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Old August 14th, 2014, 04:12 PM   #3001
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I've traveled with Cathay Pacific and Dragon air 4 times this year and I don't want to travel with them any more. The service is very good but there's one point that crosses out everything. The seats. They are always in upright position and you can't change it to sleep. For distances like Moscow - Hong Kong this May bee seen as burden.
Economy Class seats could not recline? I haven't come across any with CX/KA.
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Old August 14th, 2014, 05:39 PM   #3002
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They don't. I've searched the web, there are many complaints about it.
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Old August 14th, 2014, 06:32 PM   #3003
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They don't. I've searched the web, there are many complaints about it.
You are talking about the shell Y seats? They do recline, but slide down instead of back, hence will not disturb the passenger behind. These are actually being replaced in the latest fleet refurbishing program.
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Old August 18th, 2014, 03:32 PM   #3004
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Cathay Pacific H1 profit surges, helped by new routes and jets

BEIJING, Aug 13 (Reuters) - Hong Kong carrier Cathay Pacific Airways Ltd said its first-half net profit rocketed from a low base, beating analyst estimates, predicting a strong second half as it rolls out new long-haul services and operates new, more fuel-efficient jets.

In a filing to the Hong Kong stock exchange on Wednesday, Cathay said January-June net profit jumped nearly 15-fold to HK$347 million ($45 million) from just HK$24 million a year ago, when earnings were squeezed hard by high fuel prices and weak cargo demand. That was well above a mean estimate of HK$153 million from three varied forecasts by analysts polled by Reuters.

"Demand on regional routes was generally robust," Cathay said in its filing, though it said growth in passenger numbers came at the expense of yield per ticket sold. "We expect business to be better in the second half of 2014."

As competition intensifies in Asia's regional airline business, Cathay is stepping up flights to U.S. destinations, selling tickets at hefty discounts, as a gambit to lure traffic to and from Asia away from international rivals like Singapore Airlines Ltd and Korean Air Line Co Ltd.

In March, Cathay added a daily service to Newark airport meaning it now flies to New York five times a day. That was followed in June by a fourth daily service to Los Angeles, with expansion of services to Chicago this month.

Sales promotions for these new routes bit into profit margins. A round-trip Hong Kong-Newark fare, sold at as little as $759 initially, was priced at half the current level.

In the first half, Cathay also took delivery of five new, more fuel-efficient aircraft, including two Boeing Co B777-300ERs and three Airbus Group NV jets, including two A330-300s and one A321-200. It retired two bulky Boeing B747-400 jets and plans to retire four ageing Airbus A340-330 jets by the end of 2015, and seven more by the end of 2017.

While the first-half earnings were robust, Cathay said, "Strong competition put downward pressure on yield and demand was weak on certain Southeast Asian routes." Cathay shares slipped 1.3 percent lower after the results, trailing the broader market.

Cathay is facing pressure from carriers like Air China increasing direct international services from mainland China to major U.S. cities to offset weak growth in their home market amid a slowing economy and Beijing's efforts to cut back on expensive official travel trips.

Those routes mean travelers from the world's biggest economy can bypass the need to transit via Hong Kong for Cathay's overseas flights.

Cathay doesn't report earnings on a quarterly basis. Under Hong Kong stock exchange rules, companies are only required to file earnings every six months. (1 US dollar = 7.7512 Hong Kong dollar)
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Old August 19th, 2014, 03:35 AM   #3005
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Quote:
Originally Posted by hkskyline View Post
...

In a filing to the Hong Kong stock exchange on Wednesday, Cathay said January-June net profit jumped nearly 15-fold to HK$347 million ($45 million) from just HK$24 million a year ago, when earnings were squeezed hard by high fuel prices and weak cargo demand. That was well above a mean estimate of HK$153 million from three varied forecasts by analysts polled by Reuters....
Woah, that's definitely a remarkable jump, especially in aviation industry. Simply amazing!
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Old August 20th, 2014, 09:09 PM   #3006
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Old August 20th, 2014, 11:16 PM   #3007
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In the first half, Cathay also took delivery of five new, more fuel-efficient aircraft, including two Boeing Co B777-300ERs and three Airbus Group NV jets, including two A330-300s and one A321-200. It retired two bulky Boeing B747-400 jets and plans to retire four ageing Airbus A340-330 jets by the end of 2015, and seven more by the end of 2017.
As far as I understand this A321 is designated for Dragonair?
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Old August 21st, 2014, 04:51 PM   #3008
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As far as I understand this A321 is designated for Dragonair?
Should be. Cathay does not operate the A321.
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Old August 22nd, 2014, 03:31 PM   #3009
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Cathay Pacific expands presence in the United States with new service to Boston
Press Release
22 Aug 2014

Cathay Pacific Airways today announced that it will launch a new four-times-weekly non-stop service from Hong Kong to Boston, Massachusetts, on 2 May 2015, subject to government approval. The new service will provide the first direct link between New England and Hong Kong.

