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Hong Kong Express

Cathay Dragon shuttered, 8,500 jobs eliminated

21 October 2020 By Seth Miller 3 Comments

Cathay Dragon is the latest airline to be grounded as a result of COIVD-19, part of a massive restructuring at the Cathay Pacific Group as it seeks to stabilize its operations. In a stock exchange filing on Wednesday the company announced that the regional arm “will cease its operations with effect from today.”

This story is about: Cathay Dragon, Cathay Pacific, China, COVID-19, HKG, Hong Kong, Hong Kong Express, layoffs, LCC, LCCs, Low Cost Carriers, routes, union Filed Under: Airplanes and Airports

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