潛 到 二 百 七 十 米 水 深 後 在 水 底 消 失 , 他 原 本 預計 在 該 深 度 可 接 觸 到 Deon 的 骸 骨 。

Dave 的 一 名 潛 水 拍 檔 其 後 在 水 底 嘗 試 尋 找 他 , 卻 未 能 確 定 其 位 置 , 遂 立 即 報 警 求助 。 當 地 警 方 到 場 後 , 認 為 危 險 性 太 高 , 根 本 不 可 能 潛 入 洞 內 搜 查 。 南 非 新 聞 聯 合社 引 述 警 方 現 場 的 潛 水 員 指 他 已 溺 斃 , 南 非 警 方 指 他 生 還 的 機 會 很 微 。

疑 呼 吸 器 出 問 題 肇 禍
Dave 三 個 多 月 前 在 該 洞 創 下 九 小 時 內 深 潛 二 百 七 十 一 米 水 深 的 紀 錄 , 約 等 同 八 十 層 樓 的 高 度 , 事 更 刊 登 在 國 泰 內 部 刊 物 《 國 泰 天 地 》 上 。 國 泰 發 言 人 昨 回 應 時 稱 , 為 尊 重 其 家 人 的意 願 , 暫 只 能 證 實 有 一 名 公 司 職 員 失 蹤 , 南 非 警 方 正 進 行 調 查 , 有 同 事 現 正 陪 同 其家 人 。 Dave 在 其 網 頁 上 稱 , 他 及 隊 員 ○ 四 年 十 月 已 開 始 計 畫 這 個 打 撈 任 務 , 更 形容 今 次 潛 水 是 獨 一 無 二 及 偉 大 的 行 動 。

澳 洲 洞 穴 潛 水 學 會 主 席 麥 當 勞 稱, 二 百 米 以 下 水 底 非 常 危 險 , Dave 的 呼 吸 器 可 能 出 問 題 。 他 指 深 潛 的 潛 水 員 需 要混 和 不 同 比 例 的 氣 體 呼 吸 , 因 純 氧 氣 對 人 體 有 害 , 而 氮 氣 在 他 身 處 的 深 度 亦 會 起 麻醉 作 用 , 在 該 深 度 如 Dave 失 去 知 覺 便 不 能 自 救 。
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Old January 11th, 2005, 12:44 AM   #223
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'There was always a chance he wouldn't come back'
Simon Parry
11 January 2005
South China Morning Post

The wife of a Cathay Pacific pilot who died on a mercy mission in one of the world's deepest underwater caves said she had long faced the possibility of her husband's death.

"There was always a chance he wouldn't come back one day. It is something I have always known I might one day have to face," Ann Shaw said yesterday.

Australian Dave Shaw, who holds the world record for deep-cave diving, failed to return on Saturday after swimming 270 metres down into a cave in South Africa to try to retrieve the body of a diver who disappeared there in 1994.

The 50-year-old father of two, who had worked in Hong Kong since 1989, first located the body of 20-year-old Deon Dreyer when he dived into treacherous Boesmansgat, or Bushman's Cave, in the Kalahari desert last October, while breaking his own world record for deep-cave diving.

Mr Dreyer's family then appealed to him to go back into the cave and retrieve their son's body.

Shaw returned with a nine-member team of international divers as support but - after diving down to 270 metres using special equipment that recycles air - he failed to make it back to a checkpoint 50 metres closer to the surface.

Mrs Shaw, the deputy principal at Hong Kong's German-Swiss International School, yesterday described her husband's hobby as "unforgiving".

"He always did like a challenge," she said of his last mission. "Dave was meticulous. He always planned for equipment failures and things like that - but the unexpected happens and something he couldn't plan for must have happened. We will probably never know exactly what went wrong."

Mrs Shaw said of her husband's passion for deep-cave diving: "I never tried to talk him out of it. We have been married for 30 years. I knew what he was like, I knew this sort of thing gave him so much enjoyment.

"I couldn't keep him tied down. He was like a bird. You put a bird in a cage or you let it fly free. If you put him in a cage, he is never really happy. Having him fly free was always a risk."

