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Old March 8th, 2010, 04:07 AM   #1701
hkskyline
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I have flown twice with the herringbone, both from New York to Hong Kong. I agree the herringbone layout may not be great for family and coupled travellers, but it is great for business and sole travellers who probably makes up the majority of J-class passengers.
The herringbone has a much greater privacy. I don't think you want someone to look at your screen when you are working, or disturb you from walking around. In a sense it feels like you have your own "room" on the plane. I am a fairly big guy, but still find these seats are wide enough and be comfortable.
A good night sleep is also a plus for long-haul travelers and the ability to lie down completely, which the old way doesn't. I believe SA has figured out the front-facing seats to have flat beds, but it comes with a greater cost to reduce capacity.
Yes, the new J definitely is not good for couples and families. I liked the privacy, but through the width of the seat was too little so it felt a bit claustrophobic. The direct aisle access was a great plus since I didn't need to step over someone, but the downside is my access to the window was limited due to the orientation.

I wouldn't mind if they could go back to the traditional seating style though.
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Old March 10th, 2010, 01:38 PM   #1702
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CX returns to profit in 2009

http://www.cathaypacific.com/cpa/en_...000ad21c39____
10-03-2010

The Cathay Pacific Group today announced an attributable profit of HK$4,694 million in 2009. This compares to a loss of HK$8,696 million the previous year. Turnover in 2009 fell by 22.6% to HK$66,978 million while earnings per share rose by HK340.3 cents to HK119.3 cents.

However, excluding fuel hedging gains of HK$2,758 million, a one-off item of HK$1,254 million resulting from the sale of HAECO shares, and the contribution from subsidiaries and associates, Cathay Pacific made an operating profit of HK$285 million from its core airline business compared with a loss of HK$1,440 million in 2008.

The global economic slump last year resulted in extremely challenging business conditions for the Cathay Pacific Group and commercial aviation in general. While there was some pick-up in the airline’s passenger and cargo businesses towards the end of 2009, overall there was a deep downturn in key markets which in turn led to sharply reduced revenues.

Fuel prices in the first half of the year were significantly lower than the record highs of mid-2008. However, they started to rise again in the middle of 2009, reaching uncomfortably high levels. This rise was reflected in mark-to-market gains of HK$2,018 million recorded in 2009 in respect of fuel hedging contracts for the period 2010-2011. These gains reversed a large part of the substantial losses recorded in 2008 in respect of fuel hedging contracts.

Cathay Pacific and Dragonair between them carried 24.6 million passengers in 2009 – a fall of 1.6% on the previous year. Capacity fell by 3.7% compared to 2008. This in turn helped to push up the load factor, which at 80.5% rose by 1.7 percentage points compared to 2008. Passenger revenue fell by 20.8% to HK$45,920 million, reflecting substantial reductions in premium traffic and in economy class yield, though economy class passenger numbers held up well. The strong US dollar in the first half of the year also contributed to the 19.5% fall in passenger yield for the year.

Cargo revenue for the Cathay Pacific Group fell by 29.9% to HK$17,255 million in 2009, while the amount of freight carried for Cathay Pacific and Dragonair dropped by 7.1% to 1,527,948 tonnes. Cargo capacity was reduced by 13.1% and this was reflected in a load factor of 70.8% (compared with 65.9% in 2008). The Group’s cargo business was exceptionally weak in the first half of the year, though the latter half was stronger with yield increasing in October, albeit from a very low base, and rising consistently for the remainder of the year. Cargo yield for the year fell by 26.8% to HK$1.86.

The airline took a number of measures last year to help address the steep downturn in business, including reducing capacity for both Cathay Pacific and Dragonair, reducing operating costs and capital expenditure, introducing an unpaid leave scheme for staff, parking a number of aircraft, working to get concessions from suppliers, and requesting a deferral of new deliveries from aircraft manufacturers. Despite 2009 being a very difficult year, the Cathay Pacific Group worked hard to keep the fundamentals of the business intact, maintaining the integrity of the network substantially intact and going to great efforts to ensure that the quality of product and service was not diminished, and that the passenger experience was not compromised.

A significant change in Cathay Pacific’s shareholding structure took place in the second half of the year, with Air China and Swire Pacific both agreeing to increase their shareholdings by acquiring shares from CITIC Pacific. In February 2010, Cathay Pacific announced it had entered into a framework and other agreements with Air China and others under which they have agreed to establish a jointly owned cargo airline. The formation of the cargo joint venture, which is expected to begin operations in summer 2010, is conditional upon obtaining all necessary approvals from regulatory bodies and the independent shareholders of Cathay Pacific and Air China. The joint venture will provide the two most important cargo-generating regions in the Mainland with two highly competitive and efficient home-based carriers - Cathay Pacific in the Pearl River Delta and Air China Cargo in the Yangtze River Delta.

