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

HSBC said Cathay Pacific’s earnings are falling behind those of China’s “Big Three” airlines.

FlightGlobal noted the gap is widening.

The bank pointed out lower profit growth and higher cost pressures at Cathay compared with the state‑owned carriers.

A Cathay Pacific service bound for London lost contact temporarily over Romania on Thursday.

The incident triggered a NATO air warning.

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

Separate briefings said Typhoon Bavi caused major flight cancellations in Taiwan.

Ongoing airspace disputes in the vicinity of Dubai are impacting departures services.