Cathay Pacific is expected to recover to 70 % of people at the end of the year.

Hong Kong Cathay Pacific, which is severely damaged by the epidemic, still faces problems such as lack of hand after the epidemic prevention and control.The CEO of Cathay Pacific Airlines Lin Shaobo predicts that the number of passengers at the end of this year can return to 70 %, but it may not be able to restore dividends.

Comprehensive Bloomberg and Sing Tao Daily reported that Lin Shaobo believes that Cathay Pacific's biggest risk is to establish a team.He pointed out that the aviation industry needs sufficient resources. On the air service staff, or the ground work, they need manpower. Although Cathay Pacific planned to recruit 3,000 people this year, the number of employees is still lower than 2019.

Lin Shaobo said that the company is working hard to solve the problem of manpower in order to recover to the level before the epidemic.As China resumes all kinds of foreigners to visit China, he is very optimistic about the next passenger traffic.

Lin Shaobo pointed out that Cathay Pacific is different from other airlines. Hong Kong began to unblock at the end of last year. Late in other parts of the world, Hong Kong crew members also experienced "the strictest quarantine conditions in the world."He revealed that for a long time since the outbreak of the epidemic, Cathay Pacific passenger volume has been at a very low level, and the licenses of many pilots have expired, and they have to allocate time and resources to re -train.

Lin Shaobo said that the current passenger volume of Cathay Pacific has returned to about 50 % before the epidemic, and is striving to achieve the goal of recovering to 70 % at the end of the year.He also predicts that the volume of freight is expected to return to the level of 85%before the epidemic.

However, Lin Shaobo said that depending on the performance of the business, Cathay Pacific may not be able to restore dividends this year.He revealed that Cathay plans to pay 1.5 billion yuan (Hong Kong dollars, about S $ 250 million) in the Hong Kong government, and then consider dividends.