Shaw, a training pilot who flew Airbues for Cathay, began diving when his son Steven, now 23, took his PADI scuba course.

"Dave thought it was something they could do together, but he found that kind of diving fairly unchallenging. He liked to go where other people couldn't go," Mrs Shaw said.

"Most of the time, we had an unspoken agreement that he would tell me things when he got back from a dive - after he did it.

"This time, I knew what he was doing beforehand. In many ways this was far safer than some of the other dives because there was so much support.

"But, of course, when he got down to 270 metres, there was only him and he knew that. Dave told me that with this sort of diving, if something goes wrong, you have to rely on yourself because if you rely on someone else you will have two deaths."

Before making his final dive, Shaw insisted that no one should go down to try to retrieve him if anything went wrong. Mrs Shaw said she realised her husband's body would probably never be retrieved because it was at such a depth, but said that did not trouble her. "It's not him; it's just his body," she said.
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Old January 11th, 2005, 03:22 PM   #224
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11 January 2005
Corporate Press Release
Cathay Pacific launches daily Shanghai freighter services

Cathay Pacific Airways today announced that it will launch daily freighter services to Shanghai from 27 January 2005, further expanding the airline’s Mainland network and strengthening Hong Kong as the predominant gateway to the Mainland.

Shanghai will be the second Mainland city that Cathay Pacific serves. The airline resumed passenger services to Beijing on 2 December 2003 after a break of 13 years, and now operates daily services to the capital city. Cathay Pacific has also been allocated rights upon designation to operate three weekly passenger services to Xiamen and will launch services in late February 2005, subject to operational requirements.

Cathay Pacific Director and General Manager Cargo Ron Mathison said: "Cathay Pacific's new freighter service will connect China's biggest commercial centres and provide direct links across the Cathay Pacific network from Shanghai to destinations throughout the region and beyond to major markets in Europe and North America. The service will further strengthen Hong Kong as a global logistics hub and gateway to the Mainland and we plan to add additional freighter frequencies to Shanghai in the near future”

The daily freighter services to Shanghai will be operated by a B747-200 freighter aircraft.
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Old January 12th, 2005, 01:36 AM   #225
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South China Morning Post
January 10, 2005
Cathay chief steers bold course; The first Chinese head of Hong Kong's iconic carrier leads the airline through a fiercely competitive era in aviation
Joseph Lo

AT A RECENT CONFERENCE, a panel of senior local business leaders was asked to pontificate on the future of Hong Kong over the next 100 years.

Most had considered themes and well-prepared scripts. The exception was a senior aviation executive whose contribution was noted for its self-confident delivery, yet near complete absence of content.

The executive's public poise and good humour enabled him to sail through a performance that is cannon fodder for most corporate bosses.

In this case, the audience left the event none the wiser about his personal opinions but would have been aware they were listening to a true professional.

The new boss of Cathay Pacific Airways, Philip Chen Nan-lok, is a hard man to pin down. His professional record is impressive, while his youthful bonhomie makes him a new breed of boss for Hong Kong's dominant airline.

He inspires powerful responses, yet - as in the case of the conference delegates - it is hard to know when you are getting the real thing.

While Mr Chen was unavailable for this article, there is no shortage of opinion as to what makes him run. Some point to thinly disguised political ambitions while others reckon his drive for success partly stems from his relatively humble beginnings, which contrast with those of his wife, who comes from a well-heeled family.

Mr Chen inspires praise and criticism in equal measure. There is envy of his fabulously fast-tracked career but praise for his inspiring business leadership is equally commonplace.

"There's always a lot of jealousy when someone does well. And Philip is one of the most driven, ambitious people I know. He's also smart as a whip," one of his admirers said.

Having joined the Swire group in 1977 as a management trainee, he climbed progressively up the corporate ladder, emerging as a director of Cathay Pacific in 1997 and taking on the chief operating officer role a year later.

Perhaps the seminal event of Mr Chen's career was his appointment in 1990 to Dragonair, which at the time was a struggling start-up airline that flew short-haul routes.

