Some of Cathay's top pilots are among the highest paid in the world, with a senior captain on expatriate terms getting more than US$450,000 a year.
But the pilots' union says only a small number of pilots get such sky-high salaries and most are well below that.
Hong Kong air cargo terminals said on Monday the delays and cancellations at Cathay had had little impact on operations.
Cathay shares ended the Monday morning session 2.86 percent down at HK$10.20. They are down 29 percent this year, compared to a fall of 16.46 percent for the blue chip Hang Seng Index.
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