Cathay Pacific Airways - Bio, News, Photos - Washington Times

Listen Now: NEW EPISODES! Andy Parks with Stephen Dinan & Dave Boyer

Read Now

Topic - Cathay Pacific Airways

Related Stories



The restructuring is aimed at reducing Cathay Pacific’s cash burn to 500 million Hong Kong dollars ($64.5 million) a month, from about 1.5 billion Hong Kong dollars ($193.5 million) to 2 billion Hong Kong ($258 million) dollars a month currently, the company said.

Cathay Pacific cuts 8,500 jobs, shutters regional airline →

Cathay Pacific said it plans executive pay cuts and a second voluntary leave scheme for employees on top of earlier cost-cutting measures.

Hong Kong OKs $5 billion bailout for Cathay Pacific Airways →

© Copyright 2020 The Washington Times, LLC
3600 New York Avenue NE, Washington, DC 20002

Switch to Desktop version