Aviation
Cathay Pacific profit skyrockets to $6.8bln
Cathay Pacific profit skyrockets to $6.8bln
                                                                                                 
                        
                          	51.1% increase in fuel prices, economic fluctuations and volcanic eruptions can pose threat to sustained growth.
                    
                                        
                    
                Swire Pacific appoints Shiu Ian Sai Cheung as Executive Director
                                                                                                 
                        
                          	The 55-year-old Executive Director of Cathay Pacific will take over Swire Pacific commencing on 1 August 2010.
                    
                                        
                    
                Dragonair resumes direct flight to Fukuoka
                                                                                                 
                        
                          	Japan's popularity to tourists prompted airline to operate direct non-stop service between Hong Kong and Fukuoka.
                    
                                        
                    
                3 airlines to slash fuel surcharges
                                                                                                 
                        
                          	Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.
                    
                                        
                    
                Government approves Cathay Pacific flights to Hongqiao airport
                                                                                                 
                        
                          	HKSAR government's clearance to allow airline to land in the Shanghai airport enhances accessibility between cities.
                    
                                        
                    
                Hong Kong Aviation Capital to acquire 3 new A320 aircraft
                                                                                                 
                        
                          	The company completes $200mln transaction to expand its operating lease portfolio with total 7 A320s transacted.
                    
                                        
                    
                Cathay Pacific and Dragonair passengers spike to 2.2 mln in June
                                                                                                 
                        
                          	Rates showed significant rise in both number of passengers and amount of cargo and mail carried due to summer peak.
                    
                                        
                    
                Cathay Pacific to land twice a day in Haneda
                                                                                                 
                        
                          	A twice-daily service to Tokyo's Haneda Airport will commence on 31 October 2010.
                    
                                        
                    
                Cathay Pacific appoints Barrington as Exec Director
                                                                                                 
                        
                          	Cathay Pacific announced on Wednesday its new directors Mr William Edward James Barrington as Executive Director, and Mr Shiu Ian Sai Cheung as Non...