Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang
Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang

With airlines facing a bleak winter and a full recovery seen only in 2024, more airlines are likely to collapse

  • Bookings in November and December have declined 81 per cent and 78 per cent year on year respectively, data from airline consultancy CTAIRA shows
  • Financial help from governments could limit the number of airline failures, says aviation analyst Brendan Sobie

Topic |   Aviation
Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang
Cathay Pacific aircraft are grounded at Hong Kong International Airport as demand has slumped due to the coronavirus pandemic. Photo: Sam Tsang
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