"Philip did a fantastic job at Dragonair. He didn't just turn it around as a subsidiary of Cathay, he made it possible for that airline to be extremely profitable and capable of standing on its own feet," the admirer said.

"People are always envious of success and Philip has had a lot of it during his career. But he's always been there for the community - which is more than you could say for a lot of other successful business people in this city," another of Mr Chen's admirers said.

The first ethnic Chinese head of Hong Kong's iconic global brand has acquired numerous badges of success, including a Justice of the Peace appointment and a Silver Bauhinia Star award.

The list of charitable activities and community work that Mr Chen is involved in is a long one that ranges from anti-corruption work with the Independent Commission Against Corruption to involvement with educational institutions.

Mr Chen, who graduated from the University of Hong Kong, is a member of the school's grants committee, serves on the advisory committee of the Hong Kong University of Science and Technology's business school, and is a trustee of the Friends of Tsinghua University Law School Charitable Trust.

However, Cathay has also seen its fair share of infighting - both within the management ranks as well as with staff. Mr Chen seems to have navigated this struggle well but has picked up detractors along the way.

One former Cathay manager who worked closely with Mr Chen during the 1990s noted: "He is a Janus-faced individual. Have you ever seen him without the plastic smile that he feeds the public? Well, I have and it's not pretty."

The manager, who readily admits to past professional differences with Mr Chen, said that he had carefully surrounded himself with a clique of supporters within the company who advised him and helped protect his every move.

"Either you're with him or you're against him. There's no middle ground," he said.

Given Cathay's mainland ambitions, it was perhaps inevitable that Cathay would appoint a Chinese person to the chief executive job chosen from the relatively small phalanx of local executives that entered the firm in the 1970s.

One high-profile British executive, who is intimately familiar with both Mr Chen and Swire, said that three Chinese executives of Mr Chen's generation had been identified early in their careers as future Cathay leaders. Of these three individuals, only Mr Chen remains with Swire.

Stanley Hui Hon-chung, resigned from Cathay in the mid-1990s to lead a semi -independent Dragonair (Cathay remains one of its major shareholders) while Linus Cheung Wing-lam left Swire for Hongkong Telecom, the predecessor of PCCW, in which he later served as deputy chairman.

"Philip is a steady airline manager, but Stanley and Linus were very well thought of too," the manager said. "It was a real shock when Linus left Swire and the airline industry for Hongkong Telecom," he said. "If all three remained in Swire, it would have been tough to pick out a new chief executive."

Looking forward, Cathay is on the cusp of an era of immense opportunity. Having grown in the 1990s, it is now a major world-class airline renowned for its safety record and excellence and customer service.

This was achieved against a backdrop of explosive economic growth and a regulatory regime favouring domestic carriers. The emergence of low-cost carriers and a changed environment at a soon-to-be privatised Chek Lap Kok airport change those dynamics. Fortunately for Mr Chen, his predecessor - now the company chairman - oversaw painful staff relations disputes that will likely play out for some years to come.

The biggest challenge he faces is likely to be making the mainland market work and convincing a cash-strapped government that what is good for Cathay Pacific is good for Hong Kong.

Biography

Philip Chen, 49, joined Swire as a graduate trainee in 1977. From 1989 to 1992, he was based in Beijing as the general manager of Swire China. He went on to become regional general manager of Southeast Asia for Cathay Pacific, based in Singapore, in 1992. Mr Chen served as chief executive of Dragonair from 1994 to 1997 before being appointed chief operating officer in 1998.

A graduate of the University of Hong Kong, he was employed by the school from 1984 to 1988, during which he was in charge of the MBA programme's marketing module. He is a member of the university's grants committee and also serves on the advisory committee of the Hong Kong University of Science and Technology's business school. Mr Chen is married with two children.
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Old January 12th, 2005, 04:55 PM   #226
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12 January 2005
Corporate Press Release
Cathay Pacific releases December 2004 traffic figures

Cathay Pacific Airways today released traffic figures for December 2004 that show passenger and cargo volumes peaked with the advent of the Christmas holidays and new records for the year as a whole as the airline introduced new flights and capacity.

