Cathay Pacific returns to the black

Cathay Pacific returned to profits last year as lower fuel cost and hefty hedging gains helped the Hong Kong airline cushion the effect of the economic downturn, which hit both passenger and cargo traffic and drove turnover down by more than a fifth

• Cathay buys into Air China Cargo
• Lex: Chinese airlines

Aer Lingus to cut 230 cabin crew

The Irish state carrier says the group will continue with the implementation of its €97m restructuring plan for the four other union groups, all of which agreed to the airline’s proposal

Lex: Chinese airlines

After some stiff jabs in the ribs by regulators, the industry’s capital positions are under repair at last

Aer Lingus delays full-year figures

The former state airline postpones the release of its annual results as it holds an emergency board meeting following the rejection by key workers of its €97m cost-cutting programme

Shenzhen Air president is replaced

The airline’s president, Li Kun, has been removed from his role and is under investigation for ‘economic crimes’

Aer Lingus cabin crew rejects rescue plan

Aer Lingus cabin crew rejects the Irish carrier’s rescue plan by a margin of almost two to one, casting renewed doubt over the airlines’s financial survival

BA talks tough with cabin crew

Willie Walsh has warned cabin crew that ‘a strike will not ground this airline’ as he disclosed that up to 6,000 volunteers would help ward off the impact of any industrial action

Borghetti to be new Virgin Blue chief

The Australia-listed airline part-owned by Sir Richard Branson’s Virgin Group has appointed John Borghetti, a veteran of rival Qantas, as its chief executive