Boston will become Cathay Pacific’s sixth gateway in the United States, and eighth in North America. The airline currently serves Chicago, Los Angeles, New York (JFK), Newark, San Francisco, Toronto and Vancouver. This year has seen Cathay Pacific making a big increase in its capacity to the US with the launch of a daily Newark service, the addition of a fourth daily flight to Los Angeles, and three additional flights per week to Chicago.

The Boston service will be operated by Boeing 777-300ER aircraft in a four-class configuration featuring Cathay Pacific’s newly refreshed First Class, award-winning Business Class, new Premium Economy and long-haul Economy Class seats. Complemented by the airline’s exceptional cabin service and on-demand entertainment system in all classes, passengers will enjoy a superior inflight experience when travelling between Hong Kong and Boston.

Cathay Pacific Chief Executive Ivan Chu said: "We are very pleased to be able to add Boston to our growing international network. There are strong business, educational and cultural ties between Hong Kong and Boston. We believe there will be considerable demand for a high quality travel experience on this new long-haul route.

“We have already built a significant presence in the United States, adding a lot more capacity this year to provide passengers with a wider choice of travel options. The new Boston service will meet the needs for both business and leisure travel between Hong Kong and the East Coast of the USA. Its launch, together with other US routes, demonstrates our ongoing commitment to strengthen Hong Kong’s position as one of the world’s great international aviation hubs.”
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Old August 26th, 2014, 07:29 PM   #3010
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By michaelkin from dcfever :

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Old August 27th, 2014, 03:54 PM   #3011
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Sorry, too late
The Standard
Wednesday, August 27, 2014

Hong Kong and mainland jet-setters trying to cash in on Cathay Pacific's celebratory fanfares to several destinations crashed the airline's website yesterday morning.

Despite the hiccup, however, 2,014 tickets were sold out within four hours of the sale that began at 8am.

Round-trip business and premium economy seats to popular destinations such as Taiwan, Japan, the United States, Australia and Britain are valid for trips from September 15 to October 15.

A business-class round-trip ticket to Taipei cost just HK$685 with airport tax included; business class to Osaka cost HK$840; economy class to London HK$4,748; and to Sydney HK$2,736.

It was the fourth time that Cathay offered such huge discounts to "celebrate Cathay winning World's Best Airline by Skytrax."

In advance of the sale, tips on "how to successfully hunt for a HK$100 business class ticket" were circulated online.

Apart from the things potential customers needed to prepare such as a valid credit card and passport, or to get ready with more electronic devices to enhance their chances of a successful purchase, the reminder also listed the total price of all flight tickets with the inclusion of tax.

Comments were offered advising customers which tickets were the best for certain occasions.

For example, Maldives was listed as "best for couples," Chicago was "top choice for a long-haul flight" and Thailand for those who "cannot afford any hesitation and must buy no matter what."

Over 140,000 people went online from the moment bookings opened.

Netizens complained that the system was overloaded and they needed to refresh the website several times to purchase a ticket successfully.

A picture that circulated online showed the transaction record of a mainlander who bought a premium economy-class ticket to Sydney for HK$2,700. But he still complained, saying he had to board the plane in Hong Kong, which is inconvenient. Some netizens accused the man of being "shameless and robbing all the benefits of Hong Kong people."

Asked if it was unfair to local customers with mainlanders competing for tickets, a Cathay spokesman said: "Fanfare's offer is a unique value proposition offered to value-conscious leisure travelers from Hong Kong to the Cathay Pacific network."

The sale was announced only hours before it opened.

Business-class tickets included flights to Bangkok, Cebu, Kuala Lumpur, Nagoya, Osaka and Taipei, while premium-economy tickets included Chicago, London, Maldives, New York and Sydney.
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Old September 2nd, 2014, 04:45 PM   #3012
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Cathay Pacific B747-467 (B-HUB) - Retired August 2014
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Old September 4th, 2014, 12:53 AM   #3013
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Cathay Pacific B747-412BCF (B-KAF) - Ex. SIA 9V-SMM
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Old September 4th, 2014, 06:51 PM   #3014
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Jet curfew won’t go quietly
5 September 2014
The Advertiser

MORE small jets will be able to land at Adelaide Airport during the overnight curfew, but they will be the subject of tougher engine noise restrictions, under a proposal released by the Abbott Government for public comment.

