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Hello, I am looking for someone to write an article on Cathy Pacific Airways Limited as the Best Airlines in the Aviation Industry. It needs to be at least 1250 words.
Hello, I am looking for someone to write an article on Cathy Pacific Airways Limited as the Best Airlines in the Aviation Industry. It needs to be at least 1250 words. Cathy Pacific Airways Limited has grown from two simple aircrafts Betsy and Nikki in 1946 to over one hundred and twenty-four (124) latest wide-bodied Airbuses and Boeings in 2010 (CAPL 2009). Its employees grew from a small number to a large number of over 20,000 by January 2010. The companies main headquarter is at Hong Kong International Airport.
The performance of the company has improved significantly. It grew from an annual handful of arrivals and departures flights in 1946 to over 138,000 flights in 2009, transporting over 25 million passengers and 1.6 million tones of cargo and mail. All the above exemplary achievement were realized by operating in over one hundred and sixteen destination in thirty-five countries in the five continents. Furthermore, Cathy Pacific Airways Limited is listed on The Stock Exchange of Hong Kong Limited. The company is owned by Swire Pacific Limited, Air China and CITIC Pacific Limited. The company owns 18.1% of Air China Limited.
The company has had its own troubles. It sacked forty-nine pilots after the company’s ever largest industrial action in 2001 and on November 2009, 18 of the 49 sacked pilots won a court case against the company for breach of contract of employment and defamation. .The Company and the airline industry as a whole experienced some commercial challenges since its inception. The challengers were the September 11th terrorist attack, Gulf war, SARS, HINI, Competition anti-trust battles, and rocketing fuel prices.
However, the company has continued to make significant performances in its operations that were guided by management led to creativity and innovation.
The company has undergone a series of changes in the management, ownership, growth and expansion inception in 1946. Most companies in the aviation industry have succumbed to the commercial and management challenges in the aviation industry but Cathy Pacific Airways Limited has always forged ahead taking over competitors and overcoming industry challenges.