Hong Kong-Based Airline Asks Staff To Take Unpaid Leave Due To Virus

Hong Kong-Based Airline Asks Staff To Take Unpaid Leave Due To Virus

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Business

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Hard

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Cathay Pacific is facing significant challenges due to the coronavirus outbreak, with a notable decline in visitors to Hong Kong and mainland China. The company has introduced an unpaid leave scheme for employees to protect the business. This measure is similar to actions taken during the 2009 financial crisis. Cathay Pacific plans to cut 30% of its capacity, including 90% of flights to mainland China. The virus has led to over 28,000 confirmed cases and more than 500 deaths in China.

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