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Cathay Pacific to cut workforce by nearly a quarter

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Cathay Pacific announced plans Wednesday to cut its workforce by nearly a quarter and close one of its short-haul airlines in a effort to survive the impacts of the coronavirus pandemic.

Added on the 21/10/2020 06:25:44 - Copyright : AFP EN

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  • Cathay Pacific to cut jobs, close low-cost subsidiary

    Hong Kong, Oct 21 (EFE/EPA).- Hong Kong's flag carrier Cathay Pacific announced Wednesday it would lay off 5,900 employees and close low-cost subsidiary Cathay Dragon following corporate restructuring in response to the coronavirus's effect on aviation."The restructuring will enable the company to secure its future, so it can protect as many jobs as possible, whilst meeting its responsibilities to the Hong Kong aviation hub and its customers," the carrier said in a statement. (Camera: JEROME FAVRE). SHOT LIST: B-ROLL OF THE HEADQUARTERS OF CATHAY PACIFIC AIRWAYS, IN HONG KONG.

    21/10/2020 - EFE Inglés
  • Cathay Pacific traffic figures down 98% in September

    Hong Kong, Oct 19 (EFE/EPA).- Cathay Pacific is set to announce this week a restructuring plan that will include layoffs and pay cuts, in a bid to keep the company afloat amid the coronavirus pandemic.According to traffic figures released by the Airport Authority for September 2020, the airport handled 100,000 passengers and 10,535 flight movements, representing year-on-year decreases of 97.9 percent and 68.5 percent, respectively. (Camera: JEROME FAVERE).SHOT LIST: HONG KONG AIRPORT AND CATHAY PACIFIC AIRLINE COUNTERS.

    19/10/2020 - EFE Inglés
  • Easyjet to cut 30% of workforce as travel slump continues

    The low-cost airline Easyjet is to cut around 4,000 jobs - 30 percent of its total workforce - in response to the plunge in air travel during the Covid-19 pandemic. The company grounded its fleet in March, and plans to begin flying again from June 15, but with significantly fewer passengers. Also today, US President Donald Trump is preparing to sign an executive order targeting social media companies, after Twitter flagged one of his tweets as in need of fact-checking.

    28/05/2020 - France 24 EN
  • Five dead, 32 injured in Hong Kong coach crash: police

    Five people were killed and 32 injured after a coach carrying Cathay Pacific staff to Hong Kong’s airport collided with a taxi, with passengers thrown from the coach’s windows on impact.

    30/11/2018 - AFP EN
  • Cathay Pacific feels China's pain

    Hong Kong airline Cathay Pacific Airways's first-half net profit has tumbled 82 percent sending shares down almost 8 percent. As Hayley Platt reports, slower Chinese economic growth and falling consumer demand for premium class seats on long-haul routes is partly to blame.

    17/08/2016 - Reuters EN

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