Bailout, Restructuring Will Boost Cathay Pacific’s Recovery Prospects

aircraft on runway
Cathay Pacific hopes to defer aircraft deliveries, including Airbus A350s, that are due this year.
Credit: Joepriesaviation.net
Cathay Pacific has gained short-term breathing room by securing the massive government-led bailout package it needs to survive. Now it must turn its focus to the long term by reshaping the company to ensure it can compete in the post-coronavirus industry landscape. The government will monitor its...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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