Cathay Pacific reshuffle

Hong Kong-based Cathay Pacific Airways said on Friday that Rupert Hogg had resigned as the chief executive officer and Paul Loo resigned as the chief customer and commercial officer, with effect from Monday.

Augustus Tang has been appointed as Hogg's replacement, while Ronald Lam replaces Loo.

The reshuffle of the senior executives came after the country's top civil aviation regulator issued a security risk warning to Cathay Pacific and banned its staff involved in radical protests from flying in mainland airspace.

Noting that recent events have called into question Cathay Pacific's commitment to flight safety and security and put the airline's reputation and brand under pressure, Chairman John Slosar said: "We therefore think it is time to put a new management team in place who can reset confidence and lead the airline to new heights. Cathay Pacific is fully committed to Hong Kong under the principle of 'one country, two systems' as enshrined in the Basic Law."

Oswald Chan and Xinhua contributed to this story.