Cathay Pacific has announced a major restructuring today, under which the airline will shut down its fully owned subsidiary Cathay Dragon and nix a huge amount of jobs. Besides, the delivery of their new 777X aircraft is also deferred.
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Cathay Pacific will receive a USD 5 billion worth bailout in the coming days, which should allow it to stay afloat and thrive as travel restarts after CoVid-19. The airline was burning about USD 400 million every month since February as it tried to live through the pandemic.
CoronaVirus is causing airlines to upgrade their standards to ensure they don’t become the cause of the spread of the virus while maintaining essential services. Unfortunately, Indian carriers’ response to the situation has been found lacking.
Cathay Pacific’s Premium Airport Lounges are being shut down in Hong Kong temporarily from February 17, 2020, onwards. This means, much lesser lounge capacity for those who are transiting through Hong Kong at the moment.
Cathay Pacific is cancelling a host of flights from India on the back of the Coronavirus causing disruption in demand on the airline. Here is an update on how Cathay’s flights from India will be affected over the next few weeks.
Cathay Pacific, whose traffic has been largely impacted due to the Coronavirus situation in mainland China, has resorted to cutting 30% of its capacity, including 90% of its flights in Mainland China for the foreseeable future.
The Hong Kong Airport has closed check-in facilities for the second day in a row due to demonstrations in the public area of the airport.
Hong Kong Airport has shut down operations from 6 PM local time onwards, making it another day when the airport operations will be disrupted and attributed to the pro-democracy protests going on in the city state.
Here are my first impressions on the Mumbai to Hong Kong Cathay Pacific Business Class Service, which is currently being operated by a Boeing 77W aircraft. Good Product, Mediocre Service.
Cathay Pacific is out with their Diwali offer where you can get 30% off on flight bookings to Hong Kong, USA, Canada, Australia, New Zealand, China, Japan, Korea. Additionally, you also get free eCoupons that can be redeemed for duty-free shopping.
Data of over 9.4 million customers has been compromised when hackers got into Cathay Pacific’s IT systems. If you have flown with Cathay Pacific member or a Marco Polo club member, you might be affected.