Before the pandemic, Cathay Pacific was one of Asia's largest international airlines and the world's fifth-largest air cargo carrier
Qatar Airways has full confidence in Cathay Pacific Airways and will increase its 10% stake in the Hong Kong carrier if it has any opportunity to do so
Shukor Yusof, the founder of aviation consultancy Endau Analytics, said Cathay's brief foray into the red changed thinking at the company
SINGAPORE: Oil tumbled to new multi-year lows in Asia on Monday, extending a sharp sell-off last week in response to OPEC's decision to maintain output despite a supply glut and plunging prices.
KARACHI: Foreign airlines have decided to curtail their night operations at Karachi and other airports over unsatisfactory security arrangements, citing sources, ARY News reported on Wednesday. The airlines have expressed their concern over the security of airports in Pakistan and informed the Civil Aviation Authority (CAA) about their reservations, sources said. Thai airlines Cathay Pacific has already decided to wind up its operations in Pakistan from June 28. The last flight of the airlines will take off for Bangkok…