Category Archives: Cathay Pacific Airways

Cathay Pacific Group plans fleet optimization

Cathay Pacific Group will optimise the passenger fleet of its airlines – Cathay Pacific, Cathay Dragon and HK Express – in order to allow each airline to achieve their full development potential by leveraging their respective unique strengths.

The move is also designed to maximize each airline’s operational efficiency and synergy. This will be good for not only the Group and its airlines, but also the travelling public and our home hub, with better connections through Hong Kong that will strengthen its position as Asia’s leading international aviation hub.

In total, the Group has existing orders for 65 new aircraft that it will receive by 2024, as part of the fleet modernization plan. This includes the delivery of 21state-of-the-art Boeing 777-9 aircraft, 12 modern Airbus A350 and 32 A321neo aircraft between 2020 and 2024.

Following a comprehensive review of its airlines’ fleets, the Group has decided that Cathay Dragon will operate the first 16 of these narrow-body A321neo aircraft upon delivery from 2020 to 2022. The remaining 16 aircraft, meanwhile, will join the HK Express fleet from 2022.

 

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Cathay Pacific announces senior management changes

Cathay Pacific Airways announced today the following management changes, effective from 19th August:

  • Mr. Augustus Tang appointed Chief Executive Officer, succeeding Mr. Rupert Hogg.
  • Mr. Ronald Lam appointed Chief Customer and Commercial Officer, succeeding Mr. Paul Loo.  Ronald Lam will remain Chief Executive Officer of Hong Kong Express until a successor has been appointed.

The Board of Directors of Cathay Pacific announced that it has accepted the resignation of Rupert Hogg as Chief Executive Officer and Paul Loo as Chief Customer and Commercial Officer.  At a Board meeting today, Augustus Tang was appointed Chief Executive Officer and Ronald Lam was appointed Chief Customer and Commercial Officer.  The Board of Directors believes that it is the right time for new leadership to take Cathay Pacific forward and that Augustus Tang and Ronald Lam, both of whom are highly experienced executives with long careers at Cathay Pacific, are ideally suited to lead the company.

John Slosar, Chairman of Cathay Pacific, commented, “Augustus Tang and Ronald Lam have the experience and depth of knowledge of aviation and our people to be strong and effective leaders of Cathay Pacific at this sensitive time. Hong Kong is a fantastic home for our airline.  It is a world class city and has a premium airport which is the biggest international passenger and cargo hub in Asia.  Cathay Pacific has a relentless focus on standards of safety and care, and an unrivalled reputation for customer service.”

Mr. Hogg stated, “It has been my honour to lead the Cathay Pacific Group over the last three years.  I am confident in the future of Hong Kong as the key aviation hub in Asia. However, these have been challenging weeks for the airline and it is right that Paul and I take responsibility as leaders of the company.”

Mr. Slosar added, “Rupert Hogg and his team executed the three-year Transformation Programme which has been important to Cathay Pacific’s recovery and provides a strong platform for continued development. However, recent events have called into question Cathay Pacific’s commitment to flight safety and security and put our reputation and brand under pressure.  This is regrettable as we have always made safety and security our highest priority.  We therefore think it is time to put a new management team in place who can reset confidence and lead the airline to new heights.  Cathay Pacific is fully committed to Hong Kong under the principle of ‘One Country Two Systems’ as enshrined in the Basic Law.  We are confident that Hong Kong will have a great future.”

Cathay Pacific completes acquisition of Hong Kong Express Airways

Cathay Pacific Airways has announced that it has completed the acquisition of Hong Kong Express Airways (HK Express). HK Express is now a wholly owned subsidiary of Cathay Pacific.

Cathay Pacific Chief Executive Officer and HK Express Chairman Rupert Hogg said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisition is good for the travelling public, good for HK Express, good for the Cathay Pacific Group, and good for the development of Hong Kong as a global aviation hub.

“HK Express will continue to operate as a stand-alone airline using the low-cost carrier business model. I would also like to reassure HK Express customers that there is no change to the airline’s operating model and that business will continue as usual. There will be more value fares and more destinations available to travellers.

“We look forward to working with the HK Express teams to ensure a smooth transition and to continue to grow the airline in order to better serve its customers.”

Leading the HK Express team as CEO is Ronald Lam who has worked with the Cathay Pacific Group and HAECO for more than twenty years, most recently as Cathay Pacific Director Commercial & Cargo.

Mr Hogg explained that the acquisition of HK Express is an attractive and practical way for the Cathay Pacific Group to develop and grow its aviation business over the long term, while also enhancing the competitiveness of its Hong Kong home base as a leading aviation hub.

He said: “Our respective businesses and business models are largely complementary. HK Express captures a unique market segment that, together with the extensive network offered by the Cathay Pacific Group, could multiply connection opportunities through Hong Kong. This will bring tremendous benefits to the travelling public with more choices and greater convenience for their travel experience.”

Cathay Pacific delays its first payment to HNA for HK Express

First Boeing 747 in the new 2018 livery

Cathay Pacific Airways has delayed its first payment to the HNA Group for its HK Express subsidiary.

According to the report by Forbes, the payment was held up due to a questionable purchase of three Boeing 747-400F freighters that have not yet been disposed.

HK Express leased two Boeing 747-400F freighters to ACT Airlines (top) and the third is operated by Suparna Airlines according to the report.

Read the full report.

Top Copyright Photo (all others by the airlines): ACT Airlines Boeing 747-428F ER TF-ACR (msn 32866) IST (Javier Rodriguez). Image: 943472.

ACT Airlines aircraft slide show:

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Cathay Pacific agrees to acquire Hong Kong Express (HK Express)

Third Airbus A320neo, delivered on March 15, 2017

Cathay Pacific Airways has issued this statement:

Cathay Pacific Airways Limited on March 27, 2019 announced it has reached agreement to acquire Hong Kong Express Holding Company Limited for HK$4.93 billion, comprising (i) a cash consideration of HK$2.25 billion payable in cash; and (ii) a non-cash consideration of HK$2.68 billion settled through the issue and novation of promissory loan notes.

Completion is conditional upon certain conditions being fulfilled, including clearances required from relevant competition authorities, consents under relevant contracts of HKE and the termination or variation of certain arrangements between HKE and its related parties.

The performance of the Seller’s obligations under the Share Purchase Agreement is guaranteed by the Seller’s Guarantor.

Upon completion of the Transaction on or before December 31, 2019, HKE will become a wholly-owned subsidiary of Cathay Pacific.

For more information: CLICK HERE

Top Copyright Photo (all others by HK Express): HK Express Airbus A320-271N WL B-LCN (msn 7512) NRT (Michael B. Ing). Image: 940421.

HK Express aircraft slide show:

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Cathay Pacific boosts frequencies to Adelaide, Frankfurt, Madrid and Tokyo

Cathay Pacific Airways Airbus A350-941 F-WZGW (B-LRR) (msn 119) TLS (Paul Bannwarth). Image: 938907.

Cathay Pacific Airways is adding more and more destinations to our already expansive global network*, we are also increasing the frequency of services on some of our most popular routes across three continents to give our passengers more choice and greater options.

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Frankfurt goes 10 times weekly

Currently served daily from Hong Kong, we’re going to be adding an additional three weekly flights to the German commercial and cultural hub from 31 March 2019, departing Tuesdays, Fridays and Sundays. Flight CX283 leaves Hong Kong at 12:30, arriving into Frankfurt at 18:40. The late evening return departure of CX282, meanwhile, allows customers to maximise their time on their final day in Europe. These additional flights will be operated by our Airbus A350-900 aircraft, which feature Business, Premium Economy and Economy cabins, Wi-Fi connectivity and our latest inflight entertainment system across all three classes.
Flight schedules between Hong Kong and Frankfurt from 31 March 2019 (all times local):