The Cathay Pacific Group’s balance sheet was put under considerable pressure in 2009 by the reduction in revenue last year. This was offset by cost reductions, while the balance sheet also benefited from the sale of part of a shareholding in the Hong Kong Aircraft Engineering Company Limited.

Cathay Pacific Chairman Christopher Pratt said: “While we welcomed the improvement in business in the latter part of 2009, we remain cautious about the prospects for 2010. Revenues and yields remain below levels experienced prior to the recent downturn and there has not yet been a sustained improvement in the premium passenger demand, which accounts for a significant part of our revenue.

“That said, we have many things working in our favour which will help to put us in a stronger position if the current recovery in the world economy is sustained. We launched a number of projects and initiatives at the beginning of 2009 designed to improve further the way we do things, particularly for our customers. We have a united team that is the hallmark of Cathay Pacific. We have a superb international network and an unrivalled network into Mainland China through Dragonair. Our relationship with Air China will bring many benefits in the years to come and we operate out of one of the world’s premier aviation hubs, Hong Kong. We are deeply committed to our home city and remain highly confident about the future of Cathay Pacific.”
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Old March 10th, 2010, 01:46 PM   #1703
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That's a profit of around US$600 million! That's a huge profit. Anybody knows if Singapore Airlines managed to squeeze a profit in 2009?
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Old March 11th, 2010, 02:16 AM   #1704
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Not too shabby to have a drop in turnover and still turn an operating profit, many companies would just roll over and blame the lack of business for their loss.
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Old March 11th, 2010, 04:13 AM   #1705
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Asian carriers tend to have more flexible labour costs since they can put people on no-pay leave more readily than the heavily unionized American ones, so when times go bad, they can react a lot more effectively.
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Old March 12th, 2010, 09:14 AM   #1706
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Can somebody, in plain English, explain to me the difference between Marco Polo and Asia Miles? And can the points be redeemed on oneworld members or just CP? Lastly, is there any loyalty card (or something similar) which is alliance-specifc and not carrier-specific?
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Old March 12th, 2010, 12:11 PM   #1707
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Cathay warms to premium economy


It now seems likely that Cathay Pacific will, as expected, offer passengers a premium economy cabin within a couple of years.

According to a report on our sister Asia-Pacific website (businesstraveller.asia) Cathay Pacific chairman Christopher Pratt says his airline was keen to roll out the new [premium economy] seats by 2012.

Changes in passenger demand would seem to have persuaded the Hong Kong-based carrier to opt for the new product.

Cathay Pacific believes a premium economy cabin would help increase passenger revenue in these tricky economic times. Having a premium economy cabin could help Cathay Pacific capture a clientele looking to trade down from business class – for reasons of cost-cutting – as well as encourage those wishing to trade up from economy class.

As yet no details are available of the seating. It remains unclear as to whether Cathay Pacific will offer a premium economy product along the lines of its Oneworld alliance partner Qantas or whether it will upgrade to the higher standards about to be set by Star alliance rivals such as Japan’s ANA and Air New Zealand.

The news will come as no great surprise to readers of Businesstraveller.com. On January 12 (see “Cathay Pacific mulls premium economy”) we reported on the fact that the airline had been soliciting its Marco Polo loyalty club members for their views on premium economy. It would seem that Marco Polo members’ reaction has been judged to be positive.

Cathay Pacific is a regional rival to SIA. So will the Singaporean flag-carrier follow suit?

When questioned by Business Traveller on numerous occasions, SIA has always maintained there was no need for it to offer a separate premium economy cabin. SIA spokespeople claim their economy class seats on the latest generation of A380s, B777-300ERs and A330s are a match for other carriers’ premium economy products.

Although that claim may have been true in the past (when other carriers’ premium economy cabins were less advanced) it is hardly true today seeing as many carriers have (or are poised to) upgrade their products (see Focus, Business Traveller magazine March 2010) with more spacious seating and more amenities.

We await developments with interest.

