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Cathay to add Newark routing in 2014

8/15/2013 8:39:40 AM

   Cathay Pacific Airways will launch daily Boeing 777-300ER service between Hong Kong and Newark Liberty International Airport on March 1, 2014. The new offering is subject to government approval.


   “The introduction of Cathay Pacific’s Newark to Hong Kong service demonstrates our commitment to the New York Metropolitan area, which has been instrumental in the development of our North American operations,” Cathay’s Tom Owen said in a statement.


   Cathay's U.S. routings already include Chicago, Los Angeles and New York’s JFK Airport.


   During the first half of 2013, Cathay Pacific pulled in a profit of HK$24 million ($3.09 million), a substantial rise from the HK$929 million loss it turned in during the same period in 2012.


   Though officials celebrated the improvement, they said the carrier continues to operate in a tough environment, and while the passenger business showed a little growth, the cargo side remained weak. To combat the market malaise and the high cost of fuel during the first half of the year, Cathay reduced capacity, retired less efficient planes and changed schedules.
  

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