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There's a long way to recover for Cathay Pacific
China, Hong Kong - Its operativity dropped of 50%
"With passenger traffic down by more than three-quarters we still have a lot of ground to make up", has declared Cathay Pacific Airways' Chief Executive, David Turnbull, who then specified that "Now we are carrying around 7-8,000 people per day plus good cargo loads. We need 20,000 per day plus the same cargo loads to reach a cash breakeven point". Although the bookings for this summer grew, it will...
AVIONEWS - World Aeronautical Press Agency - 46450
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency