Cathay Pacific to maintain capacity despite rising jet fuel costs, CEO says
Business
SEATTLE, March 30 : Cathay Pacific Airways CEO Ronald Lam said on Monday that the airline's short-term priority was to maintain flight capacity, adding that any cutbacks would be a "last resort" even as the conflict in the Middle East drives jet fuel prices higher. So far, the Hong Kong-based airline has seen higher demand for its long-haul flights to North America, Europe and Australia since the U.S.-Israeli conflict with Iran began last month and significantly reduced traffic through the
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