Chapter 5 Literature Reviews 5.1 Introduction Cathay Pacific is a successful airlines in the airlines industry‚ it also is a Hong Kong based airlines. Cathay Pacific is now growing as the most famous airlines in Hong Kong and put itself onto the international platform. Cathay Pacific currently ranks as the world’s 8th most profitable airline (net profit)* and the 17th largest airline in the world by operating revenue. Also Cathay Pacific is ranked 11th-largest in the world in terms of revenue
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commitment to better-than-average in-flight meals did have an impact on the results. Cabin comfort is also key‚ and this is where creative carriers shine. In some cases‚ it’s about providing power outlets at every seat. For others‚ like Asiana and Cathay Pacific‚ it’s the introduction of premium economy class on transpacific flights—a gesture to passengers who dread coach seats on a 14-hour flight but can’t afford a business class seat. So in 2012‚ competition remains heady at the top. Find out
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IS5313 - Foundations of Information & e-Business Systems Company Information Cathay Pacific (CX) is an international airline based in Hong Kong. CX offers scheduled passenger and cargo services worldwide. In addition‚ CX’s business also includes investments in catering and ground-handling companies. Business Environments that CX Faces The macro-economy and price of jet fuel are two most challenging factors significantly affecting CX’s operating results: * Macro-economy: the load
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conglomerate with key operations in property and aviation. Other divisions include marine services‚ beverages‚ trading and industrials. Property accounts for more than 60% of its Enterprise Value and operating profit. Other key holdings include 44% of Cathay Pacific. The UK-based founding family John Swire & Sons owns 42% economic interest and 58% voting rights in the company. Key Competitors • • The Wharf Holdings Cheug Kong (Holdings) Limited Properties (listed in SEHK as Swire Properties‚ SEHK
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network and cabin classes. Alliance In August 2011‚ Malaysia Airlines agreed to form an alliance with AirAsia through a share swap. On 1 February 2013‚ the airline joined the Oneworld airline alliance‚ whose members include British Airways‚ Qantas‚ Cathay Pacific‚ and Japan Airlines.[42] Airasia Business Objectives Our Vision TO CONTINUE TO BE THE LOWEST COST SHORTHAUL AIRLINE IN EVERY MARKET WE SERVE IN ASIA‚ DELIVERING STRONG ORGANIC GROWTH THROUGH OFFERING THE LOWESTAIRFARES AT A PROFIT.
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due to irregular number of passengers and increased number of flights in high demand routes to cut unnecessary expenses and costs • Air Asia benefits from the lowest flight cost‚ USD$0.02 ASK* (Southwest Airline [US LCC] – USD$0.04‚ MAS - $0.41‚ Cathay Pacific $0.59) b. Technological Change i. Technology is a key determinant however change is not very rapid ii. Releases of new aircraft models A380 – USD$327.4m‚ Boeing 747-400 - $247m (http://www.flightglobal.com/articles/2008/04/22/223184/
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requirements proposed in the Job Specification‚ with special reference to the management training requirements in this type of companies and the achievement of effective transfer of training. CAREER OPPORTUNITIES IN CATHAY PACIFIC Great Career with a great team. At Cathy Pacific‚ our common goal is - to be the world best airline. We are a global airline industry and have more than 28‚000 staff across 39 countries over the world. We offer wide range of job opportunities
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rapid and successful. As for the full service airlines‚ it is the traditional airlines offering onboard meal service‚ checked bag allowance and etc. There are some renowned full service airlines‚ such as Cathay Pacific‚ Dragonair‚ Hong Kong airline‚ etc. According to the annual report of Cathay Pacific 2013‚ the full year profit is HKD2.62 billion which partly proves the successful development of Hong Kong full service airlines. Behind the success‚ some challenges are waiting for the Hong Kong’s
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125 639 Cargo Totals NOV DEC OCT SEP JUL AUG Thai Airways •Reduced staffing requirement •Better equipment utilization •Better on-time performance retention 100 80 60 40 20 0 Philippine Airlines Cathay Pacific Key Results •Better high yield fare ON TIME PERFORMANCE MAY Renoir’s initial work in terminal operations was extended to cargo & maintenance. In addition to the direct benefits generated‚ the better on-time performance
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of Low Cost Carriers in Hong Kong airline industry Introduction There are four airlines in Hong Kong which are Cathay Pacific‚ Dragonair‚ Hong Kong Airline and Hong Kong Express. Cathay Pacific reveals merger-driven consolidation that Dragonair became a member of Cathay Pacific Group in 2006. On the other hand‚ HaiNan Airline acquired both Hong Kong Airline and Hong Kong Express. Cathay Pacific‚ Dragonair‚ Hong Kong Airline are full-service carriers while Hong Kong Express is the only Low Cost Carrier
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