Cathay Pacific slashes almost all passenger flights over the coronavirus pandemicShow full articles without "Continue Reading" button for {0} hours.
Cathay Pacific has announced further flight capacity cuts throughout its network for the months of February and March amid the spread of the Covid-19 virus. The retirement plan was first reported in local media. The airline said cuts to flight capacity were “likely” in April as well.Ronald Lam, the airline’s chief customer and commercial officer, said: “This was the most challenging Chinese new year period we have experienced. Please refer to Where we're flying today for our latest schedule. The airlines together will … Cathay Pacific will cut flights into mainland China by at least 50pc as fears over the coronavirus outbreak intensify. It "The scale of the challenge facing the global aviation industry is unprecedented," Cathay Pacific Chief Customer and Commercial Officer Ronald Lam said in a statement.
Cathay Pacific and its subsidy Cathay Dragon have been beset by problems, not of their own making. Lam said this was a result of the Chinese New Year holiday starting earlier this year.He added that lower-yield transit traffic through Hong Kong, which the airline remains “heavily reliant on”, also grew by 7 per cent compared to the same period last year.Lam said the first half of 2020 was “expected to be extremely challenging financially” and that financial results for the first half of 2020 will be “significantly down” compared to the same period last year.See a whole year of Reward Seat Availability on one page at Malaysia Airlines extends economy class ‘flexible’ fare options to Southeast Asia and South AsiaCoronavirus: Cathay Pacific to close three Hong Kong lounges ‘until further notice’Cathay Pacific urges employees to take unpaid leave: reportCathay Pacific and Hong Kong Airlines cut flights to China as coronavirus spreadsCathay Pacific lets cabin crew wear surgical masks on all flights as Wuhan virus spreadsTo see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below Today, the rebranded Cathay Dragon flies to 56 destinations in 16 countries and territories across Asia, with a particular focus on China with 28 destinations. The airline's shares have plunged more than 28% so far this year.Coronavirus safety plans already put to the test as some communities start the school yearAt least 150 hospitalized due to salmonella outbreak in 48 statesSee the latest coronavirus travel guidance from the CDC
Prior to its purchase by the Cathay Pacific Group in 1990, Hong Kong-based Dragonair started operations in 1985, flying with one Boeing 737 to destinations in Southeast Asia.
... Cathay Dragon…
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Last month, Cathay Pacific announced a HK$4.5bn loss at its airlines, which include its regional business Cathay Dragon, during the January to April period and warned of a "very bleak" outlook. Where are Cathay Pacific and Cathay Dragon currently flying to?
The latest move extends previously announced cuts, the company said.Last week, the company also reported brutal financial results for 2019, and The company's budget airline, Hong Kong Express, is planning a temporary shutdown. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article.
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