News

Cathay staff feel pain of SARS

By
Michael Clarke

 

CATHAY
Pacific’s 198 UK staff have been asked to take unpaid leave as it attempts to
contend with a 65.7% drop in April traffic.

The
carrier, ravaged by SARS, has told staff to take four weeks unpaid leave
between June and September to help alleviate its crippling costs. The reduction
in take-home pay will be spread over six months to help ease the financial
burden on employees.

Cathay
has slashed its schedule by 45% and temporarily grounded 16 aircraft last week
to strip capacity out of its business.

 

 

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