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I didn't have to wait to get into the lounge, which felt premium as soon as I walked in. Rachel DubeCathay Pacific has two lounges for first-class fliers in this airport — The Wing and The Pier — but the latter was closest to me, so I chose to visit it during my travels. According to Cathay Pacific's website, the lounge is available from 5:30 a.m. to 12:30 a.m. daily. To enter the lounge, I scanned my boarding pass at the check-in station. From the moment I entered, it felt like a premium airport lounge experience.
Persons: Rachel Dube Cathay, I've Organizations: Rachel Dube Cathay Pacific, Cathay Pacific's Locations: It's
Cathay Pacific is one of just 10 airlines rated five stars by Skytrax. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the best airlines in the world is considering asking business-class passengers to bring their own cutlery on board, the travel news site View From The Wing reported. Cathay Pacific, the Hong Kong flag carrier, is one of just 10 airlines rated five stars by Skytrax.
Persons: , Skytrax Organizations: Cathay, Skytrax, Service, Cathay Pacific, Business Locations: Hong Kong, Asia, Cathay Pacific
Bilt, the company that awards points when you pay rent, adds Alaska Airlines as a transfer partner. However, Bilt will lose American Airlines as a points transfer partner in June 2024. Noteworthy Alaska Airlines partners include oneworld alliance partners American Airlines, British Airways, Cathay Pacific, Japan Airlines, Qantas, and Qatar. In addition to Alaska Airlines, Bilt partners with American Airlines, Aer Lingus, Air Canada, Avianca, British Airways, Cathay Pacific, Emirates, Air France-KLM, Hawaiian AIrlines, Iberia, IHG, Marriott, Turkish Airlines, Virgin Atlantic, United Airlines and Hyatt. Bilt and American Airlines will part ways in June, three years after their partnership initially began.
Persons: Bilt, Organizations: Alaska Airlines, Alaska Airlines cardholders, American Airlines, Service, oneworld, British Airways, Cathay, Japan Airlines, Qantas, luxe, Air, Singapore Airlines, Mastercard, Aer Lingus, Air France, KLM, Hawaiian AIrlines, Turkish Airlines, Virgin Atlantic, United Airlines, Hyatt Locations: Alaska, Cathay Pacific, Qatar, Air Canada, Emirates, Air, Iberia, IHG, Marriott
A Delta airlines aircraft arrives at JFK International Airport in New York on February 7. Charly Triballeau/AFP/Getty Images/FileDelta has said it will resume daily flights between Tel Aviv and New York on June 7. The route was suspended in October last year after Hamas' attack on Israel triggered the ongoing war. Delta said the decision to resume the service "follows an extensive security risk assessment by the airline." Delta was among multiple airlines that halted services to Tel Aviv following the October 7 attack, including American Airlines, Cathay Pacific and Air Canada.
Persons: Charly Triballeau, Delta Organizations: Delta, JFK International, Getty, American Airlines, Cathay Pacific, Air Canada Locations: New York, AFP, Tel Aviv and New York, Israel, Tel Aviv
FoundersCard is an exclusive membership for startup founders, CEOs, entrepreneurs, and innovators. FoundersCard members can gain access to private, exclusive networking events. Benefits of FoundersCard MembershipFoundersCard offers a wide range of benefits that can be loosely broken into three categories: savings and discounts, VIP treatment and perks, and exclusive events. British Airways offers FoundersCard members up to 10% off most round-trip fares between the US or Canada and the UK. FoundersCard is a private membership club offering access to exclusive benefits and networking opportunities for entrepreneurs and business professionals.
Persons: , — there's, FoundersCard, Eric Kuhn, it's, MOO, General Assembly —, isn't Organizations: Service, Cathay Pacific, British Airways, . Alaska Airlines, Continental, JetBlue, Mint, American Airlines, Qantas, Australian, Emirates, Singapore Airlines, UPS, Apple, General Assembly, Business, Chevron Locations: Austin, Canada, Continental US, Hawaii, Australia, New Zealand, East, Asia, Africa, LegalZoom, Chevron
Nvidia's chips primed the company to leverage the latest AI boom. Advancements in AI have fields beyond tech — like healthcare and finance — racing to figure out how to implement the technology. To do so, you need chips known as graphics processing units or GPUs that will power the AI tech. An Nvidia spokesperson declined to comment but pointed to a December blog post outlining how the company supports ventures "harnessing Nvidia technologies." "The biology companies, the healthcare companies, financial services companies, AI developers, large-language model developers, autonomous vehicle companies, robotics companies … All of these startups, large companies, healthcare, financial services and auto and such are working on NVIDIA's platform, Huang in an earnings call in February.