Report by Alex McWhirter and Margie Logarta


http://www.businesstraveller.com/new...remium-economy
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Old March 12th, 2010, 01:15 PM   #1708
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Quote:
Originally Posted by siamu maharaj View Post
Can somebody, in plain English, explain to me the difference between Marco Polo and Asia Miles? And can the points be redeemed on oneworld members or just CP? Lastly, is there any loyalty card (or something similar) which is alliance-specifc and not carrier-specific?
Just go to the forum below and post your question, it will be precisely answered by the mile points maniacs over there:

http://www.flyertalk.com/forum/catha...sia-miles-487/
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Old March 12th, 2010, 01:20 PM   #1709
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CX recorded rise on passenger & cargo volumes in February

http://downloads.cathaypacific.com/c...traffic_en.pdf
12-03-2010

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for February 2010 that show a sharp rise in passenger volumes and cargo and mail tonnage compared to the same month last year when the impact of the global downturn was being deeply felt.

Last month, Cathay Pacific and Dragonair carried a total of 2,062,187 passengers – up 14% on February 2009. The month’s passenger load factor was 84.1%, an increase of 7.5 percentage points, while capacity for the month, measured in available seat kilometres (ASKs), rose by 0.7%. For the first two months of 2010 combined, the number of passengers carried was up 6.7% compared to an ASK drop of 1.6%.

The two airlines carried a total of 119,801 tonnes of cargo and mail last month, up 18.7% on February last year. The cargo and mail load factor was 77.1%, a rise of 12.4 percentage points, while capacity, measured in available cargo/mail tonne kilometres, was 2.1% down. For the year to date, a tonnage rise of 24.9% compares to a capacity decline of 1.5%.

Cathay Pacific General Manager Revenue Management Tom Owen said: “The rise in passenger numbers and load factor in February was largely a result of Chinese New Year falling a month later than in 2009, although a general pick-up in the quality of demand since the lows of last year’s economic crisis has continued. Demand was buoyant across both airlines’ networks over the two-week Lunar New Year period, and we were encouraged to see the continuation of premium traffic growth after the holiday period ended. However premium volumes and yields in all cabins remain materially below pre-downturn levels."

Cathay Pacific General Manager Cargo Sales & Marketing Titus Diu said: “We experienced a spike in demand prior to Chinese New Year but then, as expected, there was softening in the key Mainland markets over the holiday period. However, demand for the month as a whole was fairly robust and the fact that we cancelled a number of scheduled services helped us to achieve a high load factor together with some increases in yield.”

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Old March 12th, 2010, 06:33 PM   #1710
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Originally Posted by caelus View Post
Just go to the forum below and post your question, it will be precisely answered by the mile points maniacs over there:

http://www.flyertalk.com/forum/catha...sia-miles-487/
Thanks! That's a pretty helpful forum.
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Old March 13th, 2010, 06:23 PM   #1711
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By kachira from HKADB :

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Old March 13th, 2010, 10:07 PM   #1712
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Quote:
Originally Posted by siamu maharaj View Post
Can somebody, in plain English, explain to me the difference between Marco Polo and Asia Miles? And can the points be redeemed on oneworld members or just CP? Lastly, is there any loyalty card (or something similar) which is alliance-specifc and not carrier-specific?
Asia Miles is a free of charge frequent flyer program.
There is no other benefit other than members can accumulate mileage to exchange gift by flying Cathay Pacific, Dragon Air or other partnership business.

Marco Polo is a fee-based (US$50 per year) or free-by invitation frequent flyer program.
To maintain the membership, members have to fly enough times or certain miles within each calender year.
In addition to the the Asia Miles mileage program, Marco Polo member can enjoy other benefits such as priority check-in counters, priority seating, priority stand-by, VIP lounge access, member-only reservation center service, extra baggage allowance etc. etc. Most benefit also carries over to other partner airline hub in the One World Alliance (such as British Airways, American Airlines, JAL etc.) In addition to flying, Marco Polo members can also enjoy discounted rate with chain-hotels (Hilton, Hyatt etc.), and chain-car rentals (Hertz, Avis etc.) If you care, you also get a club magazine in mail quarterly as well.
Being said, degree of benefit, availability and restrictions also subjects to the club tier as well.
(Personally, I have been bumped from economy to business every time (twice) I flew from New York to Hong Kong since I become a MP member.)

In terms of alliance mileage cumulation, it subjects to the ticket level purchased. Some time discounted tickets may not grant mileage for alliance program. Otherwise, they can be granted across the alliance.

I don't think there is a alliance-base loyalty card, but the carrier-base loyalty member card has the alliance logo and equivalent tier on them. So the alliance airlines do recognize the other carrier card if it is under the same alliance.
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Old March 14th, 2010, 10:29 AM   #1713
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Originally Posted by EricIsHim View Post
Asia Miles is a free of charge frequent flyer program.
There is no other benefit other than members can accumulate mileage to exchange gift by flying Cathay Pacific, Dragon Air or other partnership business.

