Andrew Herdman, the head of the Association of Asia-Pacific Airlines, talks about regional carriers.
Cathay Pacific Airways Ltd. (293) will cut passenger capacity 1.6 percent next year, the first reduction since 2009, as it contends with slowing international travel demand and introduces smaller planes. Herdman speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)
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