Persons: , Nventures, Jensen Huang, Huang Organizations: Nvidia, Service, Microsoft, Apple, Business, Wall Street, Moon, Sofinnova Partners, Cathay Health, SEC, Pharmaceuticals, NVIDIA Locations: California
Another AI medical records startup, DeepScribe, raised a $30 million Series A round in January 2022. AbridgeThe investor descent on medical-scribe startups reflects a blatant potential of automation tech to alleviate healthcare’s most critical issues. “This market is screaming hot,” said Bryan Roberts, a partner at Venrock and an investor in medical-scribe startup Suki. AdvertisementStill, as health systems increasingly adopt AI solutions to manage labor costs, these startups have room to grow into their valuations. Medical-scribe startups vying for the remaining slice of the pie are “in a pitch to the death,” Roberts said.
Persons: , , Kleiner Perkins, Andreessen Horowitz, Suki, Punit Soni, Shiv Rao, , Bryan Roberts, ” Roberts, Annie Case, Case, Hermann, Keith Srakocic, Roberts, there’s, Organizations: Service, Business, Healthcare, Fund, Optum Ventures, Medical, Cathay Innovation, Microsoft, University of Pittsburgh Medical Center, University of Kansas Health, AP
Bioptimus, a new French AI startup for life sciences, has raised $35 million in seed funding. Founded in 2023, Bioptimus is the brainchild of Jean-Philippe Vert, a former research scientist at Google and recently chief R&D officer at French health AI startup Owkin. The company was formed to capitalize on the enormous potential of AI in biological sciences, Vert told Business Insider. "There is something very special now about AI," Vert said. Owkin, Vert's former employer, is an investor and partner to the startup, as is tech entrepreneur and investor Xavier Niel.
Persons: Bioptimus, Jean, Philippe Vert, Rolophe Jenatton, Xavier Niel Organizations: Google, Business, Sofinnova Partners, Cathay Innovation, Harvest, Fundraising Locations: Owkin
Maxar Technologies Visual Investigations The $2.8 Billion Hole in U.S. Sanctions on Iran A Times investigation reveals how lax government oversight allowed shadowy oil tankers, covered by American insurance, to fund Iran’s regime. The American Club is one of only 12 major insurers of its kind, and the only one based in the United States. By then, the tankers had transported at least $2.8 billion in crude oil, based on the lowest reported prices of Iranian oil in 2023. The Treasury office has publicly enforced sanctions on the American Club only once in the past 20 years. Ultimately, the office said the American Club did “not appear to have been willful or reckless” and the case was settled.
Persons: Biden, , penna gabrielle toyomi, penna selene gabrielle, gabrielle, selene, lisa marianne selene, Samir Madani, Maggie Hassan, Daniel Tadros, , Mr, Tadros, Shipowners, ” Mr, Madani of TankerTrackers.com, David Tannenbaum Organizations: Maxar, Maxar Technologies, Sanctions, U.S, White, New York Times, Times, Treasury Department, American Club, Treasury, cathay kirin, Copernicus, Planet Labs, Star, American, The Times, Revolutionary Guards Corps, Anadolu Agency, Getty, Club’s, Hamas, Bloomberg, United Against Nuclear, Nuclear, Glory, United, National Iranian Tanker, Labs, Copernicus Sentinel, Club, International Maritime Organization, AIS, Spire Locations: Gulf of Oman, American, U.S, Iran, New York, New Hampshire, United States, Hong Kong, Kharg, Kpler, China, Israel, Yemen, United Against Nuclear Iran, Nuclear Iran, United Arab Emirates, Asaluyeh, Dubai, of Oman, Persian, Oman, Cuba, Sudan, MarineTraffic, SynMax, TankerTrackers.com
“I don’t believe that you should be worried,” says Geoffrey Thomas, an aviation safety expert and editor in chief of Airline Ratings, which publishes an annual list of the safest airlines. The list of the world’s safest airlines is topped by Air New Zealand, Qantas, Virgin Australia, Etihad Airways, Qatar Airways, Emirates, All Nippon Airways, Finnair and Cathay Pacific. Charly Triballeau/AFP/Getty Images“Aviation is the safest mode of transportation,” says Anthony Brickhouse, a professor of aviation safety at Florida’s Embry-Riddle Aeronautical University. “Unfortunately, with the Japan Airlines accident, we did lose five people on the military aircraft, but everybody made it off of the civilian aircraft. Remote in probabilityDespite concerns, the Boeing 737 has a better safety record than the 747, experts say.
