The Cathay Pacific Group has reported an attributable profit of HK$1,972 million (US$254.4 million) for the first six months of 2015. This is nearly a six-fold jump from the HK$347 million profit in the first half of 2014. Revenue for the period decreased by 0.9 per cent to HK$50,388 million. The Group’s performance in the first six months of 2015 was considerably better than in the same period in 2014, Cathay noted citing higher load factors in the Group’s passenger business as a key reason. … [Read more...] about Cathay Pacific sees six-fold rise in 1H net profit
Cathay Pacific Group
Dragonair to operate first biofuel flight
Dragonair will operate its first-ever commercial flight using a certified sustainable biofuel blend later this month, highlighting its commitment - and the commitment of the Cathay Pacific Group as a whole - to sustainable development. The KA859 service from Shanghai’s Hongqiao Airport to Hong Kong on 21 March will take off with the aircraft tanks filled with a 50:50 blend of fossil-based jet fuel and bio-based jet fuel, refined from 100 per cent used cooking oil as … [Read more...] about Dragonair to operate first biofuel flight
