Friday, July 11, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Cathay Pacific to gradually increase capacity after crew quarantine rules lifted By Reuters

by Reuters
September 10, 2022
in Stock Market
Reading Time: 2 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China April 4, 2018. REUTERS/Bobby Yip

(Reuters) – Cathay Pacific Airways (OTC:) Ltd mentioned it might progressively enhance flying capability within the coming months after the Hong Kong authorities on Friday lifted guidelines requiring passenger crew to quarantine in a lodge for 3 days on return to town.

The onerous crew quarantine guidelines had made rostering tough and have been a serious obstacle to the airline returning to extra regular operations.

Cathay’s passenger capability was at simply 12.4% of pre-pandemic ranges within the month of July, though its cargo capability was at 51% partly as a result of cargo crews have been not required to quarantine.

Earlier than the passenger crew guidelines have been lifted, Cathay forecast it might attain 25% of pre-pandemic capability by the tip of the 12 months.

Cathay mentioned it might proceed so as to add again flights as shortly as possible, however it might take time to rebuild capability because it includes a considerable quantity of crew coaching and reactivating saved plane.

“This, mixed with different operational complexities, signifies that capability can solely be elevated progressively over a interval of a number of months,” the airline mentioned in a press release on Saturday that didn’t present up to date capability steering.

Cathay has mentioned it plans to rent an extra 4,000 workers to fill operational wants over the subsequent 18 to 24 months as journey rebounds, having lower greater than 6,000 jobs throughout the pandemic.

Pilot attrition has been larger than regular due to the onerous quarantine necessities, mixed with everlasting pay cuts of as a lot as 58%.

The Hong Kong authorities mentioned on Friday that crew members would nonetheless want to stay remoted of their lodge rooms when on layovers exterior town.



Source link

Tags: capacityCathaycrewgraduallyincreaseLiftedPacificquarantineReutersrules
Previous Post

Alphabet’s Verily raises $1 billion as tech giants enter red hot healthcare sector • TechCrunch

Next Post

Summer Is Nearly Over, The Fall Is Almost Here, And Winter Is Coming… – Investment Watch

Related Posts

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

Nu Holdings: The Fintech Stock With Strong Long-Term Growth Potential (NYSE:NU)

by Analysis Fundamental
July 9, 2025
0

This text was written byComply withI'm an skilled Threat Administration Enterprise Analyst at a Systemic Greek Financial institution, with a...

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

Antofagasta: Robust Prospects For Long-Term Dividend Investors (ANFGF)

by Alberto Abaterusso
July 9, 2025
0

This text was written byObserveAlberto holds a Grasp's diploma in Enterprise Economics. Throughout his educational profession he acquired an in...

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

Oklo: The Most Exciting Zero-Revenue Stock (NYSE:OKLO)

by Michael Wiggins De Oliveira
July 8, 2025
0

This text was written byObserveMichael Wiggins De Oliveira is an inflection investor. This implies shopping for into low cost corporations...

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

B-Stock’s Summer Teammate Spotlight 2025: Meet Mia Paulding

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Mia Paulding to the Purchaser Account Administration staff this summer time! As a summer...

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

B-Stock’s Summer Teammate Spotlight 2025: Meet Alyssa Shum

by Andrea Vargas
July 8, 2025
0

B-Inventory is so excited to welcome Alyssa Shum to the Product Design group this summer time! As a summer time...

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

Dell Stock Is Fairly Valued With CSG Struggles (NYSE:DELL)

by Jia Ming Eow
July 7, 2025
0

This text was written byObserve19 12 months previous passionate dealer managing a 6 determine portfolio attempting to and beating the...

Next Post
Summer Is Nearly Over, The Fall Is Almost Here, And Winter Is Coming… – Investment Watch

Summer Is Nearly Over, The Fall Is Almost Here, And Winter Is Coming… – Investment Watch

Nubank Stock: A Complicated Growth Story

Nubank Stock: A Complicated Growth Story

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Corn Sticking Close to Unchanged at Midday

Corn Sticking Close to Unchanged at Midday

July 11, 2025
Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

July 11, 2025
Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

July 11, 2025
Google’s Veo 3 in Gemini Upgraded With Image to Video Generation Capability

Google’s Veo 3 in Gemini Upgraded With Image to Video Generation Capability

July 11, 2025
Remixpoint CEO to Receive Entire Salary in Bitcoin

Remixpoint CEO to Receive Entire Salary in Bitcoin

July 11, 2025
OpenAI Faces IRS Complaint Over Alleged Tax Violations

OpenAI Faces IRS Complaint Over Alleged Tax Violations

July 11, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Corn Sticking Close to Unchanged at Midday

Apple iPhone 16e, Samsung Galaxy S24 Ultra, OnePlus Nord 5

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In