Regional Risks - EMEL

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Thursday, October 22, 2020

Regional Risks

Regional Risks

22 October 2020

Hard times for regional airlines but not without opportunities

News broke this week that Cathay Pacific will be closing its subsidiary Cathay Dragon and cutting 8,500 jobs. It has been a hard 14 months for the airline. The first two weeks of August 2019 saw the highest ever scheduled airline capacity at Hong Kong Airport, having grown steadily over many years, but since then flights have plummeted, initially due to the unrest in the city and then due to the pandemic and travel restrictions. 

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