Cathay Pacific reaches deal for Airbus delivery delays, in advanced talks with Boeing
Cathay (CATY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
State Street Corp raised its position in Cathay General Bancorp (NASDAQ:CATY) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commis
CATHAY Pacific Airways Ltd warned that it is set to post a first-half net loss of about HK$9.9 billion (S$1.77 billion) as the coronavirus pandemic roils air travel, with the Hong Kong carrier last mo
Cathay said only 27,100 passengers flew with them last month, which was down 99.1 per cent from the previous year, and that it operated at only four per cent of its usual passenger capacity.
Hong Kong flag carrier, Cathay Pacific on Friday said that it expected to make a loss of HK$9.9 billion ($1.28 billion) in the first six months of 2020, the largest in the airline's history.
Cathay Pacific issued a profit warning on July 17, expecting losses in HY1 to have mounted to HK$-9.9 billion. While the airline has seen some improvements in connecting demand via Hong Kong this mont
Cathay Pacific warns of US$1.3 bn loss in first half
The estimated first-half loss would be Cathay's biggest half-yearly loss in at least a decade and compares to a HK$1.35 billion profit in the first half of 2019, before widespread anti-government prot
Cathay Pacific Airways Ltd. warned it is likely to post a first-half net loss of about HK$9.9 billion ($1.3 billion) and said it flew only 27,106 passengers last month, down 99.1% from June 2019.
Hong Kong's Cathay Pacific Airways Ltd expects a first-half net loss of HK$9.9 billion ($1.3 billion), including impairment charges on 16 planes, the airline said on Friday, as the coronavirus pandemi
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