Money: Cathay Pacific to Close Cabin Crew Base in Toronto - PressFrom - Canada
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MoneyCathay Pacific to Close Cabin Crew Base in Toronto

07:35  12 february  2019
07:35  12 february  2019 Source:   msn.com

Police investigating reports of base jumpers landing near bus in downtown Edmonton

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Cathay Pacific and Cathay Dragon are part of the Cathay Pacific Group united to a premium travel experience. However, they also operate with distinct personalities tailored to reflect our different markets and customer groups. Each airline has exciting opportunities for crew and wide-ranging

Cathay Pacific Airways is closing its Toronto cabin crew base , saying it is not commercially viable, putting dozens of jobs at risk. Flight attendants were told of the “disappointing and unsettling” changes when staff were invited to meet the airline at a hotel in Toronto Airport to clarify their future, according

Cathay Pacific to Close Cabin Crew Base in Toronto© Bloomberg A Cathay Pacific Airways Ltd. aircraft takes off from Hong Kong International Airport at dusk in Hong Kong, China, on Sunday, Aug. 5, 2018. Just when Hong Kong’s flagship airline was showing signs of a rebound, crude oil played spoilsport again, denting early gains from a transformation plan that Chief Executive Officer Rupert Hogg considers crucial to survival.

(Bloomberg) -- Cathay Pacific Airways Ltd. is closing its cabin crew base in Toronto as part of a business review, potentially affecting 120 workers in the Canadian city.

The Hong Kong-based airline is talking with the union to explore options for the employees, including opportunities in other locations, it said Tuesday in an emailed response to a report in the South China Morning Post. The company currently doesn’t have plans to close other bases outside Hong Kong, it said.

3 Calgary men killed in CP Railway train derailment near Field, B.C. identified

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Cathay Pacific is in the final year of a transformation program that started in 2017 after fierce competition from Chinese airlines and low-cost carriers led to losses in two consecutive years. The Hong Kong-based company is seeking to reduce HK$4 billion ($510 million) in expenses after cutting 600 jobs at its main office and added more seats on some of its aircraft.

Cathay Pacific to Close Cabin Crew Base in Toronto© Bloomberg A Boeing Co. 777 aircraft operated by Cathay Pacific Airways Ltd. prepares to land at Hong Kong International Airport in Hong Kong, China, on Sunday, Aug. 5, 2018. Just when Hong Kong’s flagship airline was showing signs of a rebound, crude oil played spoilsport again, denting early gains from a transformation plan that Chief Executive Officer Rupert Hogg considers crucial to survival.

Last year, Cathay Pacific offered a voluntary early retirement package to employees in Japan and completed a “comprehensive review” of its regional structure including Northeast Asia. It plans to recruit more than 1,000 cabin crew in Hong Kong this year, the company said.

The airline is offering flights to more destinations and improved in-flight meal services in efforts to lure customers.

To contact the reporter on this story: Kyunghee Park in Singapore at [email protected]

To contact the editors responsible for this story: Anand Krishnamoorthy at [email protected], Sam Nagarajan, Ville Heiskanen

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

Fabled WWII aircraft carrier discovered 77 years after it was sunk.
The USS Hornet is best known for launching the important Doolittle Raid in April of 1942 and its role in winning the Battle of Midway . Richard Nowatzki, 95 now, was an 18-year-old gunner on Hornet when enemy planes scored several hits, reports CBS News' Mark Phillips. "When they left, we were dead in the water," Nowatzki said. "They used armor piercing bombs, now when they come down, you hear 'em going through the decks … plink, plink, plink, plink … and then when they explode the whole ship shakes." With 140 of her crew already dead, the order was given to abandon ship.

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