'Future Bright For Cathay, Despite Few Passengers'

"); jQuery("#212 h3").html("

Related News Programmes

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1550916_1_20200922085959.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1550916-20200922.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1550916-20200922.htm', 'DCS.dcsqry', '' ); } } }); }); });

2020-09-22 HKT 08:59

Share this story

facebook

  • A row of Cathay Pacific aircraft parked on the tarmac at Chek Lap Kok. Photo: Shutterstock

    A row of Cathay Pacific aircraft parked on the tarmac at Chek Lap Kok. Photo: Shutterstock

A logistics professor on Tuesday said Cathay Pacific has a good future ahead, despite having almost no air traffic and passengers.

Over the weekend, its flights from Kuala Lumpur were banned for two weeks because of a cluster of coronavirus cases onboard.

Achim Czerny from Polytechnic University's Department of Logistics and Maritime Studies said the airline is in an especially difficult situation because unlike carriers in the United States or Europe, most of Cathay's flights are international and not domestic, and therefore affected by travel bans because of the pandemic.

But he said one advantage Cathay has is its location. Czerny said: "The Asia-Pacific region... will remain a region of very strong growth, and there is the Greater Bay Area, one of the most dynamic regions in the world, so I would say for Hong Kong and Cathay Pacific, you know, despite all these changes, there is a good future ahead but again the most important (thing) at the moment is really just simply to survive".

Czerny added that another advantage Cathay has is that it has retired all of its large aircraft, which are very hard to fill.

RECENT NEWS

Payoneer Completes Easylink Payment Acquisition, To Expand In China

Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more

Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia

Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more

HKMA Steps Up Against Digital Scams With Fresh Safeguards

The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more

Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April

Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more

XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo

XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more

Bain Capital Aims To Raise US$9 Billion For New Asia Funds

Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more