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Bangkok Post
Bangkok Post
Business

Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels

A sign of Cathay Pacific is seen at its headquarters Cathay City in Hong Kong. (Reuters photo)

HONG KONG: Beleaguered Hong Kong carrier Cathay Pacific's passenger capacity is forecast to remain at just 2% of pre-pandemic levels, hampered by the city's strict Covid-19 travel curbs, while rivals such as Singapore Airlines recover to almost 50%.

The city's flagship airline on Monday revealed that recently tightened quarantine requirements for aircrew were expected to burn as much as HK$1.5 billion (US$192 million) in cash a month from February, though it also hoped to boost cargo capacity by 5 %.

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