Latest News About Cathay Pacific lags behind Chinese rivals, says HSBC

HSBC stated Cathay Pacific’s earnings are lagging those of China’s “Big Three” airlines.

FlightGlobal noted the gap is expanding.

The bank noted slower profit growth and higher cost pressures at Cathay compared with the state‑owned carriers.

A Cathay Pacific aircraft bound for London lost contact briefly over Romania on Thursday.

The incident triggered a military air alert.

Hong Kong Free Press confirmed the airline later acknowledged the temporary loss of contact.

Separate reports said Typhoon Bavi caused widespread flight disruptions in Taiwan.

Ongoing airspace tensions in the vicinity of Dubai are impacting departures operations.