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Cathay Pacific/ HK Express Cancel ~2%/ ~6% of Flights from Mid-May to End-Jun; Scheduled Passenger Flight Full Operation Scheduled to Resume After Jun
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CATHAY PAC AIR (00293.HK) announced that it has to consolidate a small number of Cathay Pacific passenger flights from May 16 to June 30, as well as a small number of HK Express passenger flights from May 11 to June 30, to mitigate part of the increased costs. For Cathay Pacific, around 2% of total frequencies during the period will be cancelled, involving mostly regional flights and a small number of Australia, South Asia, and South Africa flights. For HK Express, about 6% of total frequencies will be cancelled. Beyond June, Cathay Pacific and HK Express plan to operate all their scheduled passenger flights, subject to developments of the Middle East situation and jet fuel price in the coming months. Auto-translated by AI AASTOCKS Financial News |
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