Largely grounded by Covid-19, Cathay Pacific is hoping to save cash in the short to medium term by delaying delivery of plane shipments from Airbus and Boeing. Photo: Sam Tsang

Hong Kong’s Cathay Pacific delays aircraft deliveries, slowing cash burn amid Covid-19 travails

  • The arrival window for 12 new long-haul Airbus aircraft will be stretched by two years, to 2023, while a similar deal is being discussed with Boeing
  • The city’s de facto flag carrier had been losing HK$3 billion a month amid a near-total collapse of passenger flights
Topic |   Cathay Pacific
Largely grounded by Covid-19, Cathay Pacific is hoping to save cash in the short to medium term by delaying delivery of plane shipments from Airbus and Boeing. Photo: Sam Tsang
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