Cathay Pacific cuts 2020 capacity plan as Hong Kong unrest continues
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SYDNEY (Reuters) - Hong Kong carrier Cathay Pacific Airways Ltd plans to cut passenger flight capacity by 1.4% next year, reversing an earlier plan for a boost of 3.1% because of a challenging business outlook, an internal memo reviewed by Reuters showed.The capacity reduction follows Cathay Pacific cutting its second-half profit guidance earlier this month, the second cutback in less than a month, because of anti-government protests that began in Hong Kong in June that have discouraged travel..