'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
Share this story
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.
A16z Crypto Opens First Office In Seoul To Expand In Asia
a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of i... Read more
Trio AI And AbbyPay Partner To Integrate AI Into Payment Processing
Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payme... Read more
Modernising Bank Payments: How Banks Can Win In Merchant Acquiring
Banks have been the backbone of merchant acquiring. Their regulatory strength, trusted brands, and long-standing mercha... Read more
KPay Enables Tap To Pay On IPhone For Hong Kong Merchants
KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The featur... Read more
HashKey Group IPO Targets Up To HK1.67 Billion In Hong Kong Listing
Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public... Read more
Endowus Launches Income Enhanced Portfolio For Professional Investors
Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, ava... Read more