[Travel News]: Cathay Pacific offers crew voluntary redundancy in fresh cost-cutting move aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.

The following is the [Travel News]: Cathay Pacific offers crew voluntary redundancy in fresh cost-cutting move from [SCMP] recommended by

Airline cites ‘devastating impact’ of coronavirus in memo to staff, foresees ‘no discernible improvement’ in short to medium term.

Cathay Pacific is offering its Hong Kong-based pilots, cabin crew and airport staff voluntary redundancy as part of severe cost-cutting, and warning that business is not improving under the “devastating impact” of the coronavirus pandemic.

Hong Kong’s struggling flag carrier informed staff on Wednesday that a forecast of “no discernible improvement” in the short to medium term had prompted the company to ask them if they would leave voluntarily. The airline said it would continue to operate a skeleton passenger flight schedule for “some considerable time”.

The voluntary redundancies are tied to the near-total collapse of the passenger flight market amid the Covid-19 pandemic, with ripple effects being felt across the group’s operations that are heavily dependent on travel demand.

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