Cathay Pacific Airways is moving toward a more comprehensive revamp of its network and fleet than previously disclosed, according to a memo sent to employees last week by CEO Tony Tyler, who warned that the airline likely won't "emerge unscathed" from the industry downturn. Last month CX announced significant changes to its network designed to reduce fuel expenses and focus on demand. It cut 10 weekly flights to North America while adding eight to Australia and increasing capacity on 14 ...

Subscribe to Access this Entire Article

"Cathay considers network, fleet restructuring to mitigate 'major crisis'" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.