The airline carried 1,272,982 passengers in December, up from 1,187,548 passengers in November as leisure traffic hit its season high ahead of Christmas. December also saw a new capacity record, measured in terms of Available Seat Kilometres, or ASKs, as additional winter schedule services and holiday flights broke the previous record set in August 2004.

Traffic was little affected by the 26 December Indian Ocean tsunami as most holiday travellers had already reached their destination by that time.

The pre-Christmas cargo peak lasted a little longer than usual, right up to the start of the holidays. The airline carried 83,148 tonnes, down slightly from 86,933 shipped in November. The average cargo load factor dipped slightly to 68.2 percent.

Cathay Pacific set new records in 2004, carrying 13,663,958 passengers and 972,416 tonnes of freight over the 12-month period. The airline increased passenger and cargo capacity, with new and more frequent services to cities including Beijing, Sydney, New York and Moscow. Three wet-lease freighter aircraft boosted the cargo fleet. Cathay Pacific takes delivery of a new B747-400 freighter next month.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: “December was a good month ending a great year. Strong passenger numbers were supported by additional regional and long-haul services which strengthened our ability to generate connecting traffic through our hub in Hong Kong. Hong Kong’s position as a gateway to the Mainland will be further enhanced with the launch of a new service to Xiamen and double daily services to Beijing later this year.”

Cathay Pacific Director & General Manager Cargo Ron Mathison said: “Cargo growth continued to be driven by demand for exports from Southern China. Congestion in US West Coast seaports helped to boost demand for air cargo services as well. Business on trunk routes from Hong Kong to the United States, Europe and Japan remained strong throughout the year. Our service will be further improved with a new daily freighter service to Shanghai."

Traffic Details
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Old January 13th, 2005, 03:34 PM   #227
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13 January 2005
Corporate Press Release
Cathay Pacific to commence services to Xiamen

Cathay Pacific Airways today announced that it intends to commence passenger services to Xiamen from 28 February 2005.The airline will operate three return services a week, departing Hong Kong and Xiamen every Monday, Wednesday and Friday.

Cathay Pacific resumed services to Beijing with three weekly flights on 2 December 2003 after a break of 13 years, and upgraded to a daily service last month. The airline has also been granted rights to operate a second daily service to Beijing from the start of the Summer 2005 season. Two days ago, the airline announced it intends to operate a daily freighter service to Shanghai from 27 January 2005.

With more services the airline will be able to strengthen Hong Kong as a global hub and gateway to the Mainland by creating more of the same-carrier connections across its international network that customers prefer.

Cathay Pacific General Manager Sales Hong Kong & China Clement Lam said: “Xiamen has long held strong overseas connections. With three new weekly services to the city, Cathay Pacific will offer passengers greater choice in providing same-carrier connections through Hong Kong to points across the region and up to 90 destinations around the world. Our service will further strengthen Hong Kong as a global gateway to the Chinese Mainland, especially Fujian province.”
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Old January 14th, 2005, 01:29 AM   #228
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Dead diver fulfils his last mission; Pilot found 20m from cave's surface with remains of earlier victim
Simon Parry
14 January 2005
South China Morning Post

The final mission of Hong Kong deep-cave diver Dave Shaw has reached an emotional conclusion, with his body being recovered strapped to the remains of the young man he had promised to return to his parents.

Four days after he went missing, Australian Cathay Pacific pilot Shaw, 50, was found just 20 metres from the surface with the remains of diver Deon Dreyer, which he attempted to recover from the foot of the 282-metre-deep cave in South Africa on Saturday.

Shaw had asked that no attempt be made to recover his body if the mission went wrong. After his disappearance, his wife, Ann, said she was content for Boesmansgat, one of the world's deepest freshwater caves, to be his final resting place.

Footage from a video camera strapped to Shaw's helmet reportedly shows he got tangled in lines and equipment as he worked to recover the body of the 20-year-old diver, and was unable to cut himself loose before his oxygen ran out.

