Cathay Pacific to make further cuts to flights - internal memo
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SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd will make further cuts to passenger capacity because of extremely low demand, leaving it with just two flights a week each to four destinations in April, according to an internal memo.The airline carried only 582 passengers one day this week with a load factor of 18.3%, which compares to 100,000 customers on a normal day, Cathay chief executive Augustus Tang said in a memo to staff seen by Reuters. The carrier will maintain a skeleton..