Persons: , Geoffrey Thomas, it’s, , Thomas, Charly Triballeau, Anthony Brickhouse, Florida’s Embry, Brickhouse, Max, we’ve, Willie Walsh, Arnold Barnett, That’s, we’re, ” Barnett, Jason Redmond, Barnett Organizations: CNN, Alaska Airlines, Max, Boeing, , Airbus, Air New Zealand, Qantas, Virgin Australia, Etihad Airways, Qatar Airways, Emirates, All Nippon Airways, Finnair, Cathay Pacific, Getty, Florida’s, Riddle Aeronautical University, US Federal Aviation Administration, National Transportation Safety Board, Japan Airlines Airbus, Tokyo Coast Guard, FAA, Japan Airlines, NTSB, Reuters, Massachusetts Institute of Technology, European Union, United Locations: AFP, Tokyo, Japan, Africa, Latin America, Asia, Australia, Canada, China, Israel, New Zealand, Norway, Switzerland, United Kingdom, United States
Tokyo CNN —A Korean Air plane clipped wings with a Cathay Pacific jet at an airport in Japan’s northern island of Hokkaido on Tuesday amid heavy snow – an incident that comes just weeks after a fatal aircraft collision in Tokyo. No injuries were reported in the collision at Hokkaido’s New Chitose Airport (CTS), which occurred around 5:30 p.m., according to the airport operator. The Korean Air jet had 289 passengers and crew on board, the Chitose Fire Department told CNN, while the Cathay Pacific plane was empty. Airport safety issues have been under scrutiny in Japan following a fatal collision at Tokyo’s busy Haneda airport on January 2 when a Japan Airlines jet burst into flames after hitting a coast guard plane. Kyodo News/APThere are no concerns relating to oil leakage following the accident, according to the fire department, which said the details are under investigation.
Organizations: Tokyo CNN, Cathay Pacific, Korean Air, Chitose Fire Department, CNN, Cathay, Japan Airlines, Korean, Kyodo Locations: Japan’s, Hokkaido, Tokyo, Chitose, Japan, Haneda, Cathay Pacific, Sapporo, Hong Kong
Planes Come Into Contact at Snowy Japan Airport
  + stars: | 2024-01-16 | by ( Miho Inada | Peter Landers | ) www.wsj.com   time to read: 1 min
Planes belonging to Korean Air, left, and Cathay Pacific, right, after a collision at a Japanese airport. Photo: KYODO NEWS/ASSOCIATED PRESSTOKYO—A Korean Air jet that was moving away from the gate in heavy snow touched a Cathay Pacific plane at an airport in northern Japan on Tuesday, the airlines said. No one was hurt and there was no fire, officials said. Korean Air said the incident happened about 5:35 p.m. at New Chitose Airport near Sapporo on the northern island of Hokkaido. The Korean Air Airbus A330, scheduled to fly to Seoul with 276 passengers and 13 crew aboard, had just departed the gate and was in pushback, meaning it was getting into position to head to the runway with help from a ground handler vehicle.
Organizations: Korean Air, Cathay, KYODO, New, Korean Air Airbus Locations: Korean, Cathay Pacific, Japan, New Chitose, Sapporo, Hokkaido, Seoul, pushback
Two planes collided at an airport on Japan’s snowy northern island of Hokkaido on Tuesday, according to the airlines involved, just weeks after a deadly runway blaze in Tokyo. Nobody was injured in the collision on Tuesday, which involved planes belonging to Korean Air and Cathay Pacific. It happened at around 5:30 p.m. local time at New Chitose Airport, according to NHK, Japan’s public broadcaster. Korean Air confirmed that its jet “came into contact” with the Cathay aircraft during pushback. “There were no injuries and the airline is cooperating with all relevant authorities,” Korean Air said in a statement.
Persons: Nobody Organizations: Korean Air, Cathay, NHK, Korean Locations: Hokkaido, Tokyo, New Chitose Airport, Cathay Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESG should not be an excuse for businesses not to perform well, CIO saysSophia Cheng, CIO of Cathay Financial, says "no ESG, no business, no ESG, no money."
