Cathay Pacific recovery hopes dealt fresh blow as flight predictions for last quarter slashed amid Covid-19 restrictions

Hong Kong’s Cathay Pacific has sharply downgraded expectations for how many flights it will operate before the end of the year, blaming operational and travel restrictions for what constitutes a major setback to its post-pandemic recovery hopes.In a stock exchange filing on Monday, the city’s beleaguered flag carrier said it expected to fly 13 per cent of its 2019 pre-pandemic flight schedule in the fourth quarter, down from a previous estimate of 30 per cent.But the airline also pledged to…

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