A resident group has welcomed the plan, but state Treasurer and West Torrens MP Tom Koutsantonis fears people who live near the flightpath will be bombarded with more noise late at night. Federal Transport Minister Warren Truss has asked for public feedback on a plan to update the types of small business jets which are permitted to land at the airport between 11pm and 6am.

Mr Truss said the list had not been amended since 2000.

“Certainly it is time for an overhaul. The latest model quieter business jets cannot land during the curfew - but old noisier aircraft can,’’ he told a conference in Canberra.

Mr Truss said noisier business jets currently on the list would be banned from landing during the curfew from 2022.

Mr Koutsantonis said he was concerned the Federal Government was preparing to further water down the curfew, after earlier this year granting an exemption which allows Cathay Pacific flights from Hong Kong to land at 5.10am.

“This could mean an increase in the number of jets flying inside the curfew when people are attempting to get some sleep,’’ Mr Koutsantonis said. “Quieter jets is cold comfort for the people of the western suburbs who already have passenger aircraft flying over their homes at 5.10am thanks to a Federal Government broken promise.’’ Matt Williams, federal Liberal MP for Hindmarsh, said phasing out the use of noisier business jets during the curfew would be good for local residents. “It’s positive for residents because quieter aircraft will be used and there will be phasing out of older, noisier aircraft,’’ Mr Williams said.

An airport spokesman said the change would encourage operators to use newer, quieter aircraft during the curfew hours.

Glenelg resident Vicky Corcoran said she was against any measures which could increase the number of flights during the curfew. “It’s noise pollution and we have so much through the day,” she said. “Unfortunately when people make these decisions they have another motive and they’re just waiting to do the next stage.” Netley Residents Association chairman Bob Owen said the change was common sense. “It is probably time to do that, because the ones that are approved are noisier than the ones that are not approved,’’ Mr Owen said.
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Old September 6th, 2014, 06:09 PM   #3015
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Old September 11th, 2014, 11:57 AM   #3016
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Cathay pilots mull industrial action to press airline to raise pay offer
11 September 2014
South China Morning Post

Cathay Pacific passengers should brace themselves for possible industrial action by pilots after the airline's pay offer to cockpit crew was met with disappointment.

Pilots are unhappy with the company's latest proposal to Hong Kong-based cockpit crew members - of a 4 per cent rise this year, 3 per cent next year and 3 per cent in 2016 - which their union announced in a newsletter yesterday.

"After seven months of negotiation, we entered mediation on pay where significant and constructive efforts to bridge the gap were made. However, an agreement was not forthcoming," the Aircrew Officers Association, which represents 1,900 of Cathay's 2,900 cockpit crew, said in the newsletter, seen by the South China Morning Post.

The association is initiating a motion seeking its members' stance on the offer, though no date has been fixed. The offer will be rejected if more than half of the members vote against it.

"In the event that the membership rejected the offer, the motion would be worded to include a decision on implementing contract compliance to obtain a better pay deal," it said.

Contract compliance is also known as work-to-rule; working only what a contract requires. Pilots expect any impact of such action to be significant, especially in unexpected situations such as a typhoon because there would not be enough standby pilots.

A Cathay spokesman said the three-year deal represented an accumulated increase of more than 10 per cent for the vast majority of its pilots in Hong Kong.

"Our pay proposal to our pilots is fair and reasonable, while being market competitive and sustainable in the current operating environment," he said.

Pilots based in Europe would get a worse deal - wage increases of 3 per cent, 2 per cent and 3 per cent. Those based in New Zealand will see their pay go up only 1 per cent each year.

It is unclear how much the union wants. But a source has said the airline's offer is "not within spitting distance" of the union's demands.

One pilot said: "I will definitely be voting it down and, though [the newsletter] just came out this morning, from the colleagues I've already spoken to, they feel exactly the same."

Other pilots noted that cabin crew, whose pay adjustments are decided annually, got a 4.5 per cent rise this year.

Captain Rod Fogarty, known for advocating a tough approach towards Cathay, has replaced the union's incumbent chairman Captain George de la Cour and is likely to take office this month.

Last September Fogarty put forward a motion to press ahead with a work-to-rule if Cathay did not give a satisfactory reply to the union's pay rise demands.

The union has sent its members a letter telling them what they should do and be aware of in the event of a work-to-rule.
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Old September 18th, 2014, 04:45 PM   #3017
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Cathay Pacific releases combined traffic figures for August 2014
Press Release
15 Sep 2014

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for August 2014 that show a year-on-year increase in both the number of passengers carried and the amount of cargo and mail uplifted.

