CATHAY PACIFIC
CATHAY PACIFIC carried 4.6m pax in 2020, down 86.9% vs 2019, and expects new quarantine measure by HK Govt. could reduce pax capacity by 60% (cargo by 25%), increasing cash burn by HK$300-$400m per month on top of current HK$1-1.5b.
Subscription Required
CATHAY PACIFIC is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.