Cathay Pacific’s horizon clouded by surging oil prices, fading fare premiums
The Hong Kong airline’s business has rebounded post-pandemic, but investors are reassessing its profitability as fare premiums diminish and the risk from oil price volatility intensifies Key Takeaways: Leading Hong…
BRIEF: Air China sells down Cathay stake, booking $26 million in profit
Air China Ltd. (0753.HK, 601111SH) said on Tuesday that it sold 108 million shares of its holdings in leading Hong Kong airline Cathay Pacific Airways Ltd. (0293.HK) for HK$12.22 per…
Reprieve for Car Sales, and New U.S.-China Flights
China's car sales returned to growth in September and Delta will resume its L.A.-to-Shanghai flights after more than a three-year suspension.
BRIEF：Trip.com profit leaps on travel rebound
Online travel agent Trip.com Group Ltd. (9961.HK, TCOM.US) reported its net profit jumped by five times year-on-year to 3.83 billion yuan ($5.38 million) in the second quarter, while its revenue…
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