While the previous post served as an introduction to the various types of fuel hedging methods, this post will focus on several real world examples of fuel hedging done right and wrong throughout the airline industry. As mentioned previously fuel hedging is the strategy that airlines use to control their fuel costs in a market where fuel prices can be quite volatile. Many airlines hedge fuel and many airlines don’t. Doug Parker, currently CEO of American Airlines, stopped the fuel…
On Friday, China Southern completed its share issuance to American Airlines, allowing the Dallas-based carrier to take on a 2.68 percent stake in the Chinese airline. The move follows a continued path of global airlines forging equity stakes, rather than just partnerships, to develop their networks. In recent years there…
Hong Kong’s largest airline, Cathay Pacific, has announced the elimination of 600 jobs at the company in an effort to battle strong competition in the region and its first financial loss in eight years. While 600 people may be only a fraction of the 33,000 employees at the airline, the…
Hong-Kong based carrier Cathay Pacific Airways has announced a boost in connectivity on flights to Manchester. As of Dec. 1, 2017, the carrier will be operating services on a daily basis with their Airbus A350-900 aircraft. The Boeing 777-300ERs in their fleet will be replaced by the A350-900s in June…
Nowadays if you want to hop on a flight across the Pacific, you’re left to decide between countless numbers of varying options. Some of the world’s top airlines operate nonstop flights from the United States to destinations across Asia. The question becomes, “So how do you decide which airline to…
Hong Kong-based carrier Cathay Pacific has announced an expansion of frequencies on existing routes across three different continents in their network. These flights will be operated by the carrier's new Airbus A350 aircraft that they just recently began receiving. Commenting on the route expansion was Cathay Pacific's Director of Corporate…
Hong-kong based Cathay Pacific has announced that they will add additional frequencies to London-Heathrow, London-Gatwick, and Manchester. This news follows a successful growth period between UK airports and Hong Kong. Currently the carrier operates four times per week to Hong Kong from Gatwick, utilizing their Airbus A350-900 aircraft. The service will…
Hong-Kong based Cathay Pacific has unveiled that Dragonair will soon be rebranded as Cathay Dragon, leading into "a new era of opportunity and growth." The rebranding of the low-cost subsidy is aimed at capitalizing on Cathay Pacific’s high international brand recognition. The rebranding is made up of a new logo…
On November 1, 2015, Cathay Pacific unveiled a refreshed livery that will eventually appear on their entire fleet, both present and future. Initially revealed on a Boeing 777-300ER, the new design will begin to appear on their current fleet during maintenance checks over the course of about five years. The…
On September 28th, Hong Kong-based airline, Cathay Pacific, received its 53rd and final 777-300ER from Boeing, making them the largest operator of the widebody aircraft in Asia. The aircraft, registered as B-HNR, arrived at its new base after completing a delivery flight from Everett, Washington under the callsign CX3339. Boeing began delivery…
