Cathay Pacific Air Cargo

Cathay Pacific Airways
Name
Institution
Cathay Pacific Airways
Table of Contents
 TOC \o "1-3" \h \z \u  HYPERLINK \l "_Toc431309472"
Cathay Pacific Airways  PAGEREF _Toc431309472 \h
2
 HYPERLINK \l "_Toc431309473"
Background Information of Cathay Pacific 3
 HYPERLINK \l "_Toc431309474"
Managerial Aspects 4
 HYPERLINK \l "_Toc431309475"
Corporate Culture 4
 HYPERLINK \l "_Toc431309476"
Key Individuals  PAGEREF _Toc431309476 \h
7
 HYPERLINK \l "_Toc431309477"
Organizational Chart 8
 HYPERLINK \l "_Toc431309478"
Mission and Vision Statement of Cathay Pacific 8
 HYPERLINK \l "_Toc431309479"
Cathay Pacific Airways Resources 10
 HYPERLINK \l "_Toc431309480"
Cathay Pacific Operations 10
 HYPERLINK \l "_Toc431309481"
Business Relationships 11
 HYPERLINK \l "_Toc431309482"
Future Plans 12
 HYPERLINK \l "_Toc431309483"
Summary/Comments  PAGEREF _Toc431309483 \h
12
 HYPERLINK \l "_Toc431309484"
References 14

Background Information
Cathay Pacific Airways is an international airline that was started nearly 70 years ago in Hong Kong. The name Cathay Pacific was arrived at from the traditional Chinese name while Pacific was incorporated into the name as a desire to fly across the Pacific Ocean into the West. From only two employees, Cathay Pacific has grown over the years to more than 32,400 employees and operations in 32 nations across the world. Over the years, the company has grown to become one of the biggest airlines in Asia and has great expansion plans for the next ten years. Cathay has a rich organizational culture that believes in investing in its employees with the belief that the employees play a crucial role in the organizations survival. The organization also invests heavily in ensuring that its flights are safe and people friendly something that has generated a loyal clientele for the airlines products (Cathay Pacific, 2015).
After 1990s, the growth and modernization of Cathay went on as it progressively phased out its L1011 TriStar regional fleet with the classy and modern Airbus A330s and A340s. At the present, the airline’s passenger fleet is inclusive of Boeing 747-400 and 747-400F aircraft, 777-200, 777-300 and 777-300ER aircraft, and Airbus 330-300 and 340-300, airplane. The biggest investor of Cathay Pacific is still Swire with 43.9% of the total shares. In 1996, the company entered into a new agreement that saw Swire’s stake being slashed to 43.9% to and Citi Pacific stake going up to 25% up from 10%. The other 31.1% of shares are distributed among minority stakeholders (Cathay Pacific, 2015).
Managerial Aspects
Corporate Culture
Siva (2010) pointed out that “philosophy and mission statements are defined to establish long-term and short term objectives to attain that mission and selecting the suitable strategy to be used in achieving those objectives”. As a part of this process, Cathay has been careful when it comes to the development of its philosophy and mission. The company’s statement establishes the beliefs, values, and guidelines for the manner that the organization should carry out its business and also defines its relationship with stakehol...