News Just In From Cathay Pacific
Cathay Pacific’s Workers Go On Unpaid Leave
A recent new article states that Cathay Pacific will send 25,000 workers to go on unpaid leave. Wether this be true or not, it wouldn’t be too outrages as they have not had the last couple months will the Hong Kong protests and now the fear of the Caronavirus.
Cathay Pacific Plans To Cut 90% Of Its Capacity To China Within The Coming Months
Cathay Pacific also plans to kit 90% of its capacity to China within the next 2 months. But they gain 50% of revenue from Mainland China. All of these events were announced but The unfortunate events at Cathay Pacific just keep growing as at the current rate, they are set to lose $27.8 Billion this year.