Cathay Pacific CEO quits as airline hits turbulence amid HK protests

Qatar buys about 9.6 per cent stake in the Hong Kong flag carrier

Cathay Pacific Airways CEO Rupert Hogg, alongside chief customer and commercial officer Paul Loo, both resigned last Friday.

They will be succeeded by Augustus Tang and Ronald Lam respectively, starting from today. Lam will also remain the CEO of Hong Kong Express until a successor has been appointed.

Cathay Pacific Airways CEO Rupert Hogg is the latest casualty of Beijing’s immense displeasure over Hong Kong protests

In a statement, Hogg indicated that he and Loo, his deputy, resigned to “take responsibility” in light of recent “challenging weeks” for the airline.

According to AP, Hogg’s shock resignation came following pressure by Beijing over the participation of some of Cathay’s employees in the recent anti-government protests.

In a statement, John Slosar, chairman of Cathay Pacific, said that it needed a “new management team in place who can reset confidence and lead the airline to new heights”.

Hong Kong is entering its third month of protests that started in opposition to a proposed extradition law but which have since expanded to include demands for a more democratic system.

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