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CATHAY PACIFIC TO GROUND SOME PLANES

HONG KONG, Cathay Pacific is planning to ground six Boeing 747-400. Director- Corporate Development Tony Tyler announced that the first quarter of next year "will be very worrying". The carrier reported a loss even on high-profit routes lately. "Japan, an important market for all airlines in the region, has shown itself to be very weak. The Japanese are just not traveling" explained Tyler. Capacity...

AVIONEWS - World Aeronautical Press Agency - 21006
Rome, Italy, 12/05/2001 11:49
AVIONEWS - World Aeronautical Press Agency

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