Persons: Sophia Cheng Organizations: Cathay Financial
SEATTLE (AP) — Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry. The deal also includes $900 million in Hawaiian debt, which the airlines said brings the acquisition's total value to $1.9 billion. The combined airline would be based in Seattle, with Alaska Airlines CEO Ben Minicucci at its head. Both Hawaiian and Alaska are leading airlines flying between Hawaii and the U.S. mainland, which could raise concerns about lessened competition. The Alaska and Hawaii companies expect the deal to close in 12 to 18 months.
Persons: Ben Minicucci, they're “, Minicucci, Biden Organizations: SEATTLE, Alaska Airlines, Hawaiian Airlines, Biden, oneworld Alliance, American Airlines, British Airways, Cathay, Cathay Pacific ., Pacific, Inter, Island Airways, , Hawaiian Holdings, Sprit Airlines, Justice Department, JetBlue, U.S . Department of Transportation Locations: Alaska, Seattle, Cathay Pacific, Cathay Pacific . Alaska, United States, Americas, Asia, Australia, Honolulu, Hawaii, North America, Hawai'i, aloha, U.S
Nov 27 (Reuters) - Cathay Pacific Airways Ltd (0293.HK) is leaning towards placing an order for around six Airbus (AIR.PA) A350 freighters as the Hong Kong carrier renews the oldest section of its fleet of dedicated 747 cargo jets, industry sources said. Airbus and Boeing had no immediate comment. Industry sources have said the competition pointed to an initial purchase of around half a dozen aircraft, worth some $2 billion at list prices before traditional airline discounts. Cathay Pacific told analysts in August it was looking at freighters and "continuing to study various opportunities". On Friday, it told analysts cargo demand had softened but was "still much higher than pre-pandemic times".
Persons: Tim Hepher, Valerie Insinna, Lincoln Organizations: Cathay Pacific Airways Ltd, Airbus, Hong Kong, Cathay, Boeing, Qatar Airways, Emirates, FedEx, UPS, International Air Transport Association . Industry, Cathay Pacific, Thomson Locations: HK, Hong, Cathay Pacific
King's Fine FoodLaura King has run a caviar business for almost 20 years — even supplying Britain's royal family with the coveted foodstuff. Now, she's known as the "caviar queen," and her firm King's Fine Food imports hundreds of kilos of caviar into the U.K. every two to three weeks. Oscietra caviar is the most popular product sold by King's Fine Food. Laura King (left), founder of King's Fine Food, with her daughter Holly King, the company's sales director. "We're two women in business, probably the only two women in the caviar business almost in the world.
Persons: Laura King, King, John King, Holly —, , Conran, Melba, Terence Conran, retails, , You've, you'll, I've, King's, Holly King, Mason, Queen Elizabeth II, Holly, We've Organizations: King's, CNBC, Fine Food, Harrods, Cathay Pacific, Emirates . British Airways, Foods, John King Brain, Royal Locations: London, Dorchester, British, Iran, Russia, Belgium, China
Here are airlines that have temporarily halted flights to and from Israel:AFRICARoyal Air Maroc cancelled flights to and from Tel Aviv on Saturday and Sunday. On Sunday, United Airlines (UAL.O) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE), including Austrian Airlines, Swiss International Airlines and Brussels Airlines, cancelled flights to and from Tel Aviv through Saturday. Norwegian Air (NAS.OL) cancelled flights from Copenhagen and Stockholm to Tel Aviv and return flights through Sunday. Portugal's TAP suspended flights to and from Tel Aviv without providing a time frame.
