SYDNEY, May 26 — China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year’s pro-democracy protests, two sources said. The airline is looking to cut costs,...
Tuesday, 26 May 2020 11:42 AM MYT
The airline is looking to cut costs, streamline marketing and consolidate pilot contracts around Cathay Pacific and low-cost arm HK Express, the sources said on condition of anonymity.But the Civil Aviation Administration of China would view such a move as an expansion and could block Cathay from keeping access to 20 mainland routes flown only by Dragon.
During that period, Cathay’s chief executive resigned and the brand received enough demerit points for minor infractions under the strict CAAC system that the regulator can deny an application to add mainland destinations and aircraft, including Dragon’s, three sources said. “Given the very dynamic situation we are currently in, we are not taking anything off the table and we can’t rule out anything to ensure our airline business will come out from the crisis stronger and more competitive,” the company said in a statement.The regulatory pushback has contributed to weeks of delays in Cathay’s plans to meet with its pilot’s union to discuss structural changes it first flagged to them in a letter on April 22, the sources said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lufthansa state rescue deal agreed in principle, say sources | Malay MailFRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...
Read more »
China exporters look inwards as virus hits overseas markets | Malay MailBEIJING, May 24 — Cancelled shipments, returned goods and a dearth of new orders have left China exporters in crisis as the coronavirus hits its trading partners worldwide — accelerating a long-standing push towards domestic consumption. The world’s second-largest economy is stirring back to...
Read more »
Hong Kong hit by fresh protest after China security proposal | Malay MailHONG KONG, May 24 — Police fired tear gas and pepper spray at hundreds of Hong Kong pro-democracy protesters who gathered today in opposition to a controversial security law proposed by China last week. The proposal is expected to ban treason, subversion and sedition, and comes after Hong Kong...
Read more »
China legislation on Hong Kong could lead to US sanctions, says White House | Malay MailWASHINGTON, May 24 — China’s proposed national security legislation for Hong Kong could lead to US sanctions and threaten the city’s status as a financial hub, White House National Security Adviser Robert O’Brien said today. “It looks like, with this national security law, they’re going...
Read more »
US, China at ‘brink of new Cold War’, says Chinese foreign minister | Malay MailBEIJING, May 24 — The United States is pushing relations with China to “the brink of a new Cold War”, the Chinese foreign minister said today, with tensions soaring over coronavirus, Hong Kong’s status and other issues. “It has come to our attention that some political forces in the US...
Read more »
Trump hits the golf course as US kicks off summer season | Malay MailWASHINGTON, May 24 — President Donald Trump kicked off the start of the American summer season yesterday with his first golf outing in two months, underlining his push for a return to normal life in the United States. With lockdowns easing across the country and the US leader ramping up his...
Read more »