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3Novices:Cathay attempts to cool tensions with shareholders as staff face imminent job cuts

Hong Kong’s loss-making flagship carrier Cathay Pacific Airways has told shareholders it is making “significant progress” on a restructure of the airline, but refused to offer any specific information regarding job or budget cuts.
Responding to shareholders’ queries on topics such as the airline’s fuel hedging strategy, cost saving initiatives, and a drop in service standards, chairman John Slosar said the company would continue on a path to get the company back on…
May 17, 2017 at 11:21AM http://ift.tt/2pIRTh9
#3Novices #News #OnlineMedia #China 3Novices China

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