Cathay Pacific Declines Wage Subsidies, Allowing Layoffs

Cathay
Credit: Joe Pries
Cathay Pacific Airways will not apply for the latest round of government wage subsidies for its main operating units, raising the likelihood that the Hong Kong carrier will cut its workforce as part of restructuring efforts. The airline opted into the first three-month round of wage subsidies in...

Subscription Required

 

Cathay Pacific Declines Wage Subsidies, Allowing Layoffs is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.