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Old July 20th, 2007, 07:30 PM   #881
hkskyline
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Cathay spreads its wings with Asia connection
20 July 2007
The Australian

--- Routes ---

CATHAY Pacific is expanding its Australian presence and taking advantage of its ability to connect via Hong Kong to Asia with new services to Melbourne and Adelaide.

The airline will boost its Melbourne presence by 50 per cent to add an extra daily flight to the Victorian capital, operating three services daily from October 1.

It will also give South Australians something to celebrate, with a new daily schedule from Adelaide, up from four flights a week.

The flights will be operated by Airbus A330 aircraft in two and three class configurations and will result in Cathay operating 64 flights each week to Adelaide, Brisbane, Cairns, Melbourne, Perth and Sydney.

There is probably more to come.

"We are looking at a wholesale expansion because we do see a lot of market potential, commercial potential, based on providing not just capacity but more frequency, more choices and more connectivity to Asia, and North Asia particularly," the Hong Kong-based carrier's Australian manager, Ivan Chu, said yesterday.

The Adelaide and Melbourne increases were due to a combination of the right aircraft, the right timing and the right slots, Mr Chu said. The new services were an example of the additional connectivity to North Asia.

"The new flight arrives in Hong Kong about 7.40am, which is in time to connect to about 20 flights to China and to Japan, Korea, and of course to London," he said.

"Of course it's also very convenient for businessmen -- for people who want to arrive in Hong Kong, get into a hotel, have a shower and then go to work about 9 or 10 o'clock -- but we're looking at people travelling beyond."

The additional Adelaide flights will operate to the same schedule and triangular routing as the airline's current Hong Kong-Adelaide-Melbourne-Hong Kong services.

Mr Chu said the flights -- which offer good connections to all Cathay Pacific European destinations as well as Beijing, Seoul, Los Angeles and Vancouver -- had worked well in the South Australian market.

"We built it from two to four and now a daily service," he said.

"We are all very excited about South Australia and we are actually the only foreign carrier that operates to six points in Australia.

"Surely and steadily we are building all these services up to a daily service."
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Old July 23rd, 2007, 09:19 AM   #882
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These kinds of programs will make HK and chek lap kok as the gateway airport to the whole of Asia.
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Old July 23rd, 2007, 11:04 AM   #883
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Now if only CX would do something about the deteriorating quality of their catering, and their new dodgy business class seats...
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Old July 27th, 2007, 07:14 PM   #884
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By EC Does It from HKADB :





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Old July 29th, 2007, 07:08 AM   #885
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Cathay Pacific raises fuel surcharges
Bloomberg
27 July 2007

Cathay Pacific Airways plans to raise ticket surcharges starting Aug. 1 to cover higher fuel costs. The move follows four straight cuts.

The airline's short-haul surcharges will rise to 103 Hong Kong dollars, or $13, each way from 100 Hong Kong dollars, while long- haul levies will climb to 424 Hong Kong dollars from 412 dollars, Hong Kong's Civil Aviation Department said.

The carrier's Dragonair unit will also raise surcharges to 103 Hong Kong dollars from 100. Jet fuel prices have risen 19 percent this year. The airline reassesses surcharges every other month.
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Old July 29th, 2007, 07:09 AM   #886
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Cathay Pacific Considers Buying Larger Version Boeing 787
26 July 2007

HONG KONG (Dow Jones)-- Cathay Pacific Airways Ltd. (0293.HK) is considering adding a larger variant of Boeing Co.'s (BA) 787 aircraft to its fleet as the carrier expands its passenger network, Chief Executive Tony Tyler said Thursday.

The airline, which operates a fleet of wide-bodied jets, considers the existing 787 design as 'a bit small' and its maximum service range to be shorter than it would like, Tyler told reporters.

Cathay Pacific's passenger network consists mainly of high-volume regional and longhaul routes. The standard 787 models carry between 210-290 passengers, according to Boeing. The manufacturer has said it is looking to develop a stretched version of the aircraft depending on customer demand.

The first 787 on order is scheduled for delivery in the middle of next year, Boeing said.

