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☆ Cathay Pacific to reach 70% of pre-pandemic capacity by end-2023
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: 1 min

Nov 14 (Reuters) - Hong Kong's Cathay Pacific Airways Ltd (0293.HK) said on Monday it expected to operate 70% of its pre-pandemic passenger flight capacity by the end of 2023, up from a planned 33% by the end of 2022. The airline forecast it would make a full return to pre-pandemic passenger flight capacity by the end of 2024. Reporting by Jamie Freed; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Cathay Pacific's new chief Lam to spearhead COVID recovery, two-brand plan
▼ + stars: | 2022-11-09 | by ( Jamie Freed | ) www.reuters.com time to read: +3 min

Now that the Asian financial hub has scrapped onerous hotel quarantine rules, the airline is looking to build up passenger numbers. "Cathay has a mountain to climb to replace the staff, particularly pilots, that have left and continue to leave," he said. Lam, 50, joined Cathay in 1996, and was previously its chief customer and commercial officer. The two men took the top jobs in August 2019, after the resignation of then chief executive Rupert Hogg and Paul Loo, chief customer and commercial officer, amid mounting Chinese regulatory scrutiny of employees' involvement in the protests. Cathay's new chief customer and commercial officer is Lavinia Lau, 52, who moves from the role of director of customer travel, into a strong position to become its first female chief executive.

☆ Cathay Pacific appoints long-serving executive Ronald Lam as next CEO
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: 1 min

Nov 9 (Reuters) - Hong Kong's Cathay Pacific Airways Ltd (0293.HK) said on Wednesday that long-serving executive Ronald Lam would take over as chief executive from Jan. 1, with current boss Augustus Tang set to retire, as the pandemic-hit airline rebuilds capacity. Lam, 50, who joined Cathay in 1996, was previously the airline's chief customer and commercial officer and viewed by analysts as the most likely successor to Tang, 64, at an airline where the chief executive's tenure is usually around three years. Reporting by Jamie Freed in Sydney; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

☆ Cathay’s outgoing boss can flash half-decent card
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, Nov 9 (Reuters Breakingviews) - Cathay Pacific’s (0293.HK) new boss has reason for optimism. The outgoing chief executive can flash a half-decent report card. He navigated the Air China- (601111.SS) and Swire Pacific-backed (0019.HK) company through backlash from Beijing after employees took part in the 2019 Hong Kong protests. The $6 billion airline has seen a modest rebound of travellers since Hong Kong dropped hotel quarantine requirements. Since Tang’s appointment in August 2019, Cathay has logged a negative total return of 16%.

Oct 30 (Reuters) - Hong Kong's Cathay Pacific Airways Ltd (0293.HK) will resume using Russian airspace on some flights, the Hong Kong-based airline said on Sunday, restarting flights it had stopped after Moscow invaded Ukraine in February. Cathay Pacific will begin flying from New York to Hong Kong using the popular "Polar route" from Tuesday, the company told Reuters in an emailed statement. Citing strong headwinds and payload issues affecting its flights from the East Coast of North America to Hong Kong, Cathay Pacific said it will overfly the far eastern part of Russia. Cathay Pacific said in March that it was not routing flights through Russia's airspace, avoiding the area after the invasion of Ukraine despite longer flight times. Russia this year closed its airspace to European and U.S. airlines, forcing some long-haul flights to Asia to take longer routes.

☆ Cathay Pacific to resume some flights using Russian airspace - Bloomberg News
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

Oct 30 (Reuters) - Hong Kong's Cathay Pacific Airways Ltd (0293.HK) will resume using Russian airspace on some flights, becoming the first major airline to do so since Moscow invaded Ukraine in February, Bloomberg News reported on Sunday. Cathay Pacific will fly from New York to the Asian financial hub using the so-called 'Polar Route' from Nov. 1, the report said citing an emailed response from the airline to the agency. Cathay Pacific said in March that it was not routing flights through Russia's airspace, avoiding the area after the invasion of Ukraine despite longer flight times. Russia earlier this year, had closed its airspace to European and U.S. airlines, forcing some long-haul flights to Asia to take longer routes. Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

☆ Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
▼ + stars: | 2022-10-07 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN Business —Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be ready to handle a surge in demand, as the city winds up its strict Covid policy and reopens for international travel. Hong Kong’s flagship airline is “facing unprecedented staffing and training shortages,” and “stands unprepared to fully resume its operations, failing to meet demand in a resurgent travel market,” the HKAOA said. But, this month Hong Kong ended its two and a half years of quarantine measures, leading to a surge in demand for outbound travel. On Wednesday, Virgin Atlantic announced it is closing its Hong Kong office and not resuming services between the Asian hub and London’s Heathrow Airport. Wayne Chang in Hong Kong contributed to this report.

