'Future Bright For Cathay, Despite Few Passengers'
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1550916_1_20200922085959.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1550916-20200922.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1550916-20200922.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-09-22 HKT 08:59
A logistics professor on Tuesday said Cathay Pacific has a good future ahead, despite having almost no air traffic and passengers.
Over the weekend, its flights from Kuala Lumpur were banned for two weeks because of a cluster of coronavirus cases onboard.
Achim Czerny from Polytechnic University's Department of Logistics and Maritime Studies said the airline is in an especially difficult situation because unlike carriers in the United States or Europe, most of Cathay's flights are international and not domestic, and therefore affected by travel bans because of the pandemic.
But he said one advantage Cathay has is its location. Czerny said: "The Asia-Pacific region... will remain a region of very strong growth, and there is the Greater Bay Area, one of the most dynamic regions in the world, so I would say for Hong Kong and Cathay Pacific, you know, despite all these changes, there is a good future ahead but again the most important (thing) at the moment is really just simply to survive".
Czerny added that another advantage Cathay has is that it has retired all of its large aircraft, which are very hard to fill.
Deep Diving Into The Virtual Banking Scene In Hong Kong
Imagine a world where you can access all your banking needs at your fingertips without ever having to step into a physi... Read more
Job Cuts Hit Morgan Stanley And HSBC In China And Hong Kong
In a move reflecting the challenging market conditions in the Asia-Pacific region, particularly in Hong Kong and China,... Read more
Endowus Launches Full-Service Wealth Management Platform In Hong Kong
Endowus, an independent digital wealth advisor in Asia, has officially launched its comprehensive wealth management pla... Read more
Mox Bank Names Igor Lau As Chief Customer Officer
Mox Bank has appointed Igor Lau as the new Chief Customer Officer (CCO), effective 1 April 2024. Igor Lau steps into th... Read more
Financial Services Are Among The Most At Risk For Digital Fraud In Hong Kong
In Hong Kong, financial services ranked second among the most targeted industries for suspected digital fraud last year... Read more
Three Chinese Firms Gets Nod To Launch Bitcoin And Ethereum ETF In Hong Kong
Hong Kong has taken a significant step by granting initial approvals to three Chinese asset managers to launch exchange... Read more