Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong
Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong
Cathay Pacific

Cathay Pacific given an extra year to tap Hong Kong government’s US$1 billion rescue loan facility

  • The bridging loan facility was part of the embattled airline’s HK$39 billion recapitalisation package aimed at helping it through the pandemic
  • Hong Kong’s flagship carrier expects 2021 to be filled with uncertainty, as pace of passenger traffic recovery remains slow

Topic |   Cathay Pacific
Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong
Last year Cathay Pacific cut 5,900 jobs, lowered pay for flight staff and shut its regional brand, Cathay Dragon. Photo: Winson Wong
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