☆ Barclays AAdvantage Aviator Business card review: Earn 80,000 American Airlines miles and a $95 statement credit, and get perks like an annual companion certificate and free checked bag
▼ + stars: | 2022-10-05 | by ( Joseph Hostetler | Credit Cards Reporter | Read More | ) www.businessinsider.com time to read: +30 min

American Airlines benefits, including a free first checked bag and preferred boarding Check mark icon A check mark. It offers the standard American Airlines perks, such as:First checked bag free on American Airlines domestic itinerariesPreferred boarding on American Airlines flights25% discount on inflight food and beverageBut it's also got some more unique benefits, such as a 5% annual bonus on all the points you've accrued via spending and a domestic companion certificate after meeting yearly spending requirements. And remember — even if you never fly AA, American Airlines miles can be extremely useful for achieving your travel goals. American Airlines is partnered with airlines such as:Air Tahiti NuiAlaska AirlinesBritish AirwaysCathay PacificEtihadFinnairIberiaJapan AirlinesMalaysia AirlinesQantasQatar AirwaysRoyal Air MarocRoyal Jordanian AirlinesS7 Airlines (temporarily suspended)SriLankan AirlinesYou can use American Airlines to fly on any of these airlines. 25% savings on inflight American Airlines purchasesYou'll save 25% on American Airlines inflight food and drink when you use this card.

Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Intro Offer Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $0 Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $95 Rewards Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

☆ Hong Kong Covid: Airlines race to add flights to the city, reviving hopes for its recovery as an aviation hub
▼ + stars: | 2022-09-26 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Hong Kong CNN Business —International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures, leading to a surge in demand for travel. “As Hong Kong’s home airline, we are fully committed to rebuilding the connectivity of the Hong Kong aviation hub,” it said in a statement. This will absolutely increase the demand for travel to and from Hong Kong,” Christoph Meyer, Lufthansa’s general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China’s zero-Covid policy had “devastated” Hong Kong. Friday’s news puts Hong Kong back on “the right track,” said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University.

☆ Airlines add flights to Hong Kong but the aviation hub won't be back to normal anytime soon
▼ + stars: | 2022-09-26 | by ( Michelle Toh | Cnn Business | ) edition.cnn.com time to read: +6 min

Hong Kong (CNN Business) International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures , leading to a surge in demand for travel. This will absolutely increase the demand for travel to and from Hong Kong," Christoph Meyer, Lufthansa's general manager of sales for Hong Kong, Macao and South China, said in a statement. International Air Transport Association Director General Willie Walsh said last week that China's zero-Covid policy had "devastated" Hong Kong. Friday's news puts Hong Kong back on "the right track," said Dr. Kam Hung Ng, assistant professor of aviation engineering at the Hong Kong Polytechnic University. He told CNN Business that Hong Kong still had advantages that could allow its aviation industry to recover to pre-pandemic levels, "or even more."

☆ Cathay Pacific to increase flight frequencies after Hong Kong eases quarantine restrictions
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Cathay Pacific aircraft takes off at the airport, during the coronavirus disease (COVID-19) pandemic in Hong Kong, China, March 31, 2022. REUTERS/Tyrone SiuHONG KONG, Sept 23 (Reuters) - Cathay Pacific Airways Ltd (0293.HK) on Friday said it plans to add more than 200 pairs of passenger flights in October to both regional and long-haul destinations. The announcement came after Hong Kong government said to scrap its controversial COVID-19 hotel quarantine policy for all arrivals from Sept. 26. "While we will continue to add back more flights as quickly as is feasible, it will take time to rebuild our capacity gradually," Cathay said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Twinnie Siu and Meg Shen; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ These are the 20 best airlines in the world, according to one survey of travelers: See the full list
▼ + stars: | 2022-09-23 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Qatar also won titles for having the world's best business class, the best business class seat, and the best business class lounge dining, according to the Skytrax survey. Meanwhile, Southwest Airlines earned two titles, including the best low-cost airline in both North America and the US. Here's a closer look at the world's Top 20 best carriers for 2022, according to Skytrax's survey of travelers. Jakub Porzycki/NurPhoto via Getty ImageTurkish Airlines is based in Istanbul and flies routes throughout Africa, Asia, Europe, North America, and South America. Qatar AirwaysDoha-based Qatar Airways is the world's best airline, according to survey data collected by Skytrax.

