Cathay Pacific believes the worst is over, but a long recovery lies ahead
Cathay Pacific CEO, Tony Tyler, this week, stated he believes the worst of the global economic slump is over, with the CEO encouraging seeing a surge in cargo demand and “decent” yield improvements. [1841 words]
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This report contains the following subheadings:
- Seeing “pick-up” in premium traffic
- Reconfiguring aircraft to match premium capacity with demand
- Reducing IMT staff
- Cathay Pacific and Dragonair to launch cargo joint venture with Air China
- Dragonair and Cathay Pacific charge passenger for extra legroom
- Also joining hands in marketing
- Dragonair launches daily service to Guangzhou and enhances focus on SAARC region
- Hong Kong Airlines awards three year ground services contract in Hainan
- Hong Kong Airlines and Hong Kong Express expand cooperation
- Hong Kong Express increases fuel surcharges
This report contains the following charts and tables:
- Cathay Pacific fleet: Week commencing 16-Nov-2009
- Cathay Pacific aircraft delivery schedule: 2009 to 2015
- Dragonair fleet: Week commencing 16-Nov-2009
- Hainan Meilan International Airport capacity breakdown (seats per week as % of total)
- Hong Kong Airlines: Week commencing 16-Nov-2009
- Hong Kong Airlines aircraft delivery schedule: 2010 to 2015
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