{"id":101201,"date":"2020-10-21T09:52:43","date_gmt":"2020-10-21T07:52:43","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=101201"},"modified":"2020-10-21T10:11:59","modified_gmt":"2020-10-21T08:11:59","slug":"disappearance-of-cathay-dragon","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/disappearance-of-cathay-dragon","title":{"rendered":"Cathay Dragon retracts its claws"},"content":{"rendered":"<p><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/cathay-pacific-coronavirus-20200211.html\/\"><strong>Cathay Pacific<\/strong> <\/a>continues to suffer more than any other airline in Asia from the decline in air traffic. The covid-19 pandemic has been compounded by the reluctance - justified or not - of many travellers to pass through Hong Kong because of the <strong><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/hong-kong-loi-securitaire-business-20200710.html\/\">new security law imposed by China<\/a><\/strong>.<\/p>\n<p>In September, the Hong Kong carrier's capacity was only 9% of its usual capacity. On average, Cathay Pacific carried 1,568 passengers per day last month, with a <strong>fill rate of 25%<\/strong>. That's just over 47,000 passengers over the whole month, a fall of 98% compared with September 2019.<\/p>\n<p>According to Ronald Lam, Chief Customer &amp; Commercial Officer of Cathay Pacific Group,<strong> the company expects to operate only 10% of its usual capacity by the end of the year<\/strong>.<\/p>\n<h2><span style=\"color: #a71f31;\">An average capacity of 50% in 2021<\/span><\/h2>\n<p>It estimates that it will be able to offer 25% of its capacity in the first half of 2021. Smoothed out over the year, the average capacity offered by the company would be <strong>just under 50%<\/strong>This figure will depend on <strong>the marketing of a vaccine<\/strong>.<\/p>\n<p>As a result, the company has announced a restructuring plan involving the loss of 8,500 jobs, including 600 outside Hong Kong.<\/p>\n<p>The most spectacular announcement made this Wednesday morning on the Hong Kong stock exchange was <strong>the disappearance on 21 October of Cathay Dragonair, the carrier's regional subsidiary<\/strong>. Formerly Dragonair, it adopted the name Cathay Dragon in 2016, better reflecting its integration into the group. It mainly served cities in mainland China and Asia.<\/p>\n<p><strong>Cathay's management is now waiting for the regulatory authorities to approve the transfer of the majority of Cathay Dragon's routes either to Cathay Pacific or to its other low-cost subsidiary, Hong Kong Express.<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Cathay Dragon, the regional subsidiary of Hong Kong-based Cathay Pacific, officially disappears today, the victim of a drastic restructuring plan.<\/p>","protected":false},"author":21,"featured_media":101211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,59],"tags":[131,1015,1125],"type-darticle":[52],"n_magazine":[],"class_list":["post-101201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobilite","category-aerien","tag-compagnies-aeriennes","tag-asie","tag-hong-kong","type-darticle-breve","vapo-free"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.9 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Le groupe Cathay se s\u00e9pare de sa filiale r\u00e9gionale Cathay Dragon<\/title>\n<meta name=\"description\" content=\"Cathay Pacific restructure son activit\u00e9. Suppression d&#039;emplois et disparition de sa filiale r\u00e9gionale Cathay Dragon font partie des mesures adopt\u00e9es.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.voyages-d-affaires.com\/en\/disappearance-of-cathay-dragon\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathay Dragon rentre ses griffes\" \/>\n<meta property=\"og:description\" content=\"Cathay Pacific restructure son activit\u00e9. Suppression d&#039;emplois et disparition de sa filiale r\u00e9gionale Cathay Dragon font partie des mesures adopt\u00e9es.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.voyages-d-affaires.com\/en\/disappearance-of-cathay-dragon\" \/>\n<meta property=\"og:site_name\" content=\"Voyages d&#039;affaires\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-21T07:52:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-21T08:11:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2020\/10\/brand-vision-story.renditionimage.900.60.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Luc Citrinot\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Luc Citrinot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.voyages-d-affaires.com\/en\/disparition-cathay-dragon\",\"url\":\"https:\/\/www.voyages-d-affaires.com\/en\/disparition-cathay-dragon\",\"name\":\"Le groupe Cathay se s\u00e9pare de sa filiale r\u00e9gionale Cathay Dragon\",\"isPartOf\":{\"@id\":\"https:\/\/www.voyages-d-affaires.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.voyages-d-affaires.com\/en\/disparition-cathay-dragon#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.voyages-d-affaires.com\/en\/disparition-cathay-dragon#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.voyages-d-affaires.com\/wp-content\/uploads\/2020\/10\/brand-vision-story.renditionimage.900.60.jpg\",\"datePublished\":\"2020-10-21T07:52:43+00:00\",\"dateModified\":\"2020-10-21T08:11:59+00:00\",\"author\":{\"@id\":\"https:\/\/www.voyages-d-affaires.com\/#\/schema\/person\/c74b2eea412d55da7482e81e95f8edc3\"},\"description\":\"Cathay Pacific restructure son activit\u00e9. 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