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Stock impact report

Hong Kong airport cuts flights from Tuesday due to super typhoon [Fortune]

CATHAY PAC AIRWAYS S/ADR (CPCAY) 
Company Research Source: Fortune
All flights will be halted from 6 p.m. local time on Sept. 23 through 6 a.m. on Sept. 25 as Super Typhoon Ragasa bears down, people familiar with the matter said, asking not to be identified discussing confidential information. Wing Yeung, director of service delivery at Airport Authority Hong Kong, said during a briefing Monday that while the airport will remain open, there will be a large reduction in the number of flights. Cathay Pacific Airways Ltd., the city's flagship carrier, said more than 500 flights will be canceled due to the inclement weather and they will gradually resume during Thursday daytime. The Airport Authority Hong Kong said in a statement earlier on Monday that it has “commenced preparations for the typhoon, covering areas such as apron safety, flight operations, passenger care, ground transportation services between the airport and the city and staff rest areas.” The Civil Aviation Department referred requests for comment to the airport authority. Hong Show less Read more
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