SYDNEY: Hong Kong’s Cathay Pacific Airways Ltd. said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in d
CATHAY Pacific's restructuring removes a key overhang for the airline but earnings recovery will depend on the opening of the Singapore-Hong Kong air travel bubble (ATB), Jefferies' research team said
Hong Kong flag carrier Cathay Pacific on Wednesday announced that it will eliminate 8,500 job posts, making 5,900 staff redundant, and shut one of its regional airlines with immediate effect in an eff
European stocks are expected to open slightly higher on Wednesday amid renewed optimism for the prospects of stimulus talks in the U.S.
Cathay, which has stored around 40% of its fleet outside Hong Kong, said on Monday it planned to operate less than 50% of its pre-pandemic capacity in 2021
In cutting a quarter of its staff, the carrier is surrendering to a budget future.
Brazil’s health minister falls ill in suspected coronavirus case; state-owned drugmaker in China prepares to supply a billion vaccine doses
Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due t
Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due t
Hong Kong airline Cathay Pacific Airways will cut 8,500 jobs and shut its regional airline as it grapples with the plunge in air travel due to the pandemic

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01:55am, Wednesday, 21'st Oct 2020
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The entire reductions of some 8,500 jobs amount to around 24% of Cathay’s headcount, one of the largest hits in aviation globally since the outbreak started.
HONG KONG (AP) - Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. About 5
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