Cathay Pacific cuts pay rises for staff to 2 per cent, gives one-off sum of up to US$3,800 in place of year-end bonuses

• Cathay will give the bulk of its 27,000 staff a year-end payment of HK$30,000, or one month’s salary, whichever is lower, the CEO says
• The reduced end-of-year payments come as the city’s flagship airline reels from the impact of Hong Kong’s anti-government protests