Cathay Pacific to close Vancouver cabin crew base, cutting 147 roles
[SYDNEY] Hong Kong's Cathay Pacific Airways said on Friday it was closing its Vancouver cabin crew base, laying off 147 crew members, as part of an ongoing business review.
The job cuts are the first announced by the airline since it cut 40 per cent of its global capacity as a result of lower demand due to the coronavirus and asked all 27,000 of its staff to take three weeks of unpaid leave.
"As part of our ongoing business review, we have made the decision to close down our Vancouver cabin crew base," Cathay said in a statement. "We are communicating with the union."
Cathay had closed its Toronto cabin crew base last year affecting 120 roles before the virus hit, as part of its broader transformation plan designed to help it return to profitability.
The airline is due to release its full-year financial results on March 11, having already been hit hard in the second half of 2019 by lower demand related to sometimes violent anti-government protests in Hong Kong that deterred visitors.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Porsche posts Q1 profit drop on ramp-up costs
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US