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Cathay's ultra-long-haul trial gives Alphabet a climate showcase, although commercial terms remain undisclosed.
Strong passenger demand, AI cargo shipments and rerouted Gulf travel lifted the airline's first-half earnings outlook.
Cargo shippers have lost a transport option after Cathay Pacific scuttled plans to resume flights to key Middle East airports because of escalating hostilities between Iran and the United States. The post Cathay Pacific halts restart of Mideast cargo flights as war reignites appeared first on FreightWaves.
Morgan Stanley cuts profit forecasts as weak domestic demand weighs on China's largest airlines while Cathay gains.
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