China CITIC Bank joins other Chinese state-run companies to boycott Cathay Pacific

China CITIC Bank International has become the latest Chinese company to boycott Cathay Pacific, adding extra pressure on the airline, although the handover of crew details has satisfied China’s regulator.

According to Bloomberg, the bank sent a message on Wednesday to staff, saying that “no employee shall travel by flights operated by Cathay Pacific Group” for business purposes, with immediate effect.

As for personal trips, the bank has advised staff they should avoid flying on airlines “with safety warnings imposed by relevant regulators”.

This unit of CITIC Group has become the latest company to ban employees from flying with Cathay Pacific. Earlier this week, China Huarong International and China Resources banned employees from booking flights on Hong Kong’s flag carrier.

Meanwhile, Cathay Pacific still has some positive news among the biggest crisis in the company’s history.

The airline’s handover of details on crew working in Mainland Chinese airspace has met the requirements imposed by the Civil Aviation Administration of China (CAAC). South China Morning Post has reported that Cathay Pacific did not clarify what information it had submitted in response to the demands stipulated by CAAC.

Cathay has also fired two pilots over the citywide protests amid pressure from Beijing. One of them was arrested and charged for rioting in Sheung Wan, while the other was sacked for misusing company information on a flight.

The airline’s trouble began last week as CAAC issued a major aviation safety warning to the company. It’s believed that China was not satisfied with Cathay’s efforts to ban employees’ participation in protests in Hong Kong.

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