The bodies of Shaw and Dreyer, who died in a 1994 diving accident, are believed to have floated towards the surface as police divers worked to pull up equipment used in Saturday's mercy mission. Shaw discovered Dreyer's remains during a deep-diving world record attempt in October. Unable to free him because his air tanks were lodged in silt at the foot of the cave, he promised Dreyer's parents to return to retrieve the body.

Working with nine international divers, he had just five minutes to release Dreyer's body before taking it up to a colleague at 220 metres. However, he appears to have died after getting tangled in equipment and running out of oxygen.

"On the [video] tape, you can hear Dave breathing harder and harder and harder. Then there's silence," team member Peter Herbst was quoted as saying in a South African newspaper. "He'd got to the body and was working {hellip} It looks like he ran out of time.

"It looks like he tried to give up and get out but he got entangled in the cave line. He kept trying to cut the line, but he couldn't."

Mrs Shaw received a late-night call on Wednesday to tell her that her husband's body had been recovered. She said the news had come as "a great shock".

"This was something I had neither expected nor wanted," Mrs Shaw said yesterday. "However, I hope that this will bring comfort and completion to both families. I would like to thank the many, many people here in Hong Kong, in Australia, in South Africa and other parts of the world for their prayerful support and kind words of comfort - many people that I know and love, but also many others that I have never met.

"There is a big hole in my heart which will take a long time to heal, but I am reminded of the words to Joshua in the Bible: 'Do not be discouraged or afraid, for I the Lord your God am with you wherever you go'. This has been the case in the past, and I know it will be the case in the future."

A memorial service will be held for Shaw at St Andrew's Church in Kowloon at 4pm next Friday.
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Old January 14th, 2005, 06:14 AM   #229
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Goodbye Dave.
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Old January 14th, 2005, 11:17 PM   #230
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Friday January 14, 5:21 PM
Hong Kong-bound Cathay Pacific plane from Los Angeles lands in Taipei after developing engine problem

A Hong Kong-bound Cathay Pacific Airways flight from Los Angeles was diverted to Taiwan after developing engine trouble, but no injuries were reported, the airline said Friday.

Flight CX883 carrying 220 passengers landed in Taipei on Wednesday after its No. 4 engine showed fluctuating readings, forcing the pilot to shut it down, Cathay's spokeswoman Carolyn Leung said.

The incident was revealed Friday by the Apple Daily newspaper, which said it was the fourth incident involving one of Cathay's Boeing 747-400 jets in recent months. The airline had been forced to abort several flights because of engine troubles.

Leung said the pilot of Flight CX883 landed in Taipei because the plane would use more fuel operating on three engines and thought it might not have enough fuel to reach Hong Kong.

Leung said the passengers were transferred to another Cathay jet and flew back to Hong Kong on Wednesday morning _ two hours later than scheduled.

She said the airline was still investigating the problem.

The Civil Aviation Department had ordered Cathay to inspect all of its 24 Boeing 747-400 jets after one London-bound flight was forced to return to Hong Kong last September with engine trouble. Cathay later said it found problems with the fuel exhaust pipes on 27 jet engines, which were then repaired or replaced.

Civil Aviation Department spokeswoman Stella Tse said Friday Cathay has not yet submitted a report about its findings to the government.

Last month, the airline said it was suspending flights of four of its 10 Boeing 777-300 jets after an engine part fell off one of them and smashed onto a car as the plane flew over Thailand.
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Old January 15th, 2005, 08:46 PM   #231
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Rising to the occasion
Cathay Pacific looks forward to another uplifting year in the region

13 January 2005
South China Morning Post

IT IS A SUCCESS story Hong Kong people sometimes almost take for granted: one million passengers a month and growing, 1,300 flights a week and climbing, and 17 new aircraft worth about US$1.7 billion on order to cope with unparalleled expansion.

"This past year we think is one of the best years Cathay Pacific has ever seen," said Ian Shiu, general manager for revenue management, sales and distribution. "Each month has been a record-breaking month."

