More than 25,000 Cathay staff to take unpaid leave


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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Others Also Read