Flight no From To Departure/Arrival Days of operation
CX 289 HKG FRA 0035/0645 Daily
CX 288 FRA HKG 1345/0650+1 Daily
CX 283 HKG FRA 1230/1840 Tuesday, Friday, Sunday
CX 282 FRA HKG 2040/1345+1 Tuesday, Friday, Sunday

 

Six of the best to Adelaide

The cosmopolitan South Australian capital is the gateway to the state’s flourishing wine region – and we’ll be raising a glass to the addition of a sixth weekly flight from Hong Kong starting 28 October 2018. As well as providing the extra service, which will be operated by Airbus A330-300 aircraft, we will be introducing a new schedule to Adelaide, which sees three weekly flights departing Hong Kong overnight, and three in the morning hours. From Adelaide, return flights will move from an early morning departure to afternoons and late evenings. This split schedule gives customers greater choice and improved connectivity to and from European destinations via our Hong Kong hub.

 

Flight schedules between Hong Kong and Adelaide from 28 October 2018 (all times local):

Flight no From To Departure/Arrival Days of operation
CX 175 HKG ADL 0015/1140 Wednesday, Friday, Sunday
CX 174 ADL HKG 1300/1920 Wednesday, Friday, Sunday
CX 173 HKG ADL 0915/2035 Tuesday, Thursday, Saturday
CX 176 ADL HKG 2215/0505+1 Tuesday, Thursday, Saturday

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Madrid to be made daily

The elegant boulevards, world-class restaurants, historic museums and charming neighbourhoods of the Spanish capital are going to be more accessible than ever before next summer. Between June and October 2019, we’re going to be adding two weekly flights between Hong Kong and Madrid – on Mondays and Wednesdays; turning this five-times-weekly service into a daily operation. The new flights will be operated by our Airbus A350-900 aircraft.

Flight schedules between Hong Kong and Madrid between 3 June and 23 October 2019 (all times local):

Flight no From To Departure/Arrival Days of operation
CX 315 HKG MAD 0050/0845 Monday, Wednesday
CX 320 MAD HKG 1230/0705+1 Monday, Wednesday
CX 315 HKG MAD 0050/0845 Tuesday, Thursday, Friday, Saturday, Sunday
CX 320 MAD HKG 1230/0705+1 Tuesday, Thursday, Friday, Saturday, Sunday

Tokyo.jpg

Topping up Tokyo

We fly more to Japan from Hong Kong than any other airline, and for good reason: the Land of the Rising Sun has long been a firm favourite among our customers and its popularity as a holiday hotspot continues to grow from strength to strength. On the back of increasing customer demand, we will be introducing an additional daily non-stop flight to Tokyo (Narita) from 28 October 2018. Flight CX526 will depart Hong Kong at 0810, arriving into the Japanese capital at 1310. The return service, CX527, leaves at 1420, arriving into Hong Kong at 1845.

Cathay Pacific flies six times daily between Hong Kong and Tokyo (Narita). Details of the new service from 28 October are as follows:

Flight no From To Departure/Arrival Days of operation
CX 526 HKG NRT 0810/1310 Daily
CX 527 NRT HKG 1420/1845 Daily

 

*Expanding horizons

The Cathay Pacific Group is growing at an unprecedented rate, as we look to boost connectivity for our customers across the world. In 2018 alone, ten new destinations are linked with Hong Kong including Brussels, Copenhagen, Dublin, Nanning, Jinan, Washington D.C., Cape Town, Davao City, Medan and Tokushima. Another new destination to look forward to is Seattle, which will join the network in March 2019. Watch this space for more destination announcements in the months ahead.

Top Copyright Photo (all others by Cathay Pacific): Cathay Pacific Airways Airbus A350-941 F-WZGW (B-LRR) (msn 119) TLS (Paul Bannwarth). Image: 938907.

Cathay Pacific aircraft slide show:

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