Cathay Pacific Airways Limited

FOR IMMEDIATE RELEASE 15th November 2001

Cathay Pacific Temporarily Suspends Flights to Istanbul

Cathay Pacific Airways regrets to announce the temporary suspension of its service to Istanbul in Turkey. The suspension of the twice-weekly service will take immediate effect. The decision was taken in light of the difficult economic conditions currently affecting the aviation industry, which have led to a decline in passenger traffic between Hong Kong and Istanbul.

Cathay Pacific sincerely regrets any inconvenience the service suspension will cause to customers. The airline is now contacting all passengers to help transfer them on to other airlines. It is hoped the service can be resumed as soon as circumstances permit.

Cathay Pacific Director Corporate Development Tony Tyler said: "We will be reviewing the market conditions again in early 2002. Like other airlines, Cathay Pacific is not immune to the effects of the global economic slowdown and we will continue to review carefully all aspects of our operations worldwide."

Source: Cathay Pacific Airways Limited
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