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MIAMI – This week, Cathay Pacific (CX) has unveiled its interim results with revenues of HK$27,669m. This represents a drop of 48.3% in comparison to the same period last year. For the other red numbers, the company recorded a HK$9,865m loss in profit. In comparison with 2019, it was HK$1,347m, with the representative change being […] The post Cathay Pacific Reports 48% Drop in Revenues appeared first on Airways Magazine.

1 month, 2 weeks ago

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PIA - Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int'l) will introduce a voluntary separation scheme to cut down its excessive workforce, chief executive Arshad Malik told the country’s Senate Standing Committee on Aviation on September 23, the Express Tribune newspaper reported.…

1 hr, 16 mins ago
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El Al Israel Airlines (LY, Tel Aviv Ben Gurion) is pushing back against the acquisition of a controlling 43% stake by 27-year-old yeshiva student Eli Rosenberg, alleging he is simply a front man for his father Kenny Rosenberg, who is not - as required by law - an Israeli citizen, according to a letter…

2 hrs, 22 mins ago
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LONDON – The administrators in charge of South African Airways (SA) have suspended the airline’s operations until the government injects the funding it has promised. They say the state-owned airline is being put under “care and maintenance” until funding for the R10bn (US$590m)…

2 hrs, 54 mins ago
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MIAMI – Today, SWISS International Air Lines (LX) announced it will appoint a new CEO for next year. The successor will be decided in Q4 2020. According to the announcement, current CEO Thomas Klühr has asked the Board of Directors to release him from his duties due to personal reasons at the…

3 hrs, 16 mins ago
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Avianca Airlines (AV, Bogotá) resumed international flights from San Salvador Int'l, in El Salvador, and Managua, in Nicaragua, on September 19, 2020, and from Medellín José Maria Córdova, Colombia, on September 28, 2020. The airline plans to add international flights from…

3 hrs, 27 mins ago
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MIAMI – The Airline Pilot’s Association announced that Pilots at United Airlines (UA) voted in favor of the Pandemic Recovery Letter of Agreement, canceling the 2,850 scheduled furloughs. In order to do this, UA and its Pilots have agreed to spread flying hours among the aviators. In addition,…

3 hrs, 35 mins ago
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4 hrs, 33 mins ago
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Two Embraer E195s have commenced operations in Vietnam with Bamboo Airways, offering the first jet service to Con Dao from Hanoi, Vinh and Hai Phong....

4 hrs, 58 mins ago
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The International Air Transport Association (IATA) downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery, as evidenced by a dismal end to the...

5 hrs, 18 mins ago
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Aer Lingus (EI, Dublin Int'l) has launched a tender for the operation of its Aer Lingus Regional brand ahead of the expiration of its existing contract with Stobart Air (RE, Dublin Int'l) at the end of 2022, the Irish Independent has said. Former IAG International Airlines Group chief executive Willie…

5 hrs, 38 mins ago
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