Cathay Pacific Airways Ltd. continues to experience a very high rate of pilot resignations, and may improve allowances and benefits to appease crew who took deep pay cuts to help Hong Kong’s flag carrier navigate its way through the city’s Covid-19 crisis. “We still have resignation rates at much higher…
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would work with corporate customers to launch a major corporate sustainable av.
Senior Executives Resign From Cathay Pacific Amid Covid Battle
Shirley Zhao, Bloomberg News The Cathay Pacific Airways Ltd. logo is displayed on a building at Cathay Pacific City, the company s headquarters, in Hong Kong, China, on Wednesday, Oct. 21, 2020. Hong Kongâs Cathay Pacific will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virusâs resurgence in the U.S. and Europe and the lack of a vaccine underscore the ongoing uncertainty in global aviation. Photographer: Roy Liu/Bloomberg , Bloomberg
(Bloomberg) Two senior executives at Cathay Pacific Airways Ltd. have resigned, as the Hong Kong-based carrier continues to battle its way through the coronavirus pandemic with severely reduced flight capacity.