Cathay Pacific and Dragonair carried a total of 2,849,359 passengers in August – an increase of 3.6% compared to the same month in 2013. The passenger load factor rose by 0.5 percentage points to 87.2% while capacity, measured in available seat kilometres (ASKs), increased by 7.1%. For the year to the end of August, the passenger volume rose by 5.8% while capacity was up 5.6%.

The two airlines carried 146,955 tonnes of cargo and mail last month, an increase of 19.7% compared to August 2013. The cargo and mail load factor rose by 3.8 percentage points to 62.5%. Capacity, measured in available cargo/mail tonne kilometres, rose by 13.3% while cargo and mail revenue tonne kilometres (RTKs) flown were up by 20.6%. For the year to the end of August, tonnage rose by 11.3% while capacity was up by 11.4% and RTKs increased by 14.3%.

Cathay Pacific General Manager Revenue Management Patricia Hwang said: “August was the busiest month of the year so far for our passenger business with new highs recorded for passenger volumes on both Cathay Pacific and Dragonair. Demand on long-haul routes was strong throughout August and our business to and from North America was helped by the introduction of additional frequencies on the Chicago route. We saw an encouraging pick-up in demand to Bangkok, but Korea remained the most popular destination for leisure travellers out of Hong Kong. Demand in the premium cabins continued to be ahead of expectations.”

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “Demand remained robust throughout August and the year-on-year tonnage increase was again well above expectations. Demand out of Hong Kong and the key manufacturing regions in Mainland China remained strong and we hope to see a further uptick in September as new consumer IT products are launched in the market. The Americas remain the key focus of our cargo business and we will extend our presence further with a new freighter service to Calgary and increased frequencies to Columbus in October, and more flights to Mexico from November.”
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Old September 21st, 2014, 01:11 PM   #3018
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Cathay Pacific B747-467 (B-HOP) landing in Singapore on August 31, 2014. Ferried to Bruntingthorpe, UK on September 17, 2014 for scrapping
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Old September 21st, 2014, 06:33 PM   #3019
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Cathay Pacific launches ‘Wine LIFT’ – A new airfreight product catering for the growing global wine trade
Press Release
15 Sep 2014

Cathay Pacific Cargo is pleased to announce the latest addition to its range of specialised airfreight products – Wine LIFT. Building upon Cathay Pacific Cargo’s decades of expertise in shipping wine, and reflecting Hong Kong’s increasing status as a hub for the global wine trade, Wine LIFT provides wine merchants and customers with a service specifically tailored to meet their requirements for transporting wine in a safe and timely manner.

Wine LIFT provides complete peace-of-mind to customers, with shipments being handled by teams experienced in transporting fragile and valuable cargo. Shipment security will also be ensured under close monitoring of CCTV.

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “In recent years Hong Kong has grown to become one of the world’s leading wine-trading centres. Cathay Pacific Cargo has developed the Wine LIFT product in response to the increased need to ship wine in secure, controlled conditions. Our extensive network reaches into most of the world’s most prominent wine-producing countries and wine-trading centres, and we are confident our new product will be welcomed by both commercial and private wine shippers.”

Cathay Pacific Cargo has recognised that temperature fluctuations may affect the quality of wine, which is why the Wine LIFT product offers customers an option to use cool containers to keep wine within designated temperature ranges during the flight journey. Temperature controlled storage facilities are also available at most destinations in the airline’s extensive network for storing the wine when it is on the ground.

Wine Lift is an exciting addition to Cathay Pacific Cargo’s already extensive portfolio of eight specialised airfreight products, all incorporated within the “LIFT” range. They include Courier LIFT, DG Lift, Expert LIFT, Fresh LIFT, Live Animal LIFT, Pharma LIFT, Priority LIFT and Secure LIFT.
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Old October 8th, 2014, 05:30 PM   #3020
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Cathay celebrates new service enhancement
Daily News

Sri Lanka, Oct. 2 -- Cathay Pacific Airways announced a range of attractive fares from Colombo to Australia, Asia and North America to celebrate the launch of its non-stop service between Colombo and Hong Kong with great onward connections to the above destinations.

With the new non-stop flight, passengers from Colombo will be able to travel to Hong Kong in around five and a half hours and connect to destinations in Australia, USA, Japan, Korea and China amongst others.

Vishnu Rajendran, Sales and Marketing Manager, Sri Lanka and Maldives, Cathay Pacific Airways said, "We are delighted to be launching a promotion in Sri Lanka market and are confident that our enhanced schedules, superior in-flight products and great fares will prove to be a success. We look forward to more passengers using our award winning hub in Hong Kong as a transit point when travelling to destinations in Asia, Australia and North America."

Cathay Pacific Airways operates daily flights from Colombo to its Hong Kong hub, four times a week non-stop with effect from October 27 and thrice a week via Bangkok with onward connections to the world.
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