Cathay Pacific 2019 profits plunge, predicts virus losses

AFP

2020/03/11 | 577 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Cathay Pacific on Wednesday said profits plunged in 2019 as it reeled from political unrest in Hong Kong, while it warned financial losses lay ahead owing to the spread of the new coronavirus.The flagship carrier was battered throughout the second half of last year as violent pro-democracy protests raged for months in Hong Kong, sparked by widespread public anger at Beijing's rule.The demonstrations, which saw battles between police and protesters rage for seven straight months, hammered tou...(…)

This article is available on « Le Journal de l'Aviation »

Read the article

Aviation and aerospace newsletter

Sign up for free
to the weekly newsletter!

In the same theme:


New Aer Lingus Chief Executive
2021/03/04 | AEROCONTACT | AIR TRANSPORT

International Airlines Group (IAG) announces that Lynne Embleton has been appointed chief executive of Aer Lingus and will start her new role on 6 April 2021.She repla...


Positive future ahead as Gloucestershire Airport appoints managing director
2021/02/25 | AEROCONTACT | AIR TRANSPORT

Gloucestershire Airport Ltd has appointed Karen Taylor as the airport’s new Managing Director.The Airport plays a key role in supporting the local economy, both ...


IATA Offers Free Training to Former Cabin Crew Transitioning into Job Market
2021/02/11 | AEROCONTACT | AIR TRANSPORT

The International Air Transport Association (IATA) is offering an online training course to help laid-off airline cabin crew members re-enter the job market. This cour...

See also:


2021/01/28 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Shares in Hong Kong's marquee carrier Cathay Pacific plunged on Thursday after the struggling airline unveiled a HK$6.7-billion (US$870-million) bond sale to try to s...


2021/01/28 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

The French government is suspending Ethiopian Airlines for four days over a failure to ensure passengers have had negative coronavirus tests, the transport ministry a...


2021/01/25 | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

Canadian airline Westjet on Friday cancelled a flight just prior to take-off after a warning light went off in the cockpit of the Boeing 737 MAX aircraft.The 737 MAX ...