Cathay Pacific to cut capacity as demand for Hong Kong travel falls

Cathay Pacific Airways Ltd on Wednesday said it would cut capacity for the upcoming winter season after reporting an 11.3% fall in passenger numbers in the month of August as anti-government protests in Hong Kong lowered demand.

"Given the current significant decline in forwarding bookings for the remainder of the year, we will make some short-term tactical measures such as capacity realignments," Cathay Chief Customer and Commercial Officer Ronald Lam said in a statement.

"Specifically, we are reducing our capacity growth such that it will be slightly down year-on-year for the 2019 winter season (from end October 2019 to end March 2020) versus our original growth plan of more than 6% for the period."

Also Read: Ronald Lamola calls student activists to apply for Presidential pardon