Cathay Pacific has cancelled more than 150 flights because of demonstrations and strikes in Hong Kong, with the company’s share price falling 50% following the news. Hong Kong Airlines, a smaller company, has also cancelled 32 flights. More than 2,300 aviation workers, including 1,200 Cathay Pacific crew, reportedly joined a strike and Cathay Pacific are believed to have said airport capacity at Hong Kong had been cut by more than 4% for all airlines. Last year, more than 74 million passengers travelled through Hong Kong airport, which handles 1,100 flights each day including passenger and cargo services.
Cathay Pacific has cancelled more than 150 flights because of demonstrations and strikes in Hong Kong, with the company’s share price falling more than 4% following the news. Hong Kong Airlines, a smaller company, has also cancelled 32 flights. More than 2,300 aviation workers, including 1,200 Cathay Pacific crew, reportedly joined a strike and Cathay Pacific are believed to have said airport capacity at Hong Kong had been cut by 50% for all airlines. Last year, more than 74 million passengers travelled through Hong Kong airport, which handles 1,100 flights each day including passenger and cargo services.