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. Last Updated: 07/27/2016

Cathay Flights Canceled

HONG KONG -- Cathay Pacific Airways canceled more than half its flights Tuesday as more pilots called in sick ahead of Friday's deadline for them to accept a pay cut or lose their jobs.

Cathay bosses planned to meet again with the pilots union on Wednesday afternoon, but neither side would offer any hints about whether a solution was near.

Cathay is demanding that air crew give pay concessions averaging 7 percent over two years in exchange for stock options.