Chief operating officer Tony Tyler said news of Cathay's triumphs and huge new aircraft orders were unlikely to raise eyebrows in its home city. "It is just another day's work for Cathay, and people sometimes don't understand quite what commitments we are taking on.

"We are on our own. We are not subsidised by any government. We live on our wits, and the capital we have accrued over the years - financial, human and intellectual - is what we've got going for us. This is just a great company to have the privilege of being a senior manager for.

"The staff at Cathay have done a fantastic job during Sars and since. We are doing what we are doing now because we have complete confidence in the ability of Hong Kong to thrive as a hub. We are bullish about the future of this place."

Less than two years after the Sars crisis, the airline is already in the midst of one of the biggest periods of expansion in its history. And the next 12 months will be critical to its mission of reinforcing Hong Kong's position as a global passenger and cargo hub.

Expanding the airline's network of flights in and out of the mainland is a key to that mission, and by the summer there will be twice daily flights to Beijing and regular flights to Shanghai and Xiamen.

Extending the network of flights will also strengthen Hong Kong's position as a hub by allowing people to catch timely connections to major Chinese cities from around the world via Hong Kong.

It will also allow increasing numbers of mainland passengers heading for other destinations to fly through Hong Kong in the same way that many Japanese passengers already travel via Chek Lap Kok.

Cargo as well as passenger traffic is already playing a key role in Cathay's expansion, which now accounts for a third of Cathay's business.

"Both passenger and cargo sides are going very well. We are seeing very strong growth. We are going to be adding capacity of 10 to 12 per cent this year on top of quite aggressive growth last year. We just have to hope it continues."

Challenges lie ahead this year, however - not least the arrival of the new Guangzhou airport which, in the long-term, could potentially offer passengers the chance to bypass Hong Kong. Mr Tyler insisted that although Guangzhou presented a challenge, it did not represent an immediate threat.

"Hong Kong has more flights to Bangkok in a day than Guangzhou has in a week. There is almost no scheduled service between Guangzhou and Europe. Lufthansa and Air France have just started but that is about it. Hong Kong has a massive advantage.

"Hong Kong is the hare and Guangzhou is the tortoise, and the hare is well ahead. But we have got to keep the hare running - there can be no resting for the hare. Everyone involved is absolutely aware of that." Red Door News
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Old January 16th, 2005, 12:51 AM   #232
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suspending 10 Boeing 777, the service must be greatly affected.
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Old January 16th, 2005, 09:39 PM   #233
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16 January 2005
Corporate Press Release
Cathay Pacific stages walk-in day to recruit cabin crew

Cathay Pacific Airways today kicked off its 2005 recruitment drive with a Walk-in Day for flight attendants. Candidates interviewed for the opportunity to become a member of the cabin crew team that has helped to make Hong Kong's home airline an international leader.

Cathay Pacific has already announced that it will add 11 new aircraft to its fleet this year, creating 1,500 job opportunities – including 1,200 for cabin crew and 200 for ground staff – to support one of the airline’s fastest periods of growth in its almost 60-year history.

The airline is also adding new services and will launch a thrice-weekly flight to Xiamen from 28 February 2005, subject to approval, and operate a twice-daily service to Beijing later this year, strengthening connections between Hong Kong and the Mainland and Hong Kong’s position as a global hub.

Successful candidates will begin a 6-week training programme in April that will equip them with the knowledge and skills to deliver the standards of service for which the airline is renowned.

Cathay Pacific Manager Cabin Crew Shirley Au Yeung said: “Cathay Pacific creates a wide range of employment, training and career development opportunities, already employing more than 11,000 Hong Kong people. We are very encouraged by today’s turnout and expect to find some suitable candidates. But this is just the beginning. Our recruitment activities will continue throughout the year as we search for the right people to deliver our signature Service Straight From The Heart.”

Cathay Pacific recruited about 500 flight attendants in 2004.
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Old January 17th, 2005, 05:12 AM   #234
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From today's (17 Jan) HK press, CX may buy 5 Airbus A380s.
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Old January 17th, 2005, 06:42 PM   #235
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Chinese airlines to acquire 5 Airbus super jumbos
17 January 2005
Les Echos

According to yesterday's 'Sunday Times', Chinese airlines Air China and China Southern have ordered five Airbus A380 super jumbos between them and taken out an option on another five. Hong-Kong based Cathay Pacific has reportedly placed a similar order.

