Delivery of three A321neos, one A320neo to be delayed
Delivery of three A321neos, one A320neo to be delayed
One A320 and one 777-300ER to be retired early
To report small post-acquisition loss for finances arm HK Categorical
Provides HK Categorical outlook, Airbus remark
Nov 14 (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd 0293.HK stated on Thursday it could defer the supply of 4 Airbus SE AIR.PA narrowbodies in 2020 because it cuts capability to take care of falling demand on account of anti-government protests in its house metropolis.
Along with delaying the arrival of three A321neos at regional arm Cathay Dragon and one A320neo at finances service HK Categorical, it stated it could retire one Boeing Co BA.N 777-300ER and one Cathay Dragon A320 sooner than anticipated.
The airline stated on Wednesday the short-term outlook remained “difficult and unsure” because it lowered its revenue steering for the second time in lower than a month.
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