Persons: Amir Cohen, Britain's, Vueling, Alessandro Parodi, Joao Manuel Mauricio, Milla Nissi, Bernadette Baum 私 Organizations: Gaza, REUTERS, AFRICA Royal Air Maroc, Delta Air Lines, Sunday, United Airlines, American Airlines, Tel Aviv . United, Air Canada, ASIA Hainan Airlines, Cathay, HK, Korean, Germany's Lufthansa, Austrian Airlines, Swiss International Airlines, Brussels Airlines, Saturday, Ryanair, Air France KLM, Norwegian, TAP, Sunday . British Airways, IAG, Air Europa, Italy's ITA, Aegean Airlines, Bulgaria Air, Air Malta, Virgin Atlantic, EAST Etihad Airways, . Gulf Air Locations: Sderot, Israel, Tel Aviv, AFRICA, ASIA, China, Beijing, Shanghai, Shenzhen, Hong Kong, Incheon, EUROPE, Europe's, France, Copenhagen, Stockholm, Hungarian, Iberia, Spanish, London Heathrow, Abu Dhabi, Gdansk
The situation remains fluid and all information is subject to sudden change, but here’s what travelers need to know following the attacks. Among the locations Hamas has claimed it is targeting is Ben Gurion International Airport, Israel’s international hub, located just outside Tel Aviv. As for Israeli airlines, El Al, the country’s flag carrier, issued a statement on October 8 saying it would continue to operate as usual. Meanwhile, Delta Air Lines has issued guidance for passengers with flights booked to or from Tel Aviv between October 7-14. “The situation in Israel continues to be unpredictable,” said the US Embassy in Israel in a statement, which advised American citizens in Israel to contact the embassy in Jerusalem or the consulate in Tel Aviv.
Persons: Benjamin Netanyahu, CNN’s Nic Robertson, Ben Gurion’s, Ilan, Asaf Ramon, El Al, Ben Gurion, Élisabeth Borne, , Bruno Mars, CNN’s Nicole Goodkind, Sophie Jeong Organizations: CNN, Israeli, Hamas, Ben Gurion International Airport, Asaf Ramon International Airport, El Al Airlines, El Al, El, Arkia Airlines, International, German, Lufthansa, Lufthansa Group Airlines, BFM, Air France, Hong Kong’s Cathay Pacific Airways, Korean Air, Korean, Delta Air Lines, American Airlines, United Airlines, United, Air, Hainan Airlines, Virgin Atlantic, Royal Air Marcoc, Federal Aviation Administration, FAA, Reuters, of European Football Associations, Estonia, “ UEFA, Embassy, Front Command Locations: Israel, Tel Aviv, Red Sea, Eilat, El, Rome, Milan, Athens, Hong, Incheon, Air Canada, Hainan, Switzerland, Germany, , Tel Aviv’s, Gaza, Jerusalem, Lebanon
Airlines suspend Israel flights amid Gaza war
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
Here are airlines that have temporarily halted flights to and from Israel:AMERICASOn Sunday, U.S. carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights to Tel Aviv. ASIAHainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday. EUROPEAll airlines owned by Germany's Lufthansa (LHAG.DE) cancelled flights to and from Tel Aviv through Monday. Britain's easyjet (EZJ.L) halted flights with Tel Aviv on Sunday and Monday, and would adjust the timing of flights in the next few days. Portugal's TAP cancelled flights to and from Tel Aviv scheduled for Sunday and Monday.
Persons: Britain's, Finland's, Monday . Virgin Atlantic, Alessandro Parodi, Milla Nissi, Bernadette Baum Organizations: Israeli, El, Abu Dhabi International Airport, United, United Arab Emirates, Presidential Affairs, REUTERS, Sunday, United Airlines, Delta Air Lines, American Airlines, Tel Aviv . United, ASIA Hainan Airlines, . Cathay, HK, . Korean, Germany's Lufthansa, Air France KLM, Portugal's TAP, Iberia Express, Monday . Virgin, Etihad Airways, Thomson Locations: Abu Dhabi, United Arab, Handout, Tel Aviv, Israel, U.S, ASIA, China, Shanghai, Hong Kong, Incheon, EUROPE, Madrid, Gdansk
CNN —Multiple airlines have canceled flights in and out of Tel Aviv, home to Israel’s largest international airport, after Israel formally declared war on Hamas. In a statement to CNN, American Airlines said it was suspending flights until Friday as it closely monitors the situation on the ground. US carriers have temporarily suspended flights to Israel,” according to the embassy. Hong Kong carrier Cathay Pacific canceled its Tuesday flight to and from Tel Aviv. Ireland’s Ryanair said Monday it was canceling flights in and out of Tel Aviv until October 11, citing operational restrictions.
