BRIEF-Cathay Pacific Airways Says Cathay Pacific, Cathay Dragon To Reduce Flight Capacity To & From Mainland China

Cathay Pacific Airways Ltd:

* CATHAY PACIFIC & CATHAY DRAGON TO REDUCE CAPACITY OF FLIGHTS TO & FROM MAINLAND CHINA BY 50% OR MORE FROM 30 JAN TO MARCH END

* REVIEWING FLIGHT SCHEDULES, WILL UPDATE THEM PROGRESSIVELY OVER NEXT 48 HOURS Further company coverage: (Reuters.Briefs@thomsonreuters.com)