Cathay Opts To Take Government Wage Subsidies

Cathay intends to operate 3.5% of its regular capacity in June and increase that to 9.4% in July.
Credit: Cathay Pacific
Cathay Pacific has decided to apply for the Hong Kong government’s wage subsidy program as it confronts the severe financial hit it has taken from the COVID-19 crisis. Hong Kong’s Employment Support Scheme (ESS) provides up to HK$9,000 ($1,160) per employee per month. Any company that signs on to...

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