New Cathay Pacific restructure to cut cash burn will see 6,500 staff go

Cathay Pacific has moved to stem its monthly cash burn of HK$1.5bn-$2bn (US$193m-$258m) by cutting nearly 25% of its staff and closing regional carrier subsidiary Cathay Dragon. The carrier will also ...

Oct 21, 2020• Comments•

Restructuring Headlines

News / Cathay Pacific in major restructure to find a way "to survive and thrive'

Cathay Pacific is to park 40% of its fleet and undergo a major restructure – ...

Cathay Pacific Cathay Pacific Cargo coronavirus Hong Kong IATA Restructuring

Sep 14, 2020• Comments•

News / Virgin Atlantic Cargo takes off for Milan and Pakistan as rescue package is agreed

Virgin Atlantic is set to introduce flights to Milan and Pakistan, as creditors back a ...

coronavirus Milan Pakistan Restructuring Virgin Atlantic Cargo

Aug 28, 2020• Comments•

FW: Roadrunner sells off remaining truckload units; adds former Celadon head to board

FREIGHTWAVES reports: Roadrunner Transportation Systems Inc. (OTC: RRTS) announced it has completely exited the truckload (TL) ...

Celadon FreightWaves Restructuring Roadrunner

Aug 17, 2020• Comments•

News / Struggling Virgin Atlantic thrown a lifeline by £1.2bn rescue package

Virgin Atlantic appears to have secured its future through a private recapitalisation. The carrier had hit ...

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Jul 14, 2020• Comments•

Premium / On the wires: The Kuehne + Nagel shrinkage continues – where to now?

Comment: “Kuehne + Nagel (K+N) has announced that it has signed over four of its distribution ...

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Jun 4, 2020• Comments•

COMPANY NOTICES

Pacific International Lines – 'debt re-profiling discussions and potential investment'

Here is a press release issued by Singapore’s Pacific International Lines (PIL) today. Heliconia Capital is a wholly ...

C-19 radar Pacific International Lines PIL Restructuring

May 26, 2020• Comments•

Premium / Market Insight: DSV Panalpina – what is rumoured now in LCL is really painful. Or just brave?

Comment: I have been bombarded in the past few hours about a strategic corporate development at ...

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Apr 8, 2020• Comments•

Premium / On the wires: Swissport – Here comes the very expensive weapon of last resort

Comment: “Swissport International AG, the airport ground services firm owned by beleaguered Chinese conglomerate HNA Group, hired ...

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Apr 3, 2020• Comments•

Premium / EXCLUSIVE Market Insight: Agility by name and strategy in China

Comment: Only very recently Kuwait’s Agility reshuffled its leadership team in logistics, somewhat unexpectedly, as GIL ...

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Apr 1, 2020• Comments•

Premium / Supply chain radar: Klaus-Michael Kuehne – head and shoulders above all

Comment: “Know what you own, and know why you own it.” – Peter Lynch. Kuehne + Nagel (K+N) ...

CH Robinson DSV Panalpina Expeditors JB Hunt Klaus-Michael Kuehne' Kuehne + Nagel Restructuring Stock market reaction Supply chain radar XPO Logistics

Mar 20, 2020• Comments•

Topics

Cathay Dragon Cathay Pacific coronavirus job losses Restructuring Cathay Pacific Cargo Hong Kong IATA Milan Pakistan Virgin Atlantic Cargo Celadon FreightWaves Roadrunner Delta Klaus-Michael Kuehne' Kuehne + Nagel On the wires C-19 radar Pacific International Lines PIL DSV DSV Panalpina Market insight Shipco Viking Ironclad Age Dnata John Menzies Leverage Swissport Worldwide Flight Services Agility Damco Exclusive Panalpina CH Robinson Expeditors JB Hunt Stock market reaction Supply chain radar XPO Logistics Boeing Refinancing round Logwin Rohlig Logistics 3PLs Asia-Pacific

New Cathay Pacific restructure to cut cash burn will see 6,500 staff go

Restructuring Headlines

News / Cathay Pacific in major restructure to find a way "to survive and thrive'

News / Virgin Atlantic Cargo takes off for Milan and Pakistan as rescue package is agreed

FW: Roadrunner sells off remaining truckload units; adds former Celadon head to board

News / Struggling Virgin Atlantic thrown a lifeline by £1.2bn rescue package

Premium / On the wires: The Kuehne + Nagel shrinkage continues – where to now?

COMPANY NOTICES

Pacific International Lines – 'debt re-profiling discussions and potential investment'

Premium / Market Insight: DSV Panalpina – what is rumoured now in LCL is really painful. Or just brave?

Premium / On the wires: Swissport – Here comes the very expensive weapon of last resort

Premium / EXCLUSIVE Market Insight: Agility by name and strategy in China

Premium / Supply chain radar: Klaus-Michael Kuehne – head and shoulders above all

Most read news

Premium / Market Insight: Bankers grow nervous, expect default rates to surge

Premium / Market Insight: Röhlig Logistics – banks calling the tune?

News / K+N restructures Asia Pacific operations for 'a new dimension of growth'

Topics

New Cathay Pacific restructure to cut cash burn will see 6,500 staff go

Restructuring Headlines

News / Cathay Pacific in major restructure to find a way "to survive and thrive'

News / Virgin Atlantic Cargo takes off for Milan and Pakistan as rescue package is agreed

FW: Roadrunner sells off remaining truckload units; adds former Celadon head to board

News / Struggling Virgin Atlantic thrown a lifeline by £1.2bn rescue package

Premium / On the wires: The Kuehne + Nagel shrinkage continues – where to now?

COMPANY NOTICES

Pacific International Lines – 'debt re-profiling discussions and potential investment'

Premium / Market Insight: DSV Panalpina – what is rumoured now in LCL is really painful. Or just brave?

Premium / On the wires: Swissport – Here comes the very expensive weapon of last resort

Premium / EXCLUSIVE Market Insight: Agility by name and strategy in China

Premium / Supply chain radar: Klaus-Michael Kuehne – head and shoulders above all

Most read news

Premium / Market Insight: Bankers grow nervous, expect default rates to surge

Premium / Market Insight: Röhlig Logistics – banks calling the tune?

News / K+N restructures Asia Pacific operations for 'a new dimension of growth'

Topics

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