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AVIATION | Staff Reporter, Hong Kong
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Cathay Pacific to announce job cuts and fewer flights

No thanks to competition from Chinese carriers.

According to Reuters, Cathay Pacific Airways is expected to announce job cuts, cost reductions and to shift flights to its short-haul arm when it unveils the results of a key review this week, as it grapples with growing competition from Chinese carriers.

The 71-year-old Hong Kong airline is under pressure to combat aggressive state-supported mainland carriers, and to position itself against an "open skies" deal signed last month between China and Australia.

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