Hong Kong Cathay Pacific Corona impact to reduce 8500 people October 21, 16:45
Hong Kong-based Cathay Pacific has announced plans to cut 8,500 passengers, a quarter of the group's total, as demand for flights has fallen sharply due to the impact of the new coronavirus. ..
Hong Kong-based Cathay Pacific announced yesterday that it will cut a total of 8,500 jobs.
This is 24% of the total group.
In addition, all operations of Cathay Dragon Airlines under its umbrella will be canceled and routes will be taken over by Cathay Pacific or Hong Kong Express under the same umbrella.
Cathay Pacific has suspended operations on many routes due to the spread of the new coronavirus, and last month's passenger numbers were only around 2% of the same period last year.
Regarding this restructuring, Cathay Pacific said, "The new coronavirus is affecting the world, and the aviation industry continues to be seriously hit. We have to take the last resort to continue the operation of the group. I can't. "
Due to the influence of the new coronavirus, there is no prospect of recovery in aviation demand, and major airlines in the United States have announced plans to reduce the number of employees by a total of 30,000. is.