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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Cathay Pacific Airways Limited    293   HK0293001514


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Cathay Pacific Airways : SFO and Cathay Pacific Partner to Launch COVID-Free Flights to Hong Kong; Pilot program with Dignity Health-GoHealth Urgent Care to ensure all onboard have tested negative

11/24/2020 | 08:25am EST

SAN FRANCISCO - The San Francisco International Airport (SFO) and Cathay Pacific Airways announced the launch of a pilot program with Dignity Health-GoHealth Urgent Care to offer COVID-19 testing to passengers departing on Cathay Pacific flights, using the Airport's onsite rapid testing facility. This partnership will provide a health screening proof-of-concept that hopes to further the development of secure travel corridors to international destinations.

Passengers traveling to Hong Kong must provide a negative COVID-19 polymerase chain reaction (PCR) test taken within 72 hours before the scheduled departure flight. Cathay Pacific's partnership with Dignity Health-GoHealth Urgent Care allows passengers departing on Cathay Pacific flights to obtain the Hong Kong Government-approved COVID-19 PCR test onsite. This flexible and convenient testing option for passengers is usually ready within an hour, allowing passengers to board the aircraft confident that they are COVID-19 free and have the necessary paperwork required for entry. Travelers wishing to take advantage of this onsite testing option should schedule an appointment at https://www.gohealthuc.com/bayarea/cathay-pacific.

'SFO continues to lead the effort to safely reopen air travel around the world by offering approved, fast, onsite testing that gives travelers the confidence of a COVID-free flight,' said Airport Director Ivar C. Satero. 'We applaud the vision of Cathay Pacific for partnering with SFO and Dignity Health-GoHealth Urgent Care to launch this pilot program, which we hope will serve as a pathway to make international destinations more accessible to travelers.'

'We are excited to partner with SFO and Dignity Health-GoHealth Urgent Care to offer our passengers this convenient testing option and ensure a safe on-board environment for our passengers and crew,' said James Groark, VP Airports, Americas. 'Health and safety are Cathay Pacific's top priority under any circumstances and especially during this time of heightened caution. We will continue to seek out partners to deliver innovative solutions for stress-free travel.'

'Both GoHealth Urgent Care and our partner Dignity Health are excited about supporting Cathay Pacific in their efforts to make air travel safer for passengers by further expanding our real-time testing with San Francisco International Airport,' said Todd Latz, CEO of GoHealth Urgent Care. 'Cathay Pacific passengers will have results in approximately 15 minutes and be able to travel with greater peace of mind thanks to our rapid on-site COVID-19 testing at SFO and five additional convenient testing centers around the Bay Area.'

Dignity Health-GoHealth Urgent Care at SFO is open daily from 8am - 5pm, and is located on Level 1 of the International Terminal, adjacent to Boarding Area A.

About San Francisco International Airport

SFO wants you to Travel Well. SFO works with local, state, and federal health officials to protect against COVID-19. Measures include enhanced cleaning protocols, hundreds of hand sanitizer stations, physical barriers, face coverings for everyone, and physical distancing. To learn more visit flysfo.com/travel-well.

SFO offers nonstop service to Asia, South Pacific, Europe, Canada, Mexico, and across the United States. For up-to-the-minute departure and arrival information, airport maps and details on shopping, dining, cultural exhibitions, ground transportation and more, visit www.flysfo.com. Follow us on www.twitter.com/flysfo and www.facebook.com/flysfo.

CONTACT: Doug Yakel

Public Information Officer

External Affairs Office

San Francisco International Airport




(C) 2020 Electronic News Publishing, source ENP Newswire

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Sales 2020 45 629 M 5 885 M 5 885 M
Net income 2020 -19 440 M -2 507 M -2 507 M
Net Debt 2020 53 282 M 6 872 M 6 872 M
P/E ratio 2020 -1,94x
Yield 2020 0,13%
Capitalization 45 962 M 5 928 M 5 928 M
EV / Sales 2020 2,17x
EV / Sales 2021 1,53x
Nbr of Employees 33 000
Free-Float 17,1%
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 7,90 HKD
Last Close Price 7,14 HKD
Spread / Highest target 31,7%
Spread / Average Target 10,6%
Spread / Lowest Target -11,8%
EPS Revisions
Managers and Directors
Kin Wing Tang Chief Executive Officer & Executive Director
Patrick Healy Chairman
Gregory Thomas Forrest Hughes COO, Director & Chief Service Delivery Officer
Martin James Murray Chief Financial Officer & Executive Director
Merlin Bingham Swire Non-Executive Director
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