There have already been 139 firm orders for the A380 and 10 intentions to purchase. According to Airbus chairman Noel Forgeard, the super jumbo programme will produce its first profits in 2008. The project is costing more than 10bn euros to carry out.
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Old January 18th, 2005, 03:33 PM   #236
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18 January 2005
Corporate Press Release
Cathay Pacific commences training for Air China cabin crew

Cathay Pacific Airways today welcomed the first batch of Air China cabin crew trainees to begin a 12-month training secondment with Cathay Pacific.

This follows an agreement reached in September last year, under which Cathay Pacific will train 80 Air China crew before they return to Beijing to resume their careers as flight attendants at their own airline. They will arrive at Cathay Pacific in four groups of 20. The second group will arrive later this year

The trainees will attend and need to pass a stringent induction training course undertaken by Cathay Pacific cabin crew recruits to learn about in-flight safety and service and communication skills. After seven weeks’ training, they will then work as regular uniformed crew on Cathay Pacific flights under the guidance of assigned mentors to gain practical experience.

The Air China training programme is similar to the one for China Eastern Airlines cabin crew started in November 2002. The first batch of 40 China Eastern trainees is about to complete their training with Cathay Pacific in May, with a second batch of 40 trainees due to arrive next month.

Cathay Pacific Career Development and Resourcing Manager Patton Chan said: “Both the Cathay Pacific and Air China crew stand to gain a great deal from the programme. Air China trainees will have a chance to learn more about the operating procedures, products and strategy of an international airline, and Cathay Pacific staff will be able to gain a better understanding of Chinese Mainland people and cultural sensitivities.”

The training arrangement builds on the longstanding relationship developed between Cathay Pacific and Mainland carriers. The airline has also been in cooperation with the Civil Aviation Administration of China (CAAC) in senior management training for the past 10 years. The training for senior managers aligns with the increasing demand for civil aviation management professionals and will facilitate an exchange of knowledge and experience that will help enhance each organisation’s international competitiveness.

Over the past decade 58 managers have been seconded to Cathay Pacific from CAAC, the North China Regional Administration and East China Regional Administration of CAAC, Air China, China Eastern Airlines, China Southern Airlines, China Northern Airlines, China Xinjiang Airlines, China Yunnan Airlines, CNAC Zhejiang Airlines, China Southwest Airlines, China Northwest Airlines and the Civil Aviation University of China.
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Old January 19th, 2005, 05:35 PM   #237
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18 January 2005
Corporate Press Release
Cathay Pacific to sponsor the International Chinese New Year Night Parade

Cathay Pacific Airways today announced that it is proud to be the title sponsor of this year’s Cathay Pacific International Chinese New Year Night Parade – the centrepiece of Hong Kong’s Chinese New Year celebrations. This is the seventh year that the airline will sponsor the event, which has become a major international attraction and a Hong Kong family tradition.

On 9 February 2005, the first day of the Lunar New Year, the Cathay Pacific float will lead another 11 local and international floats accompanied by 29 performing groups from around the world to usher in the Year of Rooster. The parade will start at the Tamar Site in Admiralty and wind along the Wan Chai waterfront.

The theme of Cathay Pacific float this year will be “Flying from our home Hong Kong to the world”. The float will incorporate a Cathay Pacific aircraft, a globe, landmark Hong Kong buildings and Hong Kong International Airport, signifying the airline’s effort to connect Hong Kong to the world and strengthen the city as the global aviation hub.

As in previous years, more than 100 Cathay Pacific pilots, cabin crew and airport staff will join the parade. This year, staff and crew will reveal the airline’s new-look uniform to the public for the first time.

