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Cathay Pledges Full Summer Schedule, Normal Prices Within a Year.
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- Author(s): Lee, Danny
- Source:
Bloomberg.com. 3/21/2024, p1-1. 1p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
Cathay Pacific Airways has pledged to maintain its full flight schedule over the Easter and summer months without major cancellations, according to CEO Ronald Lam. The airline also expects air ticket prices to return to normal levels within a year. The announcement comes after a series of flight cuts due to a shortage of reserve pilots and the airline's inability to forecast crew resources accurately. Cathay plans to recover its flight volumes to pre-Covid levels by the first quarter of 2025. [Extracted from the article]
- Abstract:
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