Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
Last month, Cathay’s CEO Ronald Lam said the Hong Kong-based airline would press ahead with plans to expand passenger capacity by 10 per cent this year, pointing to strong demand for long-haul flights to North America, Europe and Australia after the Iran war cut traffic through the Middle East. Beyond June, Cathay Pacific and HK Express plan to operate all their scheduled passenger flights, Cathay said in the statement. US President Donald Trump’s two-week ceasefire with Iran is unlikely to bring quick relief to the global aviation industry, executives said this week. Industry officials warned that jet fuel supplies will remain tight and costly for months, even if Iran reopens the Strait of Hormuz. Source link





