Cathay Pacific is to park 40% of its fleet and undergo a major restructure – once it has determined what “size and shape” will allow it to “survive and thrive in this new environment”.
“We simply will not survive unless we adapt our airlines for the new travel market,” said Cathay Pacific group chief customer and commercial officer Ronald Lam, as the carrier revealed it flew just 8% of its normal …
The post Cathay Pacific in major restructure to find a way “to survive and thrive’ appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Cathay Pacific in major restructure to find a way “to survive and thrive’"