Categories
Business

Hong Kong’s Cathay Pacific to cut 6,000 jobs; axe regional brand Cathay Dragon

Hong Kong’s Cathay Pacific Airways will cut around 6,000 jobs or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic. Cathay Pacific said it expected to run at 10% of its pre-pandemic passenger capacity for the rest of 2020. Passenger numbers in September fell 98.1% from the […]

Categories
World

Coronavirus: Cathay Pacific asks 27,000 employees to take 3 weeks off without pay

Cathay Pacific is asking its 27,000 employees to take three weeks of unpaid leave in the coming months, the latest in a series of emergency measures forced on the embattled Hong Kong carrier by the coronavirus outbreak in China. The airline said in a statement Wednesday that it was appealing to all workers to take three weeks unpaid […]