Lower earnings: A file picture showing a mask-clad Cathay Pacific employee at the international airport in Hong Kong. Cathay has warned results in the first six months of this year will be “significantly down” from a year earlier. — AFP
HONG KONG: More than 25,000 Cathay Pacific Airways Ltd staff are taking unpaid leave, underscoring the depth of the airline’s troubles as it contends with the coronavirus.
Chief executive officer Augustus Tang said in an internal memo that Cathay’s challenges “remain acute, ” and he thanked employees for their support.
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