Cathay Pacific has reaffirmed its commitment to achieving net-zero carbon emissions by 2050 by committing to use sustainable aviation fuel (SAF) for 10% of total fuel usage by 2030. For more than a decade, the carrier has led the way in promoting SAF development. It was the first airline to invest in Fulcrum BioEnergy in … Read more
The flag carrier of Hong Kong, Cathay Pacific Airways has announced to operate less than 50 percent of its pre-pandemic passenger flight capacity in 2021. According to the details, this moves came after the company projected major job losses, Cathay Pacific Airways said it will operate less than 50 percent of its pre-pandemic passenger flight … Read more
One of Asia’s biggest airlines Hong Kong airline Cathay Pacific Airways has offered the government help fund a 39 billion Hong Kong dollar ($5 billion) recapitalization plan to help it endure the coronavirus pandemic. According to details, Cathay Pacific said the plan calls for it to issue shares to raise more than 33 billion Hong … Read more