'Obviously we are looking at the 787 carefully now, but the (current models) aren't quite big enough for what we want,' Tyler said. He said the 787 was designed to be a replacement for the smaller Boeing 767, which Cathay Pacific doesn't operate.

He said the airline isn't close to making any orders yet, given an already large mix of aircraft types the carrier now operates.

'We aren't ready to make any decision yet...there are lots of complexity costs involved' in maintaining a varied fleet, Tyler said.

Excluding its unit Hong Kong Dragon Airlines Ltd., Cathay Pacific operates seven different types or variations of passenger and cargo aircraft.

It will add one more type - the Boeing 777-300 Extended Range jets - by September, when the first of 19 on order will be delivered.

Tyler said earlier the airline is considering whether to phase out its older Boeing 747 cargo jets, which consume more fuel and are more expensive to operate.

Tyler had been Cathay Pacific's chief operating officer since 2005 until he took over as chief executive earlier this month.

He succeeded Philip Chen, who held the top post for just over two years and has taken a new position at the airline's parent company, Swire Group, as chairman of its China investment business.
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Old July 30th, 2007, 03:05 PM   #887
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By Star Alliance from HKADB :



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Old July 31st, 2007, 12:32 AM   #888
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How come some countries have only one airline flying the country's flag while countries like the U.S., India, U.K, Indonesia and a few others have every airline fly the flag. I noticed for China only Air China paints the Chinese Flag on their planes. It would be cool to see the flag of the country flown on every airline that originates from that country.
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Old July 31st, 2007, 03:18 AM   #889
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Quote:
Originally Posted by FM 2258 View Post
How come some countries have only one airline flying the country's flag while countries like the U.S., India, U.K, Indonesia and a few others have every airline fly the flag. I noticed for China only Air China paints the Chinese Flag on their planes. It would be cool to see the flag of the country flown on every airline that originates from that country.
U.S. and UK have had a long history and big market for aviation. Although the market is shrinking, but it is still big enough to allow different airlines fly all over the world. In the US, probably only America Airline has started more direct international routes to Asia Pacific and the US post-9/11; on the other hands, United Airline and Northwest are both cutting direct international route to minimize cost. And many routes are doing code share operating by other airline under the code of the US airline. Northwest and many other airlines are actually operating as they are bankrupted.

In Hong Kong and Singapore, the local markets have been very small. Cathay Pacific and Singapore Airlines were the first two airline in either place. Both have developed a very strong foundation long before any new airlines get involve in the market. They have grown so big that new competitors are almost impossible to catch up and be the second flag airline. That's why Cathay dominates HK; and SA dominates Changqi.

China is another story. It has a different economic system. China used to have a close aviation market. It's government controlled, not every airline is free to operate service in and out of China. The government used only allowing Air China to operate in China on the first hand to keep Air China in business. Since the 1980s, the Chinese sky has slowly opened up for foreign airline, and is getting more competitive. But Air China is still dominating every airport in China.
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Old July 31st, 2007, 06:57 AM   #890
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Although Chinese aviation is now more open to foreign investment, the truth is the market is dominated by three government-owned groups (Air China, China Eastern, and China Southern) following a reorganization in the last decade. There are a few private carriers popping up here and there and some larger secondary competitors such as Hainan Airlines.
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Old August 1st, 2007, 11:20 PM   #891
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Cathay's first B77W

Cathay's first of 18 new Boeing B777-300ERs should be emerging from the factory in the next week or so.

Line#: 661
Serial#: 36154
Reg: B-KPA

IIRC She'll be used on the HKG-JFK flights initially, replacing the A346.
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Old August 3rd, 2007, 04:54 AM   #892
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Cathay Pacific Airways to launch third daily service between New York and Hong Kong
1 August 2007
Airline Industry Information

Cathay Pacific Airways will be introducing a third daily service between New York's John F Kennedy International Airport and Hong Kong from 15 November 2007.

The airline said that the additional daily direct service from New York is scheduled for a 09:00 local time departure. Cathay Pacific currently operates one daily direct flight from New York to Hong Kong and a daily direct service from New York via Vancouver to Hong Kong.

