Cathay Pacific to cut flight schedules as fuel costs rise

Cathay Pacific and HK Express will reduce flights from mid-May through June due to high fuel costs. Services to Dubai and Riyadh remain suspended until July.

Xurve View
Insights:

CATHAY PACIFIC AIRWAYS announced on Saturday that it will reduce its flight schedule from mid-May through the end of June. The decision comes as the carrier grapples with surging jet fuel prices driven by ongoing geopolitical tensions in the Middle East. Based in Hong Kong, the airline group plans to cancel approximately 2% of its scheduled passenger flights between May 16 and June 30, 2026.

The airline's low-cost subsidiary, HK Express, will implement more significant reductions, cutting about 6% of its flights starting May 11. Additionally, the suspension of passenger services to major regional hubs, including Dubai and Riyadh, will remain in effect until at least June 30.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.