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  • Cathay Pacific Info

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    King Solomon
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    Cathay Pacific is an airline founded in 1946 with its major shareholder being Swire Pacific. It has 234 aircraft between its main brand and subsidiaries including HK Express and Air Hong Kong, serving 119 destinations in 35 countries. Prior to COVID, it was the 8th largest airline by passengers and 3rd largest in cargo. Cathay Pacific has launched a sustainable aviation fuel program targeting 10% usage by 2030 and 100% by 2050, produced from used cooking oil and animal fat waste. Traffic figures improved throughout 2022 as COVID restrictions eased.

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    notes for company info

    Original Title

    CATHAY PACIFIC INFO

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    Cathay Pacific is an airline founded in 1946 with its major shareholder being Swire Pacific. It has 234 aircraft between its main brand and subsidiaries including HK Express and Air Hong Kong, serving 119 destinations in 35 countries. Prior to COVID, it was the 8th largest airline by passengers and 3rd largest in cargo. Cathay Pacific has launched a sustainable aviation fuel program targeting 10% usage by 2030 and 100% by 2050, produced from used cooking oil and animal fat waste. Traffic figures improved throughout 2022 as COVID restrictions eased.

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    23 views1 page

    Cathay Pacific Info

    Uploaded by

    King Solomon
    Cathay Pacific is an airline founded in 1946 with its major shareholder being Swire Pacific. It has 234 aircraft between its main brand and subsidiaries including HK Express and Air Hong Kong, serving 119 destinations in 35 countries. Prior to COVID, it was the 8th largest airline by passengers and 3rd largest in cargo. Cathay Pacific has launched a sustainable aviation fuel program targeting 10% usage by 2030 and 100% by 2050, produced from used cooking oil and animal fat waste. Traffic figures improved throughout 2022 as COVID restrictions eased.

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    CATHAY PACIFIC

    Founded 1946

    *major shareholder SWIRE PACIFIC*

    Chairman : Patrick Healy

    CEO : Augustus Tang

    CHIEF OPS : Greg Hughes

    C Financial Officer : Rebecca Sharpe

    53 new coming aircrafts

    Under Cathay Pacific Group : HK Express and Air Hong Kong

    FLEET 234 HK and AHK inclusive

    119 destinations 35 countries (under codeshare: 255dest 54countries)

    Pre covid status: 8th carrier - PAX, 3rd in Cargo

    - SAF sustainable aviation fuel program

    Pioneer/first in Asia. Cathay Pacific launched the program on April 2022 and got 8 corporate
    flight companies to signup for the program. Target usage of SAF is 10% by 2030 at Cathay
    Pacific. 100% target by 2050. SAF is developed from used cooking oil and animal fat waste,
    jointly engineered by PetroChina and Shell.

    - TRAFFIC FIGURES 1st months of the year

    January didn’t look good in comparison to 2021 and pre-covid periods – both Passenger and
    Cargo

    *HK based crew quarantine measures*

    February passenger flight figure was better compared to January. But cargo is still down.

    March pax and cargo flight figure better than last year

    April better pax and cargo figures. Some lightening of covid restrictions

    - Cadet pilot program relauched

    - Lufthansa cargo, Cathay Cargo, w/ new partner Swiss World Cargo (network expansion)

    - Bridge loan from HK SAR

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