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(Bloomberg Opinion) -- For an airline built in an era of globe-spanning cosmopolitanism, a pandemic that’s shut the world’s borders is particularly brutal.No wonder Cathay Pacific Airways Ltd ...
Frequent-flyer programs (or Frequent-flyer programmes) are customer loyalty programs used by many passenger airlines.This is a list of current airlines with frequent-flyer programs, the names of those programs and partner programs (excluding earn-only, spend-only and codeshare arrangements).
Asia Miles is a loyalty and frequent-flyer program launched by Cathay Pacific.Launched in February 1999, it allows members to earn miles by making different purchases with co-branded credit cards or on partnered flights, hotels, dining, financial services, retail, and technology products and services. [2]
Sir Freddie said Cathay seemed concerned about sharing the Hong Kong – Tokyo route with a competitor because this route was the main source of profits for Cathay Pacific's Asian and transpacific operation. [79] Laker abandoned Globetrain due to its inability to obtain regulatory approvals. [78] [79]
Cathay Pacific was founded on 24 September 1946 by Australian Sydney H. de Kantzow and American Roy C. Farrell. The airline celebrated its 70th anniversary in 2016. As of March 2024, its major shareholders are Swire Pacific with a 45% stake, Air China with 30% and Qatar Airways with 9.9%. Cathay Pacific is one of the founding members of Oneworld.
Benefits can consist of an extended network, often realised through codeshare agreements.Many alliances started as only codeshare networks. Cost reductions come from sharing operation facilities (e.g. catering or computer systems), operation staff (e.g. ground handling personnel, at check-in and boarding desks), investments and purchases (e.g. in order to negotiate extra volume discounts). [6]