Cathay Pacific Airways Stock News

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.32 and traded as high as $4.64. Cathay Pacific Airways shares last traded at $4.50, with a volume of 8,986 shares changing hands. Several brokerages have recently []

The unspecified breach in Frankfurt led to 150 other employees being quarantined for three weeks under Hong Kongs strict rules See all our coronavirus coverage Cathay Pacific Airways has sacked three cargo pilots for becoming infected with Covid-19 during a layover in Frankfurt, citing an unspecified serious breach of crew rules while overseas. The individuals concerned are no longer employed by Cathay Pacific, the company said in a statement issued on Thursday. Continue reading

Hong Kong's Cathay Pacific Airways Ltd has fired three cargo pilots who were infected with COVID-19 during a layover in Frankfurt, over an unspecified "serious breach" of crew rules while overseas, th

19th November 2021 (Hong Kong) The Transport and Housing Bureau (THB) received the investigation report of Cathay Pacific Airways Limited yesterday on the three recent imported cases of COVID-19 involving the airlines locally based cargo crew. The THB is deeply regretful of and can hardly accept the concerned cargo crews non-compliance with the requirements [] The post The Transport and Housing Bureau follows up on imported cases of COVID-19 involving Cathay Pacific cargo crew appeared first on Dimsum Daily .

18th November 2021 (Hong Kong) A number of Cathay Pacific cargo plane pilots who were exempted from quarantine have been diagnosed with COVID-19 recently, and they have entered the community during the incubation period. However, the company has subsequently tightened its own epidemic prevention guidelines for crew members. Cathay Pacific Airways issued a statement [] The post Cathay Pacific says that the 3 COVID-19 infected cargo plane pilots returning from Frankfurt are no longer under its employment appeared first on Dimsum Daily .

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it expects second-half results to improve considerably from the first half, helped by exceptionally strong air cargo demand.

16th November 2021 (Hong Kong) Earlier, three pilots of Cathay Pacific Airways were diagnosed with COVID-19 virus after arriving in Hong Kong from Germany. The director of the Infection and Infectious Diseases Centre of the University of Hong Kong, Ho Pak-leung, said on a radio program this morning (16th) that it is necessary to [] The post Local expert criticises half-baked 3-day home quarantine measure for returning Cathay Pacific crew members to Hong Kong appeared first on Dimsum Daily .

Shares of Cathay Pacific Airways Limited (OTCMKTS:CPCAY) have earned a consensus rating of Buy from the five research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. CPCAY has been the topic of several []

Hong Kong's Cathay Pacific Airways Ltd said on Monday it had lowered its passenger capacity forecast for the remainder of the year to 13% of pre-COVID levels, down from an earlier 30% target for the f

Hong Kong's Cathay Pacific Airways Ltd will close its London pilot base and review the last remaining overseas pilot bases in the United States, the airline said on Thursday, as it grapples with the i

As cost cuts and cargo helped Cathay Pacific narrow its first-half losses, Joanna Lu of Ascend by Cirium says that airlines will have to "study demand from scratch," given shifting trends.

Struggling Hong Kong carrier Cathay Pacific on Wednesday reported a $972 million net loss in the first six months of 2021 as the pandemic continues to hammer demand for travel.

Hong Kong's Cathay Pacific Airways Ltd on Wednesday posted a HK$7.57 billion ($972.7 million) first-half loss, narrower than the prior year's HK$9.87 billion, due to cost-cutting measures and strong a

Hong Kong's Cathay Pacific Airways said on Monday it had launched a lifestyle brand to provide offers in hospitality and shopping as the airline seeks to tap new revenue streams amid a collapse in tra

Hong Kong's Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.