Company Overview and News

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Jet Airways lenders are wary of extending new loans

2018-08-14 livemint
Mumbai: Jet Airways (India) Ltd’s lenders are reluctant to extend additional loans to the cash-strapped airline ahead of a key report by the company’s financial auditor, according to people with direct knowledge of the matter. India’s biggest full-service carrier, part-owned by Etihad Airways PJSC, had approached banks for emergency funding but the lenders prefer that the company raises money from a share sale before they would commit to any fresh credit, said one of the people, who asked not to be identified as the matter is confidential.
C6L AXB 532617 JETAIRWAYS SINGY 0293 HCS 532215 HSB AXBKY 0005 AXBA AXISBANK CPCAY HSEA HSEB CPCAF HSBC HBCYF SINGF SBAZ

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Jet Airways lenders wary of extending new loans

2018-08-14 malaymail
MUMBAI, Aug 14 — Jet Airways India Ltd.’s lenders are reluctant to extend additional loans to the cash-strapped airline ahead of a key report by the company’s financial auditor, according to people with direct knowledge of the matter.
C6L AXB 532617 JETAIRWAYS SINGY 0293 HCS 532215 HSB AXBKY 0005 AXBA AXISBANK CPCAY HSEA HSEB CPCAF HSBC HBCYF SINGF SBAZ

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Bloomberg’s Week in Pictures - Bloomberg

2018-08-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
ELKMF GFI.WI BLT BHPBF 0293 GOR BHP BOE CPCAY BBL AEP GFI BHP CPCAF GFIOF BA BHPLF

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Cathay Pacific Airways, Ltd. ADR 2018 Q2 - Results - Earnings Call Slides

2018-08-08 seekingalpha
The following slide deck was published by Cathay Pacific Airways, Ltd. ADR in conjunction with their 2018 Q2 earnings call.
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Cathay Pacific slumps to a surprise loss as crude oil hobbles recovery

2018-08-08 malaymail
BEIJING, Aug 8 — More passengers, higher ticket prices and a cargo rebound couldn’t save Cathay Pacific Airways Ltd from slumping into yet another loss. For Chief Executive Officer Rupert Hogg, that means his restructuring efforts need to strengthen further to turn the tide.
ZNH AICAF CHEAF AIRYY 0293 CEA 0670 1055 0753 AIRC BOE CPCAY CPCAF BA

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UPDATE 2-Cathay Pacific narrows losses on higher air fares, flags better H2

2018-08-08 reuters
SHANGHAI/SINGAPORE (Reuters) - Cathay Pacific Airways Ltd (0293.HK) on Wednesday posted a narrower half-year loss on a strong rise in airfares and cargo rates and flagged expectations for a better second half, although its failure to curb costs fueled market concerns.
0753 AICAF C6L AIRC BOE CPCAY AIRYY 0293 CPCAF SINGY BA SINGF

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Cathay Pacific slumps to a surprise loss as crude oil hobbles recovery

2018-08-08 thestar.com.my
BEIJING: Cathay Pacific Airways Ltd. slumped to a surprise loss on surging fuel expenses and past hedging contracts gone awry, challenging Chief Executive Officer Rupert Hogg’s efforts to turn around the carrier that faces increasing competition from mainland Chinese airlines.
ZNH AICAF CHEAF AIRYY 0293 CEA 0670 1055 0753 AIRC BOE CPCAY CPCAF BA

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Cathay Pacific’s recovery hits rough patch on oil, trade war

2018-08-07 thestar.com.my
BEIJING: It’s turning out to be a bumpy road to recovery for Cathay Pacific Airways Ltd. Just when the premium airline was showing signs of a rebound, crude oil played spoilsport again, denting early gains from a transformation plan that Chief Executive Officer Rupert Hogg considers crucial to survival. More uncertainty lies ahead for the world’s third-largest cargo carrier as a global trade war escalates.
C6L CPCAY 0293 CPCAF SINGY SINGF

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Cathay Pacific plans job cuts amid Chinese rivalry

2018-07-31 thestar.com.my
TOKYO: Cathay Pacific Airways Ltd offered a voluntary early retirement package to employees in Japan as part of a three-year restructuring effort to revive earnings growth.
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Cathay plans job cuts overseas amid competition from China rivals

2018-07-31 malaymail
TOKYO, July 31 — Cathay Pacific Airways Ltd offered a voluntary early retirement package to employees in Japan as part of a three-year restructuring effort to revive earnings growth.
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Cathay plans job cuts overseas amid competition from China rivals

2018-07-31 bworldonline
Cathay Pacific Airways Ltd. plans to cut jobs at its overseas operations as part of the company’s three-year restructuring efforts, South China Morning Post reported.
0753 AICAF AIRC CPCAY AIRYY 0293 CPCAF

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SIA’s transformation plan hits a snag after Q1 profit plunges 59%

2018-07-26 channelnewsasia - 1
SINGAPORE: National carrier Singapore Airlines (SIA) reported on Thursday (Jul 26) that group net profit fell by nearly 59 per cent in the first quarter, throwing a snag in its major turnaround plan to stem losses.
C6L CPCAY 0293 SINGY CPCAF SINGF

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SIA’s transformation plan hits a snag after Q1 profit plunges 59%

2018-07-26 channelnewsasia - 1
SINGAPORE: National carrier Singapore Airlines (SIA) reported on Thursday (Jul 26) that group net profit fell by nearly 59 per cent in the first quarter, throwing a snag in its major turnaround plan to stem losses.
C6L CPCAY 0293 SINGY CPCAF SINGF

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Luxury lounge wars heat up as airlines vie for high-end passengers

2018-07-21 sfgate
So you think your only choice during a long layover or a flight delay is to suffer in the airport terminal?
CPCAY 0293 CPCAF

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Singapore Airlines tops passenger survey

2018-07-19 japantimes.co.jp
Travelers voted Singapore Airlines Ltd. the best carrier in the world, according to SkyTrax, which surveys more than 20 million fliers every year. It was also named the best in first-class. This is the fourth time the Asian company is winning the honors since the annual award was established in 1999.
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