Cathay Pacific Airways offered to take on some pilots from a financially troubled rival if it was forced to make redundancies, the Post has learned.
The Hong Kong flag carrier said it had contacted Hong Kong Airlines’ (HKA) management team in recent weeks and was greeted with a positive response, as it looks to replace retiring cockpit crews and recruit pilots for future expansion.
HKA narrowly avoided going out of business over the weekend, after satisfying the city’s airline licensing authority that it had raised enough cash to carry on.
Cathay Pacific said earlier that it would cut capacity by 1.4% in 2020 – rather than grow it by 3.1%, as planned – as the unrest had depressed the appetite for travel to and from the city, leading to a steep drop in the number of bookings.
Globally, demand for pilots is rising as airlines expand. Some 250,000 pilots are needed worldwide in the next decade, industry estimates suggest.
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