The city’s de facto flag carrier was one of the first airlines to order the new long-haul jets, signing up for 21 of the planes in a multibillion-dollar deal.

In midst of ‘structural change’ review, airline had said nothing was off the table and senior manager apologises for ‘rumour and uncertainty’ caused by lack of detail.

In midst of ‘structural change’ review, airline had said nothing was off the table and senior manager apologises for ‘rumour and uncertainty’ caused by lack of detail.

Airline received economic lifeline from Hong Kong government in summer to stave off collapse during Covid-19 pandemic.

Salaries accounted for a quarter of company’s operating expenses in the first six months of this year.

Hong Kong carrier has already sent dozens of aircraft to Alice Springs, and a significant number of its 180-strong fleet could follow.

With Cathay controlling more than half of passenger traffic and carrying nearly two-fifths of cargo in Hong Kong, officials view the airline’s possible collapse as a fundamental threat to the city’s...

With speculation rife over Dragon’s future, sources say it will keep going for the foreseeable with senior recruits pending.

Cuts, which sources say will be announced on Wednesday, are a quarter less than expected and smaller than the industry average. About 5,000 employees in Hong Kong expected to be let go.

Routes and headcount face the chop during resizing of Hong Kong’s flag carrier, analysts predict.