Annual report 2016 chairman's letter in 2016, we took delivery of 10 airbus a350-900 aircraft these fuel efficient and technologically advanced long-haul aircraft are being used on our auckland, düsseldorf, london gatwick, paris and rome routes we retired our last three boeing 747-400 passenger. The change comes after hong kongâ s flag carrier posted its first annual loss since 2008 cathay pacific airways said its chief executive officer ivan chu will step down on 1 may, and will be replaced by its current chief operating officer rupert hogg loo and hughes will both report directly to hogg. Cathay pacific is a founding member of the oneworld global alliance, whose combined network serves more than 1,000 destinations worldwide cathay dragon is an affiliate member of oneworld a chinese translation of this annual report is available upon request from the company's registrars 本年報的. Download the latest financial briefings from cathay pacific on our dedicated investment relations section. De kantzow founded cathay pacific airways in hong kong on 24 september, 1946 cathay pacific city cathay pacific city, the headquarters of cathay pacific located at hong kong international airport, was completed in the middle of 1999 the new complex is it has to disclose its annual report.
Qatar airways buys cathay pacific stake cathay pacific cuts nearly 600 jobs cathay pacific reports $74m annual loss overcapacity in passenger markets led to intense competition with other airlines and continued pressure on yields on many of our key routes, the firm said in a statement cathay's. Financial position funds attributable to the shareholders of cathay pacific hk$ million 55,365 47,927 +155% net borrowings hk$ million 49,879 42,458 + 175% shareholders' hong kong financial reporting standards and interpretations) issued by the hong kong institute of certified public. Cathay pacific continues to be plagued by financial woes with the 71-year-old hong kong carrier reporting its first annual back-to-back loss in the company's history the carrier's net loss for 2017 came to more than hk$125 billion (us $159 million), over double the annual loss of hk$575 million that it.
Cx blamed lower demand and increased competition, but the real reason: the cathay pacific fuel hedging program backwards thanks to poor press reports about cx earnings, and it is a source of continuing fascination to me that reporters in the financial press don't know how to read an earnings report. Download the latest interim & annual reports from cathay pacific on our dedicated investment relations section. Qtr eps est -, qtr year ago - ann eps est +020 fy 2018, ann year ago - 032 fy 2017 next report -, last report 03/14/2018 fiscal yr ends december 31, no of analysts -.
Balance sheet analysis, 2018e, 2019e capex / ca, 13,8%, 12,7% cash flow / sales, 10,4%, 12,1% capital intensity (assets / sales), 2,19x, 2,53x financial leverage (net debt / ebitda), 5,54x, 4,41x. Fast, fun and fierce: the second annual cathay pacific hackathon competition inspires innovation tech-savvy, business-minded youngsters battle it out to cre.
Financial and operating highlights 3 chairman's letter 6 2017 interim review 14 review of operations 18 financial review 21 review report 22 condensed financial statements 42 information provided in accordance with the listing rules hong kong — cathay pacific — cathay pacific freighter. Cathay dragon cathay pacific cemair china airlines china cargo airlines china eastern airlines china postal airlines china southern airlines cityjet 3 asia-pacific the icao asia-pacific regional aviation safety group annual safety report for 2016 identified the following safety focus areas: cfit, re, and. 閱讀中文版本 top managers at cathay pacific did not get bonuses for the first time since 2009 based on figures from the airline's annual report released yesterday, ceo rupert hogg pocketed hk$91 million for 2017, down from the hk$12 million, he made in the previous year it was reported hogg is one. Cathay pacific has suffered consecutive annual losses for the first time in its history, as hong kong's flag carrier remains pressured by rivals in mainland china and the gulf the company, which is 45 per cent owned by british conglomerate swire and 30 per cent owned by air china, said on wednesday it.
Format was established in 1972 with a vision for high quality design and excellent service as a pioneer in graphic design in hong kong, our passion in design and commitment to our clients have only grown stronger with time we are a team of dedicated professionals serving a wide spectrum of long term clients from. Results 1h2017 2h2017 fy2017 fy2016 change revenue hk$ million 45858 51426 97284 92751 +49% (loss)/ profit attributable to the shareh.
The cathay pacific group reported anattributable profit of hk$353 million for the first six months of 2016 this compares to a profit of hk$1,972 million for the same period in 2015 earnings per share were hk90 cents compared to hk501 cents for the first six months ofthe previous year the operating. Ten months into the top job and cathay pacific airways ltd chief executive officer rupert hogg's to-do list hasn't gotten any shorter the carrier is expected to report a full-year net loss of hk$27 billion ($345 million) for 2017, after a first-half deficit of hk$205 billion, according to the median estimate in a. Company background established in 1967 as air caterers ltd, cathay pacific catering services (hk) ltd (cpcs) has developed itself into one of the world's premier inflight catering companies cpcs is a wholly-owned subsidiary of cathay pacific airways cathay pacific group has interests in four other catering facilities.
The airline has subsequently set up an internal competition compliance office, reporting to chief operating officer john slosar, to ensure that the group complies with all relevant competition and antitrust laws in the jurisdiction in which it operates the breaches for which cathay pacific cargo were being investigated in the. Cathay pacific banks on cargo business as us$357 million loss looms 12 mar 2018 - 8:00am 4 cathay pacific made changes to boost revenue and restore brand and service value after an annual. Year ended 31st december 2017 analyst briefings, 17th november 2017 2017 final results announcement, 14th march 2018 2017 annual results analyst briefing, 14th march 2018 2017 annual report released, 3rd april 2018 annual general meeting, 9th may 2018.