Cathay Pacific announces HK$39bn in recapitalisation financing

[Ref Cathay Pacific Official Website] //reproduction// Tuesday, June 9, 2020 — Cathay Pacific (today) announced a recapitalisation plan that will help it maintain its competitiveness and operations, while continuing its commitments to Hong Kong as an international aviation, financial and commercial hub. The recapitalisation plan comprises three tranches (a three-part plan) : Tranche A: Cathay Pacific […]

Crew warned PIA A320 had ‘lost engines’ before tragedy

[Ref Flight International Magazine 2-8 Jun 2020] Pakistan International Airlines (PIA) flight PK8303 (Airbus A320), which was arriving from Lahore on 22 May, crash in Karachi after aborted landing. Investigators have still to confirm whether the landing-gear was retracted, or at least partially deployed, during touchdown. However, at least two photographs of the aircraft purportedly taken during […]