This launch will coincide with the introduction of the airline's new Boeing 777-300ER aircraft.
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Old August 3rd, 2007, 05:47 AM   #893
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Quote:
Originally Posted by hkskyline View Post
Cathay Pacific Airways to launch third daily service between New York and Hong Kong

Man, I am loving it!!!! Early morning, mid-afternoon and late evening.
This new one is gonna arrive HKIA in the afternoon and provide a better flight connection for people transferring at HKIA.

So it will be a mix of A346 and 777-300ER to serve the 3 routes, and rotating plane between routes. Can't wait to fly back HK~~

Press release from Cathay's webpage:
--------------------------------------------------------------------
Triple daily service to better serve you.

Starting November 15, 2007 Cathay Pacific Airways will offer triple-daily service from New York (JFK) to Hong Kong. Choose between morning, afternoon, or evening departures. Whichever schedule you choose you'll conveniently connect to over 40 destinations across Asia!

NEW The Morning Departure

Route Flight Depart Arrive
JFK-HKG CX841 9:00am 2:00pm + 1
HKG-JFK CX840 4:35pm 6:45pm
*Winter schedule shown effective November 15, 2007.
Spring schedule commences March 8, 2008. Actual flight times may vary.

The Afternoon Departure

Route Flight Depart Arrive
JFK-HKG CX831 2:40pm 7:55pm + 1
HKG-JFK CX830 10:15am 12:55pm

The Evening Departure

Route Flight Depart Arrive
JFK-HKG CX889 9:00pm 07:30am + 2
HKG-JFK CX888 3:05pm 7:55pm
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Old August 6th, 2007, 05:30 AM   #894
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Cathay appoints country manager for Malaysia, Brunei
August 6 2007
BusinessTimes


HONG Kong-based carrier Cathay Pacific Airways Ltd has appointed a new country manager for Malaysia and Brunei, Katherine Lo. It has also appointed Cheuk Lo as manager for Penang.

Katherine Lo is a graduate of The Chinese University of Hong Kong with a Bachelor of Business Administration. Her previous experiences include working with Cathay Pacific's Los Angeles office, and she has held various positions within the airline in the areas of airport, e-business, personnel, inflight services and inflight entertainment.

Cheuk Lo is a graduate of Queen's University, Canada with a Bachelor of Science in Electrical Engineering (Computer Option). She joined Cathay Pacific as a revenue analyst before moving on to its internal management trainee programme. - Bernama
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Old August 7th, 2007, 06:10 AM   #895
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Robust first half results expected for Cathay
Hong Kong Standard
Tuesday, August 07, 2007

Lower fuel prices in the first quarter, combined with the synergy arising from last September's buyout of Dragonair will see Cathay Pacific Airways (0293) post robust interim results for the first half of 2007, analysts said.

Also, improved earnings of Air China (0753) - which issued a positive profit guidance saying its first half net profit will soar more than 20 times year on year - would further help boost Cathay Pacific's net earnings to a record high, given its 17.3 percent stake in the mainland's flag carrier.

Morgan Stanley expects Cathay to announce tomorrow first-half net profit of HK$2.35 billion, up 41.4 percent from HK$1.66 billion the previous year.

But earnings per share are expected to show slower growth at 22 percent to 60 HK cents, compared to 49 HK cents, due to the increased shares issued for last fall's restructuring.

In addition to Air China, CLSA analyst Adrian Lowe believes Cathay Pacific's 27.5 percent-owned Hong Kong Aircraft Engineering Co (0044) - which benefited from the rapid growth in China business - will provide an upside surprise for Cathay.

In the six months ended June 30, Cathay and its wholly owned subsidiary Dragonair together flew 10.96 million passengers, down 0.1 percent year on year due to a contraction of services in the mainland market.

Morgan Stanley analysts Chin Lim and Sophie Loh believe it is part of the group's rationalization plan to better coordinate and integrate Dragonair's China flights and Cathay's international flights to Hong Kong.

Even with fewer passengers, active yield management and improved passenger load factors are expected to help the Cathay group post a strong passenger yield and drive up operating revenues for the first half.

