Aircraft operated by Cathay Pacific Airways Ltd. stand on the tarmac at Hong Kong International Airport in Hong Kong, China, on Friday, Aug. 7, 2020.
Paul Yeung | Bloomberg | Getty Images
Singapore Airlines and Hong Kong’s Cathay Pacific Airways will “inevitably” take a longer time to recover from the coronavirus crisis, an aviation consultant told CNBC.
That’s because these carriers are based in markets with no domestic demand for flights, in a time where international travel is still very limited, said Joanna Lu, Asia’s head of consultancy at Cirium.
Airlines have suffered massive losses since air travel was virtually