Cathay Makes Deeper Cuts As COVID-19 Hurts Demand

Credit: Cathay Pacific Airways

Cathay Pacific has once again increased its planned capacity cuts as the carrier responds to a precipitous decline in traffic due to the COVID-19 outbreak. In its latest update, Cathay said its systemwide capacity for February and March will be down 40% year-on-year, an increase from the 30% cuts it...

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