Cathay Pacific to cut workforce and wind up its regional brand

Cathay Pacific to cut workforce and wind up its regional brand

A man walks past a model plane of Cathay Pacific in the Cathay City, the airline's headquarters in Hong Kong, on Wednesday. Associated Press



Hong Kong's Cathay Pacific Airways said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic.

The airline would also seek changes in conditions in its contracts with cabin crew