Marco Polo is a fee-based (US$50 per year) or free-by invitation frequent flyer program.
To maintain the membership, members have to fly enough times or certain miles within each calender year.
In addition to the the Asia Miles mileage program, Marco Polo member can enjoy other benefits such as priority check-in counters, priority seating, priority stand-by, VIP lounge access, member-only reservation center service, extra baggage allowance etc. etc. Most benefit also carries over to other partner airline hub in the One World Alliance (such as British Airways, American Airlines, JAL etc.) In addition to flying, Marco Polo members can also enjoy discounted rate with chain-hotels (Hilton, Hyatt etc.), and chain-car rentals (Hertz, Avis etc.) If you care, you also get a club magazine in mail quarterly as well.
Being said, degree of benefit, availability and restrictions also subjects to the club tier as well.
(Personally, I have been bumped from economy to business every time (twice) I flew from New York to Hong Kong since I become a MP member.)

In terms of alliance mileage cumulation, it subjects to the ticket level purchased. Some time discounted tickets may not grant mileage for alliance program. Otherwise, they can be granted across the alliance.

I don't think there is a alliance-base loyalty card, but the carrier-base loyalty member card has the alliance logo and equivalent tier on them. So the alliance airlines do recognize the other carrier card if it is under the same alliance.
Thank you. So Marco Polo will only make sense if I plan on flying 30k miles within a year. Guess it's Asia Miles for the time being for me then.
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Old March 14th, 2010, 06:42 PM   #1714
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Milan Ad

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Old March 15th, 2010, 05:25 AM   #1715
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Thank you. So Marco Polo will only make sense if I plan on flying 30k miles within a year. Guess it's Asia Miles for the time being for me then.
or if you fly more 20 times per year (10 round trips), doesn't matter the mileage, this would still qualify you from renewing.
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Old March 16th, 2010, 04:30 PM   #1716
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Video - taking apart a CX 747

http://news.bbc.co.uk/2/hi/uk_news/magazine/8555637.stm
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Old March 17th, 2010, 04:33 AM   #1717
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Do you think Cathay might fly to South America? Buenos Aires or Sao Paulo maybe?...
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Old March 17th, 2010, 07:13 AM   #1718
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Do you think Cathay might fly to South America? Buenos Aires or Sao Paulo maybe?...
Realistically, I think it might be better for CX to fly to JFK, MAD, LAX to connect with American Airlines, Iberia and LAN's services. Those airlines not only provide better feed, but offer passengers more choices in terms of South America destinations.
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Old March 17th, 2010, 09:38 AM   #1719
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I've seen a number of ads for South African to fly to Argentina. Long flight ...
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Old March 18th, 2010, 07:19 PM   #1720
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Cathay Pacific celebrates the launch of new Milan service
17 March 2010
Press Release



Cathay Pacific Airways yesterday celebrated the upcoming launch of its new service to Milan, the commercial centre and fashion capital of Italy. When the four-times-weekly service begins on 28 March, Cathay Pacific will be the only airline operating direct flights between Hong Kong and Milan.

The airline’s Chief Executive, Tony Tyler, officiated at a cocktail reception at the Grand Hyatt Hong Kong to mark the launch of the new service, with more than 200 guests in attendance. Milan fashion house Trussardi, legendary Italian car manufacturer Maserati, leading wine producer Frescobaldi and international hotel group Hyatt Hotels and Resorts were the main sponsors for the evening, with a fashion show by Trussardi one of the event’s highlights.

The airline’s presence in Italy dates back almost 24 years to the launch of its twice-weekly service to Rome. Mr Tyler said at the event that he was fortunate enough to be chosen to open the airline’s Italian operation way back in April 1986, “when my hair was a bit thicker and darker than it is today”.

The officiating guests at the event pulled a control stick to get the new Cathay Pacific Milan service ready for takeoff. Pictured from left to right are John Slosar, Chief Operating Officer, Cathay Pacific; Romano Baruzzi, Italian Trade Commissioner; Jasper Tsang, President of the Legislative Council; Eva Cheng, Secretary for Transport and Housing; Tony Tyler, Chief Executive, Cathay Pacific; Luca Fraticelli, Deputy Consul General, Consulate General of Italy in Hong Kong; Marvin Cheung, Chairman of Airport Authority Hong Kong and KC Chan, Secretary for Financial Services and the Treasury.
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