Cathay Pacific layoffs | Cathay Pacific cuts its routes under the epidemic

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Written by: Research on the number of buses

2020-10-21 14:03

Last update date: 2020-10-21 14:09

[Cathay Pacific Airways / Cathay Dragon Airways / layoffs] Cathay Pacific announced the largest restructuring plan in Hong Kong's history, announcing the immediate suspension of Cathay Pacific Dragon's operations and cutting 8,500 positions, including cuts of approximately 5,300 employees in Hong Kong.

"Hong Kong 01" integrates the passenger routes of Cathay Pacific and Cathay Dragon. Cathay Pacific had 96 routes around the world before the epidemic, while Dragonair's routes were about half of Cathay Pacific, with 46 routes, all of which were Asian countries/regions, but were affected by the epidemic , Cathay Pacific’s routes have been significantly reduced by about 70%.

Click on the interactive chart to see Cathay Pacific's routes before and after the epidemic▼▼▼

Before the epidemic, Cathay Pacific had 96 passenger routes covering Asia, Europe, and North America. However, due to the implementation of “customs closure” measures due to the epidemic, the aviation and tourism industries fell into a cold winter. Reduced by about 70%, European routes only fly to Amsterdam in the Netherlands, Frankfurt in Germany and London in the United Kingdom.

Click on the interactive chart to see the route before the end of Cathay Dragon ▼▼▼

Cathay Dragon had 46 routes to Asian countries/regions before the suspension, of which 30 routes to East Asia, including Beijing, Taipei, and Fugang, and the rest were Southeast Asia and India routes.

Click on the interactive chart to see the distribution of Cathay Pacific and Cathay Dragon fleet models▼▼▼

With the suspension of Dragonair operations, Cathay Pacific’s handling of Dragonair’s existing aircraft is a major issue. As of June 30 this year, Cathay Pacific has 86 aircraft. The average age of Cathay Pacific’s aircraft is 8.9 years, including leased aircraft.

Dragonair has 28 aircraft with an average age of 15.8 years, which is 6.9 years older than Cathay Pacific aircraft.

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01Cathay Pacific Airways lays off staff