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Cathay Pacific crew members spent 73,000 days equivalent to 200 years — in COVID-19 quarantine in 2021

Hong Kong's strict COVID-19 rules mean airline crew spend long periods in quarantine, including the…

Huileng Tan   


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A Cathay Pacific pilot says he's spent nearly 150 days in COVID-19 quarantine in 2021, according to a report

Cathay Pacific crew must obey Hong Kong's strict quarantine rules even while on layovers in other c…

Kate Duffy   


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Cathay Pacific warns of historic $1.3 loss as the battered travel industry continues to struggle

Cathay reported the biggest loss in the company's reporting of a six-month or full-year period…

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Cathay Pacific is offering thousands of dollars in bonuses to pilots just to encourage them to fly into Hong Kong where they're enduring long quarantines

Cathay Pacific pilots who fly so-called "closed-loop" flights could make up to HK$96,000 ($12,300) …

Huileng Tan   


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Hong Kong government to bail out Cathay Pacific with HK$30 billion in loan and direct stake

Hong Kong’s flag carrier will issue new shares as part of the plan which will see the authoritie…

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Forbes' top Asia's richest families list is out! Three Indian names included in it

As of late September, the Lee family had a net worth of $26.6 billion, with second and third genera…

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Amid demand plummets linked to the coronavirus, airlines project that this could be their worst year since the global financial crisis

The International Air Transport Association, otherwise known as the IATA, said on Thursday that it …

David Slotnick   


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6 mins read

These are the top 25 richest people in Britain

The Sunday Times Rich List 2024 unveils Britain's top 25 richest individuals and families, spotligh…

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It's not just chips. Nvidia is betting on other tech that could be impacted by AI.

Nvidia invested in about three dozen startups in 2023, data shows, targeting fields that are set to…

Lloyd Lee   


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Pete Syme   


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Vacation destinations like Finland and Sicily are giving away free trips, flights, and hotels to revive tourism see the full list

Sicily, Finland, Hong Kong, and Taiwan are offering visitors major financial incentives in hopes of…

Hannah Towey   


Huileng Tan   


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China green-lit Jack Ma's Ant Group to run a consumer banking company, giving the nation more control after authorities yanked its $35 billion IPO

It's the first step of Ant's forced restructuring, with state-owned financial institutions being am…

Katie Canales   


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One of the world's top-ranked airlines just confirmed it's tracking you from airport to plane

Earlier this year, viral photos of cameras in seat-back screens caused an uproar on social media. M…

Graham Rapier   


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Stocks slide as unrest in Hong Kong shakes already-rattled investors

Shares of Cathay Pacific slid as much as 4.9% to a decade low on Monday after China demanded the ai…

Daniel Strauss   


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Airlines are testing a new COVID-19 digital health pass so passengers can easily prove they've tested negative for coronavirus

Travelers on select airlines can now download the Common Pass, a digital certificate to prove that…

Evan Sully   


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BALR seeks 30 pc cut in aeronautical charges for next 6 months to survive Covid-19 impact

"The current situation is causing a lot of concern due to flight cancellations and travel restrict…

PTI   


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David Slotnick   


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7 mins read

EXCLUSIVE: IndiGo exec shares why it is the second-best performing airline stock globally this year despite record losses

“The airline business is killed. We are in deep trouble overall,” said IndiGo’s chief commercial of…

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Goldman Sachs CEO: The chance of recession is 'still relatively low'

Four former Fed chairs recently made similar statements in a joint Wall Street Journal op-ed publis…

Ben Winck