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Cathay Pacific expects reduced flying for at least two more years

Slow recovery highlights Hong Kong’s wavering hub status as pandemic restrictions take toll

Cathay Pacific does not expect to return to normal levels of flying for at least another two years, underscoring the slow return of travel in parts of Asia and Hong Kong’s fragile status as a global hub.

The airline plans to resume its pre-pandemic capacity in full by the end of 2024 or early 2025, Ronald Lam, chief customer and commercial officer at Cathay Pacific, said in an interview.

“We still have to look at the supply and demand situation, so it will take time to ramp up,” he said.

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