Persons: Ed Sicher, Israel, Ben, Israel’s Ben, Yoav Gallant Organizations: CNN, American Airlines, Allied Pilots Association, Federal Aviation Administration, Ben Gurion, Cathay Pacific, Tel Aviv . Air Canada, Ryanair, Air India, Lufthansa, Norwegian Air, Korean Air, Israel’s Ben Gurion, Israel’s Locations: Tel Aviv, Israel, Hong Kong, Incheon, Gaza, Jerusalem
Major airlines have canceled flights to and from Tel Aviv. AdvertisementAdvertisementMajor airlines around the world have suspended flights to and from Tel Aviv after Palestinian militant group Hamas launched an unprecedented attack on Saturday and fired thousands of rockets into central and southern Israel, resulting in hundreds of casualties. American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz Air, EasyJet, Korean Air, and Cathay Pacific are among those who have canceled flights to Ben Gurion Airport in Tel Aviv – Israel's only international airport. Israeli Prime Minister Benjamin Netanyahu has since declared a state of war, and Israel has launched retaliatory attacks on Hamas. The following airlines have confirmed online or in statements to Insider that they have suspended flights to Tel Aviv:
Persons: Benjamin Netanyahu, , Ben Gurion Organizations: Hamas, Saturday, Service, American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz, Korean Air, Cathay, Ben Gurion, Ben, FAA, British Airways, AL Airlines, Israel Defence Forces Locations: Tel Aviv, Palestinian, Israel, Korean, Cathay Pacific, Ben, San Francisco, Gaza, El Al
REUTERS/Amir Cohen/File Photo Acquire Licensing RightsOct 9 (Reuters) - Several international air carriers have suspended flight services with Tel Aviv in light of the Hamas militant attack on Israel, saying they were waiting for safety conditions to improve before resuming. Britain's easyjet (EZJ.L) said it had halted flights with Tel Aviv on Sunday and Monday, and would adjust the timings of flights in the next few days. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday, citing the security situation in Israel. It said it would continue flights linking Beijing and the southern tech hub of Shenzhen with Tel Aviv while waiving fees for cancellations before Oct. 20. Korean Air (003490.KS) said it cancelled its Monday flight between the port city of Incheon and Tel Aviv and expects future flights to be irregular.
Persons: Benjamin Netanyahu, Amir Cohen, Finland's, United, Britain's, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Anna Ringstrom, Stockholm Sarah Young, Andrea Ricci, Clarence Fernandez Organizations: Israeli, Ben Gurion International, REUTERS, Fighters, Sunday, United Airlines, Delta Air Lines, American Airlines, Air, Delta, Hainan Airlines, Cathay, HK, Korean, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, U.S, New York, Chicago, Washington, DC, Miami, United States, China, Shanghai, Beijing, Shenzhen, Hong Kong, KS, Incheon, Stockholm, London
Sept 29 (Reuters) - Hong Kong's Cathay Pacific Airways (0293.HK) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus (AIR.PA) for a basic price of $4.66 billion. The deal follows an agreement between an Airbus unit and the aircraft acquisition facilitators of Hong Kong's flagship carrier in September 2017. Cathay expects the aircraft to be delivered by the end of 2029, and expand the fleet capacity of Hong Kong Express, one of its units. Hong Kong-based conglomerate Swire Pacific (0019.HK) and Air China (601111.SS), which together hold more than 50% of the voting rights in Cathay, have approved the deal, the airline said in a filing. "Swire Pacific and Air China do not have any interest in the transaction other than as shareholders," Cathay said.
Persons: Hong, Rishav Chatterjee, Devika Organizations: Cathay Pacific Airways, HK, Airbus, Hong Kong's, Cathay, Hong Kong Express, Swire Pacific, Air, Thomson Locations: Hong Kong, Air China, Cathay, Bengaluru
A man looks at fallen trees following Super Typhoon Saola, in Hong Kong, China September 2, 2023. The Asian financial hub of Hong Kong and China's neighbouring populous province of Guangdong cancelled hundreds of flights on Friday and shut businesses, schools and financial markets as Saola had edged closer. Packing winds of more than 200 kph (125 mph) as a super typhoon, Saola was among the strongest to menace the southern province since 1949. Hong Kong imposed its highest hurricane storm signal 10 on Friday night, lowering it to 8 by Saturday morning. Reporting by Farah Master, Joyce Zhou and Tyrone Siu in Hong Kong; Additional reporting by Ben Blanchard in Taipei; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Tyrone Siu, Saola, Tseung Kwan, Farah Master, Joyce Zhou, Ben Blanchard, William Mallard Organizations: REUTERS, Tyrone, city's, Authority, Flagship, Cathay, HK, TVB, Facebook, Sunday, Thomson Locations: Hong Kong, China, HONG KONG, Chinese, Guangdong, Shenzhen, Macau, Zhuhai, Hong Kong's, Taipei
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