Hong Kong carrier Cathay Pacific and subsidiaries draw HK$680 million from government’s coronavirus relief fund

Hong Kong’s embattled flag carrier Cathay Pacific has won some breathing space as the airline and its subsidiaries, which include cargo, frequent flier and laundry businesses, were among the latest recipients of government support, receiving about HK$680 million (US$87.7 million) from the Covid-19 relief package.The amount could keep afloat the jobs of at least 25,881 of the group’s employees.The names of the fourth batch of companies granted the government wage subsidies under the Employment…

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