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Added on the 11/08/2021 14:00:00 - Copyright : EFE Inglés
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.
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.
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The US says it is "alarmed" after Hong Kong legislators fast-tracked a new national security law that introduces penalties such as life imprisonment for crimes related to treason and insurrection, and up to 20 years in jail for the theft of state secrets. "We believe that these kinds of actions have the potential to accelerate the closing of Hong Kong’s once open society," US Department of State deputy spokesperson Vedant Patel tells reporters during a press briefing. SOUNDBITE
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