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Cathay Pacific to close pilot bases in Canada, Australia, New Zealand

Cathay Pacific to close pilot base in Canada, proposes shutting Australia, New Zealand Reuters 2 hrs ago © Reuters/Tim Chong FILE PHOTO: A Cathay Pacific Airways Airbus A350 airplane approaches to land at Changi International Airport in Singapore (Reuters) - Hong Kong s Cathay Pacific Airways Ltd will close its Canadian pilot base and has proposed to also shut its pilot bases in Australia and New Zealand, the airline said on Thursday. Popular Searches No decisions have been made on the fate of its pilots based in Europe and the United States, the airline said in a statement that noted all passenger fleet pilots on overseas bases had been stood down since May 2020.

Cathay Pacific to cut cash burn as cargo-crew quarantine measures relaxed

Article content Hong Kong’s Cathay Pacific Airways Ltd said on Friday a relaxation of quarantine requirements for its cargo crews would help to boost air freight capacity and lower its cash burn at a time when it has only a skeleton passenger service. The airline had previously said rules that took effect on Feb. 20 and required most crew to quarantine for two weeks in hotels before returning to normal life in Hong Kong would increase cash burn by about HK$300 million to HK$400 million ($38.62 million-$51.49 million) per month, on top of the regular HK$1 billion to HK$1.5 billion levels.

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