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Cathay Pacific to resume 90 pc of usual schedule in August
Hong Kong, June 24: Cathay Pacific Airways today said it will resume 90 per cent of its flight schedule by August and restore all of its services in September as it works to recover from the traffic slowdown caused by the SARS crisis.
Hong Kong, June 24: Cathay Pacific Airways today said it will resume 90 per cent of its flight schedule by August and restore all of its services in September as it works to recover from the traffic slowdown caused by the SARS crisis.
Cathay saw passenger traffic drop by 75 per cent in May,
compared with figures from a year earlier, and has been
bleeding cash as it canceled thousands of flights, although
the outlook for airlines has improved as Hong Kong emerges
from the shadow of SARS.
Even as it gradually adds flights, Cathay says it will continue to lose money in the near future and has not predicted when it can return to profitability.
The World Health Organisation removed Hong Kong from its list of infected areas yesterday, a month after lifting an advisory against travel to the territory that suffered 1,755 cases of severe acute respiratory syndrome and 296 deaths.
Tourism officials said the number of arrivals had jumped more than 70 per cent in June, compared with the previous month, but officials have warned that a full travel rebound could take time.
Cathay spokeswoman Lisa Wong said today that the airline will reinstate 90 per cent of its flights by August, with the remaining 10 per cent to relaunch by the end of September.
Cathay announced earlier it would increase its weekly lights from 530 to 700 by July, bringing the airline back to 71 per cent of its original schedule.
Bureau Report
Even as it gradually adds flights, Cathay says it will continue to lose money in the near future and has not predicted when it can return to profitability.
The World Health Organisation removed Hong Kong from its list of infected areas yesterday, a month after lifting an advisory against travel to the territory that suffered 1,755 cases of severe acute respiratory syndrome and 296 deaths.
Tourism officials said the number of arrivals had jumped more than 70 per cent in June, compared with the previous month, but officials have warned that a full travel rebound could take time.
Cathay spokeswoman Lisa Wong said today that the airline will reinstate 90 per cent of its flights by August, with the remaining 10 per cent to relaunch by the end of September.
Cathay announced earlier it would increase its weekly lights from 530 to 700 by July, bringing the airline back to 71 per cent of its original schedule.
Bureau Report