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Cathay suspends flights to N America and Asia citing slump
Cathay Pacific Airways Ltd. on Friday said it has suspended four per cent of its flights to some cities in Asia and North America in view of falling demand since the September 11 terrorist attacks in the US.
Cathay Pacific Airways Ltd. on Friday said it has suspended four per cent of its flights to
some cities in Asia and North America in view of falling demand since the September 11 terrorist attacks in the US.
The airline said it was cutting flight frequencies to Bangkok, Kuala Lumpur, Manila, Los Angeles, and Vancouver as part of a review of its network. However, the flights to Bangkok, Kuala Lumpur and Manila will be reinstated during holiday periods, it said.
Tony Tyler, Cathay's director of corporate development said in a statement, Although we are suspending a number of flights, Cathay Pacific has no plans at the moment to reduce staff numbers. This airline is not immune to the pressures on the industry, but any staff reductions would only be implemented as a very last resort, He said.
With the suspension, the Hong Kong-based airline will operate a total of 32 flights per week to Bangkok, 17 flights to Kuala Lumpur, 28 to Manila, 11 to Los Angeles and 12 to Vancouver. Last month Cathay chief executive David Turnbull said in a letter to staff that the airline may have to reduce its workforce and defer investments because of the slowdown in the United States and Asian countries reducing demand for travel and cargo services.
Bureau Report
The airline said it was cutting flight frequencies to Bangkok, Kuala Lumpur, Manila, Los Angeles, and Vancouver as part of a review of its network. However, the flights to Bangkok, Kuala Lumpur and Manila will be reinstated during holiday periods, it said.
Tony Tyler, Cathay's director of corporate development said in a statement, Although we are suspending a number of flights, Cathay Pacific has no plans at the moment to reduce staff numbers. This airline is not immune to the pressures on the industry, but any staff reductions would only be implemented as a very last resort, He said.
With the suspension, the Hong Kong-based airline will operate a total of 32 flights per week to Bangkok, 17 flights to Kuala Lumpur, 28 to Manila, 11 to Los Angeles and 12 to Vancouver. Last month Cathay chief executive David Turnbull said in a letter to staff that the airline may have to reduce its workforce and defer investments because of the slowdown in the United States and Asian countries reducing demand for travel and cargo services.
Bureau Report