Cathay returning to 2008 pre-financial crisis traffic levels
Cathay Pacific CEO Tony Tyler announced the carrier aims to “increase overall passenger capacity by about 4% for the Cathay Pacific Group, returning to 2008 pre-financial crisis levels” (e-Turbo News, 20-Sep-2010).
Cathay Pacific: “Although some Chinese cities such as Beijing or Shanghai have more passenger traffic than Hong Kong, our traffic remains vastly international in contrary to those airports. We work to maintain Hong Kong’s position as the primary intercontinental hub between China, Asia, and the rest of the world. However, we now see increasingly Dragonair serving secondary destinations in regional markets such as Bangalore, Phnom Penh, or Phuket.” James Barrington, Director - Corporate Development of Cathay Pacific. Source: e-Turbo News, 20-Sep-2010.