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Healthcare

BRIEF-Cathay Pacific CFO Says Forecast For Cash Burn To Fall Below HK$1 Billion A Month In H2 Depends On Passenger, Crew Quarantine Changes

Aug 11 (Reuters) - Cathay Pacific Airways Ltd:

* CATHAY PACIFIC CFO SAYS 99% OF PILOTS, 91% OF CABIN CREW HAVE BOOKED OR RECEIVED COVID-19 VACCINATIONS

* CATHAY PACIFIC CFO SAYS FORECAST FOR CASH BURN TO FALL BELOW HK$1 BILLION A MONTH IN H2 DEPENDS ON PASSENGER, CREW QUARANTINE CHANGES

* CATHAY PACIFIC CFO SAYS FORECAST OF REACHING 30% OF PRE-COVID CAPACITY IN Q4 DEPENDENT ON SOME QUARANTINE RESTRICTIONS BEING LIFTED

* CATHAY PACIFIC EXEC SAYS EXPECTS CARGO DEMAND AND YIELD TO BE HIGHER IN H2 THAN H1

* CATHAY PACIFIC CFO SAYS DOES NOT EXPECT ANY SIGNIFICANT AIRCRAFT IMPAIRMENTS IN H2

* CATHAY PACIFIC EXEC SAYS RISK OF LOSING SOME PRIZED AIRPORT SLOTS IN UNITED STATES, EUROPE IF HONG KONG LAGS BEHIND IN RECOVERY

* CATHAY PACIFIC CFO SAYS CAPITAL SPENDING IN H2 TO BE AT SIMILAR LEVEL TO H1 Further company coverage: (Reporting by Jamie Freed)

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