Recasts headline and lead.
Recasts headline and lead.
SYDNEY, March 6 (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd 0293.HK stated on Friday it was closing its Vancouver cabin crew base, shedding 147 crew members, as a part of an ongoing enterprise overview.
The job cuts are the primary introduced by the airline because it minimize 40% of its international capability on account of decrease demand as a result of coronavirus and requested all 27,000 of its employees to take three weeks of unpaid go away.
“As a part of our ongoing enterprise overview, we’ve got made the choice to shut down our Vancouver cabin crew base,” Cathay stated in an announcement. “We’re speaking with the union.”
Cathay had closed its Toronto cabin crew base final 12 months affecting 120 roles earlier than the virus hit, as a part of its broader transformation plan designed to assist it return to profitability.
The airline is because of launch its full-year monetary outcomes on March 11, having already been hit onerous within the second half of…