Cathay Profit Rises Despite Sharp Fuel-Cost Increase
August 05, 2026
Cathay Group’s first-half operating profit rose 27% to HK$7.5 billion, while revenue increased 25% to HK$68 billion.
Net profit climbed 71% to HK$6.2 billion, partly supported by non-recurring gains related to its reduced Air China holding.
Cathay Pacific carried 16 million passengers, with passenger revenue rising 26.3% and load factor reaching 87.5%.
Despite fuel costs surging 58.4%, the group remains cautiously optimistic amid strong summer demand.
United Airlines Secures $750 Million Aircraft Financing
August 04, 2026
United Airlines has completed a new $750 million aircraft-secured financing arranged and underwritten by NatWest. The funding will support the carrier’s fleet investment programme and wider capital-management objectives, although the aircraft types involved were not disclosed.
SAS Norway Cabin Crew Threaten August Strike
August 04, 2026
SAS cabin crew based in Norway plan to strike from 8 August after rejecting a proposed wage settlement.
The action initially covers 468 Fellesforbundet members, while workers represented by Parat could also join at short notice.
Passengers travelling through Norway may face cancellations and delays unless SAS and the unions reach a revised agreement.