Cathay Pacific to cut more flights due to pandemic restrictions

Reuters

Published Jan 06, 2022 02:09AM ET

Updated Jan 06, 2022 12:58PM ET

HONG KONG (Reuters) - Hong Kong's flagship carrier Cathay Pacific Airways (OTC:CPCAY) said on Thursday it will cut more passenger flights and operate a reduced cargo capacity after the city tightened restrictions fearing a fifth wave of the COVID-19 pandemic.

The airline will operate about 20% of its pre-pandemic cargo capacity and around 2% of its pre-pandemic passenger flight capacity in January, it said in an emailed statement.

Hong Kong on Tuesday announced a two-week ban on incoming flights from eight countries, including the United States and Britain.

Cathay Pacific's website showed on Thursday zero scheduled dedicated freighter plane flights from Hong Kong to Europe and Southwest Pacific between January and March.

"This overall reduction in capacity will severely impact contracted cargo," the airline said.