on Monday, January 25, warned passenger capacity could be cut by about 60% and monthly cash burn may rise if Hong Kong installs new measures that require flight crew to quarantine for two weeks.
Hong Kong is set to require flight crew entering the Asian financial hub for more than two hours to quarantine in a hotel for two weeks, the"The new measure will have a significant impact on our ability to service our passenger and cargo markets," Cathay said in a statement, adding that expected curbs will also reduce its cargo capacity by 25%.
Separately, a company spokeswoman said the airline could not detail the impact on vaccine transport specifically in terms of cargo shipments.
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