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Search results for “airline capacity cut”
Cathay Pacific downsizes to 16 destinations amid crew quarantine rules
02/16/2021
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9:45:28 AM
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Prior to the pandemic, the carrier served nearly 80 passenger destinations worldwide.
Skyscanner names new CEO; Homestay PMS firm raises $10.8 million | Daily Brief
01/23/2021
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1:03:41 AM
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Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.
Cathay Pacific takes over 15 Chinese routes from subsidiary
02/09/2021
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10:28:56 AM
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The flights will mostly likely be operated by the airline’s incoming narrowbody fleet of Airbus A321neos and its current widebody fleet of Airbus A330-300s.
Cathay Pacific raises $870 million in bonds to shore up liquidity
01/28/2021
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2:29:58 PM
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Top shareholder Swire Pacific’s stake in Cathay will be diluted to 37.9% from 45% and Air China’s stake will fall to 25.3% from 30%.
Cathay Pacific warns of capacity cuts, higher cash burn
01/26/2021
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11:53:39 AM
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In December, Cathay's passenger numbers fell by 98.7% compared to a year earlier.
China Southern Airlines becomes the worlds largest airline (again!)
11/06/2020
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5:11:02 PM
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Last winter there were some 2.242 billion scheduled seats operated, this winter we currently have some 1.762 billion loaded for sale; a 22% reduction in capacity.
Global capacity trending down to less than 50 million by year end……
11/13/2020
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2:40:30 PM
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The implications of the current situation are now extending beyond the IATA Winter Season into the Summer 2021 season and although it’s blindingly obvious the industry is in crisis.
Cathay Dragon highlights the difficulties for the world’s regional airlines – but opportunities exist
10/30/2020
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10:59:20 AM
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It is this flexibility to respond to the market which is one of their strengths.
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