All posts tagged: Cathay Pacific

Cathay Pacific to axe 6,000 employees, gets rid of Cathay Dragon brand

The original plan was to make 8,000 roles redundant. Multiple news outlets today reported that Cathay Pacific will be retrenching 6,000 employees worldwide, with close to 5,000 of these roles lost in Hong Kong itself. The international airline was originally planning to axe up to 8,000 staff, but reduced it to 6,000 after government intervention. The airline will also remove another close to 2,600 unfilled positions, bringing the total tally of positions lost to 8,500. With a total workforce of 33,000 staff, the 6,000 employees axed come to under 20% of its staff strength, signifying a smaller cut that what some other airlines have undertaken. The cuts came after Cathay Pacific Group took up a government aid worth HK$27.3 billion (S$4.8 billion) in June, which came with the condition that the airline must appoint two government selected observers to the board to oversee the investment and protect taxpayers’ money. According to the airline, affected staff will be offered “severance packages that go well beyond statutory requirements”, and extending medical benefits and staff travel entitlements, as …

Singapore-Hong Kong leisure travel bubble to commence ‘soon’

No quarantine required, but pre-trip Covid-19 tests and booking of ‘dedicated flights’ required if you want to go In a surprise move, Singapore newly-minted Transport Minister Ong Ye Kung announced on Thursday (15 Oct) that it has confirmed a travel arrangement with Hong Kong to allow ‘general travel’ for residents between both countries. The most salient point of this agreement is that there will be “no restrictions on travel purpose”, effectively making this the first leisure ‘green lane’ for Singapore and Hong Kong residents, since the COVID-19 closed most borders this year. Travellers will be subject to Covid-19 PCR testings that are recognised by both governments, but will not need to serve any isolation requirements nor be subjected to movement restrictions under ‘controlled itineraries’. Travellers can also only travel on dedicated flights that only serve travellers under this Air Travel Bubble (ATB) arrangement. No firm timeframe yet Both governments have not confirmed nor indicated any firm date to start the ATB flights. However reports have suggested that the bubble could comments in ‘weeks’, even though …

Hong Kong airport to accept transit passengers from 1 Jun

The airport joins Singapore in opening up air passenger transit traffic once again Hong Kong’s chief executive Carrie Lam announced on 26 May that transit services at Hong Kong International Airport (HKIA) will “partly resume” from 1 Jun. This announcement came weeks after Singapore announced a similar move to allow transit traffic from 2 Jun. Hong Kong implemented a ban on all non-resident visitors into Hong Kong, as well as transit passengers through HKIA since 25 Mar. All returning residents were also required to go to AsiaWorld Expo site for a compulsory Covid-19 test, before they were dispatched home to serve a 14-day self-quarantine. Cathay Pacific group to benefit Since the ban on transit passengers kicked in from 25 Mar, Cathay Pacific and Cathay Dragon collectively saw a drastic drop in passenger numbers, well over 99% compared to same period last year. Cathay Pacific, which has been hard-hit by the coronavirus pandemic, has since April operated to “a skeleton schedule” of barely a dozen destinations served by just a handful of flights per week. The reopening of …

Covid-19: Cathay Pacific moves to Changi Airport Terminal 1 for now

Terminal 4 should be shut by this week We wrote last week that Changi Airport will be temporarily closing Changi Airport Terminal 2 from May 2020 to October 2021 in view of the on-going Covid-19 situation. In the same announcement, Singapore Transport Minister Khaw Boon Wan did hint at closing Terminal 4 if all airlines adjusted or suspended operations. The time should be now. Cathay Pacific announced last week that it will be temporarily relocating to Terminal 1 since last Friday (10 Apr). With its lounge at Terminal 4 temporarily shut, this move does make sense. Cathay Pacific still operating flights to Singapore At the time of writing, Cathay Pacific did say that it will be operating three flights a week to Singapore. However, a quick look on its website showed that it was operating on average about two flights a week, with five more flights scheduled for the remainder of April. From 10 Apr, Cathay Pacific will be using rows 12 & 13 of Terminal 1 for the few flights that it will be …

Cathay Pacific axes almost all fuel surcharges

Fuel surcharge on most sectors to be removed for tickets issued from 1 May Cathay Pacific updated yesterday (14 Apr) that it will axe fuel surcharge on most tickets, with few exceptions. From 1 May, Cathay Pacific will remove fuel surcharges, better known as YQ within the industry, for all flights, except for select journeys from Japan and the Philippines. Note that this date applies for tickets issued from 1 May onwards, and not for tickets issued now for travel from 1 May. The details Cathay Pacific long had a fuel surcharge component that ranges around USD48.7 (~S$70) at present, with some exceptions. From 1 May, all fuel surcharges will be removed, except the following: For example, if you bought a ticket that starts from Tokyo to Sydney via Hong Kong, you will pay JPY2,000 (Tokyo to Hong Kong) + JPY7,300 (Hong Kong to Sydney) each way in fuel surcharge – and this will continue after 1 May. Wait, what is fuel surcharge? Fuel surcharge was a concept introduced back more than a decade ago …