>CathayPacific

Cathay Pacific Announces Significant Reduction in Staff Profit Share Payouts

4 months ago

In a surprising move, Cathay Pacific has revealed plans to slash its profit-sharing payouts to employees by approximately 50%. This announcement comes as the airline grapples with ongoing challenges in the wake of the global pandemic and its efforts to recover financially. The drastic reduction underscores the difficult economic climate that continues to affect the aviation industry.

Cathay Pacific Reports Robust Financial Performance in Second Half of 2024

5 months ago

Cathay Pacific Airways has announced its financial performance for the second half of 2024, showcasing a significant rebound and strong results driven by an increase in passenger demand and a recovery in international travel. Following a challenging few years due to the global pandemic, the airline has successfully navigated through turbulent times, adjusting its operations and enhancing customer experiences.