Cathay Pacific Airways Ltd (CPCAY)

Cathay Pacific said it will reduce flight capacity from mid-May to the end of June due to sharply higher jet fuel costs driven by Middle East conflict disruptions. The airline will cancel about 2% of passenger flights, while its low-cost subsidiary HK Express will cut around 6%. The carrier also extended the suspension of services to Dubai and Riyadh through June 30, reflecting continued pressure on Middle East air routes. Management said capacity cuts are temporary, and full schedules are expected to resume afterward. Despite the near-term reductions, Cathay previously signaled plans to expand overall passenger capacity this year, supported by strong long-haul demand. However, elevated jet fuel prices—now seen as a persistent issue across the industry—are forcing airlines to adjust operations. Industry executives warn that even with a ceasefire in the region, tight global fuel supplies could keep costs elevated for months $CPCAY

Boeing Scores Big Win With $8B Cathay Pacific Order For 14 Widebody Jets $BA $ITA $CPCAY https://stocktwits.com/news/equity/markets/boeing-scores-big-win-with-8-b-cathay-pacific-order-for-14-widebody-jets/chr1otTRdPi

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Cathay Pacific Airways Ltd ADR. Is that bullish or bearish? $CPCAY #RsiOversold #PINK

$CPCAY A disappointing stock is not to be sold.

$BA, $X, $JPM, $ILMN, $CPCAY https://prismmarketview.com/sp-500-suffers-biggest-decline-since-august-market-recap/

$CPCAY $RYCEY Cathay Pacific Inspects Airbus A350 Fleet After Identifying Engine Issues https://www.cnbc.com/2024/09/03/rolls-royce-rebounds-after-engine-issue-grounds-cathay-pacific-flights.html

$CPCAY hmmm

$CPCAY $BA $EADSY Cathay Pacific shops for new mid-sized widebody planes, Bloomberg reports Hong Kong's Cathay Pacific Airways (CPCAY) said earlier on Thursday that it was in the midst of a decision on alternatives for new orders of mid-sized widebody aircraft, amid a spate of recent fleet purchases by the airliner, Danny Lee and Siddharth Vikram Philip wrote for Bloomberg. Airbus (EADSY) and Boeing (BA) have both been sent a request for information "for the potentially multi-billion dollar plane order," added the Bloomberg story, citing people familiar with the matter.

$CPCAY $EADSY $BA Cathay leaning toward Airbus for freighter deal, Reuters reports Cathay Pacific Airways (CPCAY) is favoring placing an order for about six Airbus (EADSY) A350 freighters as the Hong Kong airline renews the oldest section of its fleet dedicated to 747 aircraft, Reuters' Tim Hepher and Valerie Insinna report, citing industry sources. The selection would mark a comeback for the Airbus freighter after Cathay previously seemed to lean toward the competing Boeing (BA) 777-8F before postponing the decision for several months, the authors note.

Cathay Pacific Airways upgraded by JPMorgan Chase & Co. to overweight. www.marketbeat.com/stocks/OTCMKTS/CPCAY/price-target/ $CPCAY