Cathay Pacific Airways unveiled new measures to "help the airline deal with a serious downturn in business as a result of the global financial crisis," including scaling back capacity growth and grounding two freighters. It also is offering unpaid leave to pilots and flight attendants and requesting a two-year delay in the completion of a new cargo terminal at Hong Kong International. Regarding the current industry and economic downturn, CEO Tony Tyler said the carrier "cannot see light at ...

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