Cathay Pacific Chief Executive Philip Chen said: “Cathay Pacific is delighted to be the title sponsor of the International Chinese New Year Parade. Great cities over the world have signature parades. The Cathay Pacific International Chinese New Year Parade is truly unique to Hong Kong – not only as a great tourist attraction but also as part of a celebration that is special to everyone in Hong Kong. As Hong Kong’s airline, we are pleased to have the opportunity to take part and help bring performers and visitors from all over the world join in the festivities.”


Cathay Pacific Chief Executive Philip Chen and Hong Kong Tourism Board Executive Director Clara Chong unveil the float designs of Cathay Pacific and Hong Kong Tourism Board.


Cathay Pacific Chief Executive Philip Chen announces details of the Parade and wishes everyone in Hong Kong a happy and prosperous New Year.


Cathay Pacific Chief Executive Philip Chen and Hong Kong Tourism Board Executive Director Clara Chong, together with Mascot for Year of the Rooster, at the “2005 Cathay Pacific Chinese New Year Night Parade” Press Conference.
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Old January 20th, 2005, 03:44 PM   #238
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Cathay Pacific to extend fuel surcharges at a lower rate in Hong Kong
20 January 2005

HONG KONG (AP) - Cathay Pacific Airways Ltd. said Thursday it will extend levies charged to passengers flying in or out of Hong Kong due to high oil prices, but will lower the surcharges by 40 percent.

Cathay will impose a surcharge of US$5.30 (euro4.10) on short-haul flights and US$15 (euro11.60) on long-haul flights between Feb. 1 and March 31 following approval from the government, the airline said in a statement.

The new fees represent a 40 percent reduction from the airline's current surcharges -- which will end Jan. 31 -- of US$9.20 (euro7.10) on short-haul flights and US$27 (euro20.90) on long-haul flights.

Hong Kong airlines are required to secure the approval of the Civil Aviation Department to levy fuel surcharges on passenger flights.
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Old January 21st, 2005, 06:47 AM   #239
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Lex live: Cathay Pacific.
17 January 2005
Financial Times (FT.Com)

This month will see the first direct flights between China and Taiwan since 1949. The temporary relaxation of the ban is a big step forward for Cross-Straits relations but a small step back for Cathay Pacific. The Hong Kong flag carrier, which has weathered numerous storms in recent years, owes its busiest route - between Hong Kong and Taiwan - to the ban on direct flights. Can it ride out this latest blow?

Much is in its favour. Cathay has emerged from a bumper year, flattered by comparison with the Sars-depressed 2003. It is finally prising open the Chinese market it was long denied, with regular flights and a 10 per cent stake in Air China, the mainland flag carrier. At the same time, its dependence on Taiwan is decreasing. The end of the duopoly on the lucrative Taipei-Hong Kong route has already cut Cathay's share of traffic from a half to just over a third of the total, and subsequent discounting has eroded tariffs. The route still accounts for an estimated 7-10 per cent of its revenues, but it should be able to recoup any further erosion through annual growth.

Even so, it is not all blue skies. Competition is growing; Hong Kong is one of the few corners of Asia yet to feel the impact of low cost carriers. Cathay's
low hedging makes it highly exposed to oil prices - just like its so-called 'riskier' rivals in China and Thailand. Cathay looks a better bet than its pricier Taiwanese peers, but investors should watch for the head winds.
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Old January 21st, 2005, 06:31 PM   #240
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Cathay, Ground Staff Agree Wage Rise

January 21, 2005

Hong Kong carrier Cathay Pacific Airways said on Friday that it will raise wage levels of Hong Kong-based ground staff by three percent in 2005 amid an improving job market.

Cathay and its local staff union, which represents 2,200 Hong Kong-based "Level A" ground staff, agreed a 7.5 percent pay rise spread over three years, the airline said in a statement.

Ground staff will get a 3 percent, 2.5 percent and 2 percent increase in 2005, 2006 and 2007 respectively, it said.

Hong Kong's unemployment rate fell to 6.5 percent in October-December from 6.7 percent and compared to a peak of 8.7 in 2003 as a booming tourism sector created jobs in the retail and hospitality industries.

Many Hong Kong companies expect to offer small wage increases this year as the economy improves, a survey on pay levels showed.

(Reuters)
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