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

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

FlightGlobal observed the gap is growing.

The bank highlighted lower profit growth and rising cost pressures at Cathay compared with the state‑owned carriers.

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

The incident triggered a military air alert.

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

Separate reports said Typhoon Bavi caused major flight disruptions in Taiwan.

Ongoing airspace frictions in the vicinity of Dubai are impacting departures schedule.