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Cathay offers special leave due to coronavirus

by LLB Editor
5th Feb 20 10:34 am

Hong Kong’s flagship carrier Cathay Pacific is asking all of its employees to take three weeks of unpaid leave during the period of 1 March 1 to 30 June, to help it cope with the impact of the coronavirus on its business.

The airline has already been struggling with the pressures of several months of anti government protests in Hong Kong on passenger demand.

The airline says it is offering a voluntary special leave scheme to all of its employees over a period of four months, to help it cope with the pressures the coronavirus is having on its bottom line.

In a statement to the BBC, the airline said that preserving cash is key to protecting its business.

Cathay earlier this week announced massive capacity cuts to the mainland and also on other international routes.

The airline had already been facing difficulties because of several months of anti government protests in Hong Kong, an international financial and travel hub and a key part of its business. Analysts say it was likely to offer the unpaid leave scheme to staff because of those issues anyway.

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