CPCAY News and Press, Cathay Pacific Airways Ltd. ADR From 08/13/22

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 Cargo has deployed Descartes Core Bluetooth Low Energy (BLE) readers, tags and network as part of Cathay Pacific’s recently launched Ultra Track cargo tracking service.The Descartes (DSGX) solution helps Cathay Pacific (CPCAY) provide customers with real-time shipment lo...

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...

The cargo business's strength was sustained in 2H 2020 due to supply constraints and the start of the peak season, and vaccine distribution could provide upside to revenue in 2021. Cathay Pacific has put in place new initiatives to deliver cost savings, but further fund raising and im...

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...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Can Tesla hit 2020 delivery target?All eyes will be on Tesla's (TSLA) Q3 results this afternoon after the electric carmaker reported record vehicle deliver...

Cathay Pacific Airways (CPCAY) to cut 8,500 jobs and shut a regional airline as it battles with plunge in air travel due to the pandemic. ~5,300 employees based in Hong Kong, 600 elsewhere may lose their jobs and 2,600 unfilled positions will be cut. “The global pandemic continues...

Cathay Pacific Airways ([[CPCAY]] +1.2%) reports revenue passenger kilometres down 97% to 301.7M in September.Passenger load factor contracted 4,880 bps to 24.9%.Capacity squeezed 91% to 1.21B available seat kilometres.Passengers carried fell 98.1% to 47,061.The cargo and mail load ...

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: ...