CPCAF News and Press, Cathay Pac Airwys Ltd Ord From 12/29/22

Summary EHang has signed a deal to raise $10 million by issuing new shares to a Qingdao government entity and could raise another $10 million from the same source. EH's new fundraising highlights the dwindling cash as it remains in the red despite progress in commercializing its aerial ...

Summary Cathay Pacific had recovered only 4% of capacity by H1 2022. We expect profitability in H2 2022 on 33% capacity recovered. While the Asian market is risky, Cathay Pacific has a lot of capacity to deploy to said market to improve efficiency. Even though opportunity exists...

Hong Kong’s lead airline Cathay Pacific (OTCMKTS: CPCAF) is struggling with “unprecedented” staff shortages and may not be capable of handling a rise in demand, as the city rolls back restrictions and allows international travel. Nevertheless, the end of...

Cathay Pacific Airways ( OTCPK:CPCAF ) ( OTCPK:CPCAY ) announced on Friday plans to increase flight frequencies as the Hong Kong government eases COVID-19 quarantine restrictions. The flag carrier of Hong Kong said it plans to add over 200 pairs of passenger flights in Oct...

The following slide deck was published by Cathay Pacific Airways Limited in conjunction with their 2022 Q2 earnings call. For further details see: Cathay Pacific Airways Limited 2022 Q2 - Results - Earnings Call Presentation

Cathay Pacific Airways Limited (CPCAY) Q2 2022 Earnings Conference Call August 10, 2022 2:00 AM ET Company Participants Andy Wong – General Manager-Corporate Affairs Rebecca Sharpe – Chief Financial Officer Ronald Lam – Chief Customer and Com...

Cathay Pacific (OTCPK:CPCAY -1.2%) lowers its Q4 passenger capacity guidance to 13% of pre-pandemic levels down from previous hopes of 30%, blaming continuing operational and passenger travel restrictions. The airline expects cash burn at a rate of under HK$1B ($130M) per month. Passenge...

Cathay Pacific Airways Ltd (CPCAY) Q4 2020 Earnings Conference Call March 09, 2021, 01:30 ET Company Participants Rebecca Sharpe - CFO & Executive Director Ronald Lam - Chief Customer & Commercial Officer Andy Wong - General Manager, Corporate Affairs Conference Call Participants Pres...

Cathay Pacific is going from a three-brand strategy to a two-brand strategy, unifying the structure of the airline. Permanent decommissioning of aircraft remains modest, but we expect many stored aircraft not to return to service. Orders intended for growth will rebuild the gap th...

In 1H, Cathay Pacific revenues declined by nearly 50% Y/Y. While the government of Hong Kong helped the airline to stay afloat, the high debt load, along with a weak recovery, is making the airline uninvestable. We hold no position in the company. For further details see: ...