☆ Hong Kong will scrap COVID hotel quarantine from Sept. 26
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +4 min

Travellers queue up for shuttle bus to quarantine hotels at the Hong Kong International Airport, amid the coronavirus disease (COVID-19) pandemic, in Hong Kong, China, August 1, 2022. REUTERS/Tyrone SiuHONG KONG, Sept 23 (Reuters) - Hong Kong will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from Sept. 26, more than 2.5 years after it was first implemented, in a long-awaited move for many residents and businesses in the financial hub. The former British colony is a global outlier outside mainland China in imposing hotel quarantine for international arrivals, in line with the country's "dynamic zero" COVID strategy. Both events have been widely seen as a bid to show that Hong Kong can resume business as usual. Hong Kong has reported more than 1.7 million COVID infections and 9,934 deaths since the pandemic began.

☆ Hong Kong plans changes to Covid quarantine policy; leader says city wants orderly reopening
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: +1 min

A flight attendant for Cathay Pacific Airways Ltd. at Hong Kong International Airport in Hong Kong, China, on Monday, Aug. 8, 2022. Hong Kong leader John Lee said on Tuesday the government aims to make an announcement soon on its controversial Covid-19 hotel quarantine policy for all arrivals, as it wants to keep the city connected with the rest of the world and allow an "orderly opening up." Hong Kong leader John Lee said on Tuesday the government aims to make an announcement soon on its controversial Covid-19 hotel quarantine policy for all arrivals, as it wants to keep the city connected with the rest of the world and allow an "orderly opening up." Lee said he was conscious Hong Kong needed to retain its competitiveness, adding that authorities were keen to bring back events and activities to the city. Taking its cues from China which is pursuing a zero-Covid policy, Hong Kong is one of the few places in the world to still require travelers from abroad to quarantine upon arrival although the length of quarantine has eased over time.

Show more Regular APR 16.24% - 26.24% Variable Intro APR 0% intro APR on balance transfers for 18 months Editor's Rating 5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 5 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. However, in most cases, you can only earn a bonus on a Citi ThankYou card if you haven't opened a Citi ThankYou card and received a welcome bonus, or closed another Citi ThankYou card, in the past 24 months. Citi ThankYou cards also include the Citi Rewards+® Card, Citi Prestige® Card (not available to new applicants), and Citi ThankYou® Preferred Card (not available to new applicants). The Citi Premier® Card and Citi Custom Cash℠ Card cover a lot of bonus categories, and all your other spending can go on the Citi® Double Cash Card. Read more: Citi Double Cash Card reviewWhy earn Citi ThankYou points?

☆ You can transfer Citi ThankYou points to 14 airline and 2 hotel partners, and the best programs can save you thousands of miles on flights to destinations like Hawaii
▼ + stars: | 2022-09-16 | by ( Dan Miller | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +30 min

Citi® Double Cash Card — This card recently changed from earning cash back to earning Citi ThankYou points directly. Otherwise, with the Citi Rewards+® Card, Citi ThankYou® Preferred Card, and Citi® Double Cash Card, the ratio is 5:4 (1,000 Citi ThankYou points = 800 Wyndham points). Citi ThankYou points retail transfer partnersIn addition to airline and hotel transfer partners, Citi ThankYou has one retail transfer partner. How to transfer Citi ThankYou pointsTransferring your Citi ThankYou points is a fairly straightforward process. Citi transfer partners frequently asked questions (FAQ)Is American Airlines a Citi transfer partner?

Citi issues multiple credit cards that earn ThankYou Rewards, including the popular Citi Premier® Card and no-annual-fee options like the Citi Rewards+® Card and Citi Custom Cash℠ Card. If you're thinking of applying for a credit card like the Citi Premier® Card, Citi Custom Cash℠ Card, or Citi Rewards+® Card, keep reading to learn more about how you can put your Citi credit card rewards to work for you. How to earn Citi ThankYou pointsThe easiest way to rack up Citi ThankYou points is with a Citi credit card, which you can easily apply for online. Citi ThankYou Rewards points are worth, on average, 1.6 cents per point based on Insider's points and miles valuations — but how you redeem your points will change the exact value of points. There's one non-airline Citi ThankYou transfer partner available to all cardholders — you can transfer your Citi ThankYou points to Sears Shop Your Way points at a rate of 1:10.

British Airways is onboard with Bilt Rewards as its 10th airline transfer partner. Now there's another reason to consider joining Bilt Rewards and opening the Bilt Mastercard® — it's just added British Airways Executive Club as its 10th airline transfer partner. The addition of these partners makes Bilt Rewards points even more flexible if you want to use them for travel. With the addition of British Airways, Aer Lingus, and Iberia, Bilt Rewards now has 14 airline and hotel partners:Why transfer Bilt Rewards points to Avios? You'll typically get the most from Bilt points by transferring them to airline and hotel partners for award travel — in fact, that's why Insider values Bilt points as worth 1.65 cents each, on average.

☆ The 10 longest routes in the world flown by airlines, ranked by distance
▼ + stars: | 2022-08-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Singapore Airlines currently holds the title for operating the world's two longest flights at over 9,500 miles each. From San Francisco to SingaporeUnited Airlines and Singapore Airlines. Markus Mainka/ShutterstockAirline: Philippine AirlinesAircraft: Airbus A350-900Distance: 8,507 milesOutbound Scheduled Flight Time: 16 hours and 15 minutesReturn Scheduled Flight Time: 16 hours and 55 minutes6. Qantas AirwaysAirline: QantasAircraft: Boeing 787-9Distance: 8,576 milesOutbound Scheduled Flight Time: 15 hours and 20 minutesReturn Scheduled Flight Time: 16 hours and 45 minutes5. Toshi K/ShutterstockAirline: QantasAircraft: Boeing 787-9Distance: 9,009 milesOutbound Scheduled Flight Time: 17 hours and 15 minutesReturn Scheduled Flight Time: 16 hours and 45 minutes2.

What are credit card and bank rewards points worth? One great feature of the program is that all points are equal, so any account that earns Membership Rewards points has access to transfer partners. If you're a Bank of America Preferred Rewards customer, you'll earn 25% to 75% more points, depending on how much you have on deposit, but your rewards points are still worth 1 cent apiece. However, those miles expire after 36 months regardless of your account activity, so only transfer miles when you have immediate plans to redeem them. Non-elite members may transfer points to other members with the same address, provided both parties have been members for at least one year.

Compare Citi Double Cash and Wells Fargo Active Cash Wells Fargo Active Cash® CardCiti® Double Cash Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $0 Apply now On Wells Fargo's website Apply now On Citi's websiteThe Citi® Double Cash Card and Wells Fargo Active Cash® Card are two of the top cash-back credit cards on the market today. Here's how the Citi® Double Cash Card and the Wells Fargo Active Cash® Card compare to help decide which cash-back card is best for you. Winner: Active Cash® CardRedeeming rewardsIf you're looking for flexibility in redeeming rewards, either the Active Cash® Card or the Citi® Double Cash Card are decent options. Winner: Citi® Double Cash CardBenefits and featuresCiti Double CashThe Citi® Double Cash Card only has a few perks, the most notable being Citi Entertainment, which allows cardholders to purchase presale tickets and exclusive experiences to concerts, sporting events, dining experiences, and more.

The Citi Premier® Card and Capital One Venture Rewards Credit Card are popular mid-tier travel credit cards that offer flexible rewards and generous earning opportunities. Compare the Citi Premier and Capital One Venture Citi Premier® CardCapital One Venture Rewards Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's how the Citi Premier® stacks up against the Capital One Venture Rewards Credit Card to help you make the choice. Their spending requirements are identical, but the Citi Premier® offers more points than the Capital One Venture Rewards Credit Card. But plenty of folks would prefer the flat 2x rewards from the Capital One Venture Rewards Credit Card.

The Citi Premier® Card and Chase Sapphire Preferred® Card are both mid-tier credit cards that offer generous rewards, impressive (and overlapping) transfer partners, and travel perks. Here's a look at how the Citi Premier® and Chase Sapphire Preferred stack up against each other. Compare the Chase Sapphire Preferred and Citi Premier Chase Sapphire Preferred® CardCiti Premier® Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Winner: TieShopping and travel benefitsAs mid-tier cards, the Citi Premier® and Chase Sapphire Preferred offer standard benefits like no foreign transaction fees. Meanwhile, the Chase Sapphire Preferred offers free DoorDash DashPass membership through December 31, 2024, and a $10 monthly Gopuff credit through December 31, 2023.

The Alaska Airlines Business Credit Card is worth considering if you fly Alaska or collect the airline's miles, and it's currently offering a record-high bonus. Read our review Read Our Review A looong arrow, pointing rightReview: Is the Alaska Airlines Business Credit Card the best card for you? How to earn miles from the Alaska Airlines Business cardWith the Alaska Airlines Business Credit Card, you'll earn 3 Alaska miles per dollar spent on Alaska Airlines purchases, and 1 mile per dollar spent on all other purchases. If you're not quite in that range, there are plenty of great travel rewards credit cards that you may be eligible for with good credit score, including the personal Alaska Airlines Visa® Credit Card (you can read our review of the Alaska Airlines credit card for more information). If you're a small-business owner and fly Alaska Airlines frequently, the Alaska Airlines Business Credit Card is worth it.

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