Though strong interim results are forecast, both CLSA and Morgan Stanley said higher fuel costs - which accounted for 37 percent of the Cathay group's operating costs - will be a major concern for its second half outlook.

Morgan Stanley said factors including a global economic slowdown, possible establishment of direct air links between the mainland and Taiwan, aggressive fare discounting campaigns by competitors, and the emergence of low- cost airlines in Asia all contribute to uncertainties for the Cathay group's outlook.

Cathay shares closed yesterday at HK$20.55, up 0.735 percent.
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Old August 8th, 2007, 03:37 PM   #896
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Hong Kong's Cathay Pacific Airways says first-half net profit up 55 percent on year

The Associated Press
Wednesday, August 8, 2007

HONG KONG: Cathay Pacific Airways Ltd., Hong Kong's biggest airline, said Wednesday its first-half net profit rose 55 percent from a year earlier, boosted by strong passenger demand and higher average fares, particularly in the first- and business-class segments.

The blue chip airline said it expects its earnings in the second half to benefit from increased passenger and cargo capacity, though higher fuel prices will have a "negative effect" on its results.

Cathay Pacific's net profit for the six months ended June 30 rose to HK$2.58 billion (US$330 million; 240 million) from HK$1.67 billion a year earlier. Revenue rose to HK$34.63 billion (US$4.42 million; 3.22 million) from HK$27.09 billion.

The airline, which took full control of China-focused Hong Kong Dragon Airlines Ltd. in September, recommended a first-half dividend of 25 HK cents (US$0.032; euro 0.023), up from 20 HK cents a year ago.

First-half earnings rose sharply despite a drop in cargo demand and continuing high fuel prices, Cathay Pacific said. The drags on profit were overcome by higher average passenger prices, especially on long-haul flights to North America and Europe, the company said.

During the first half, Cathay Pacific's total passenger traffic rose 11.2 percent from a year earlier to 6.67 billion revenue passenger kilometers, helped by the inclusion of Dragonair's operations.

RPKs are an important measure for an airline's business as they reflect the total number of kilometers passengers paid to be flown.

The airline said a sharp rise in average passenger yields largely underpinned its increase in net profit.

Cathay Pacific's earnings in the first half also benefited from an increased contribution from affiliate Air China Ltd. after the Hong Kong firm raised its stake in mainland China's flagship carrier to 17.5 percent from 10 percent last year.

The airline's share of profits from associates, which include Air China and Hong Kong Aircraft Engineering Co., doubled to HK$265 million (US$33.85 million; euro 24.65 million) from HK$130 million in the first half last year.
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Old August 8th, 2007, 03:57 PM   #897
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AFX News Limited
Hong Kong's Cathay Pacific to buy 5 Boeing aircraft for 1.4 bln usd - UPDATE
08.07.07, 8:40 AM ET

HONG KONG (XFN-ASIA) - Cathay Pacific Airways Ltd said it has entered into an agreement to acquire five Boeing 777-300ER aircraft for a total consideration of 1.4 bln usd.

It said it expects to take delivery of the five aircraft in 2011.

The purchase will be funded with a combination of commercial bank loans, other debt instruments and cash generated from the the group's operations, it said in a statement filed with the stock exchange.

Cathay said the new aicraft will replenish and expand the company's fleet capacity, and will principally serve long-haul destinations in North America and Europe.

Its total fleet will stand at more than 180 with the delivery of the new aircraft, the statement said.

'The fleet expansion is in line with our plan to expand our network and connectivity,' Cathay's chief executive officer Tony Tyler said.

'In the process, we are further strengthening Cathay Pacific's position as Hong Kong home carrier and cementing the city's status as a leading international aviation hub.'

(1 usd = 7.8 hkd)
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Old August 9th, 2007, 05:17 AM   #898
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Old August 9th, 2007, 05:47 AM   #899
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what plane is this?? it looks very roomie comparing to the traditional econ seats. i am guess one of the pictures is showing the escape route for the B747-400 on the screen.
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Old August 9th, 2007, 05:14 PM   #900
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I am assuming that is the new economy class upgrade?
Big Widescreen PTVs look nice but IMO the seat cushions seem too thin to be comfortable on a long-haul flight.
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