Cathay Shuts US Base, Airline’s Last Overseas Outpost

Cathay Pacific Airways Ltd. closed its last overseas outpost, bringing some US-based pilots back to Hong Kong as the airline trims expenses after being hit hard by the pandemic. Cathay’s US pilot bases shut on Oct. 31 and some crew will relocate to Hong Kong in the coming weeks, according to an internal memo seen by Bloomberg News. More than 60 US-based employees are leaving the airline, the memo said. “There are no more overseas pilots bases as we continue to review all areas of our business to… (www.msn.com) More...