Cathay Pacific to cut capacity as demand for Hong Kong travel falls
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HONG KONG (Reuters) - Cathay Pacific Airways Ltd on Wednesday said it would cut capacity for the upcoming winter season after reporting an 11.3% fall in passenger numbers in the month of August as anti-government protests in Hong Kong lowered demand."Given the current significant decline in forward bookings for the remainder of the year, we will make some short-term tactical measures such as capacity realignments," Cathay Chief Customer and Commercial Officer Ronald Lam said in a statement...