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FILE - In this Jan. 28, 2016, file photo, two model jets of Hong Kong airline Cathay Dragon, formerly known as Dragonair, front, and Cathay Pacific Airways, are displayed at a news conference in Hong Kong. Hong Kong airline Cathay Pacific Airways said Monday, May 22, 2017 it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. (AP Photo/Kin Cheung, File)

FILE - In this Jan. 28, 2016, file photo, two model jets of Hong Kong airline Cathay Dragon, formerly known as Dragonair, front, and Cathay Pacific Airways, are displayed at a news conference in Hong Kong. Hong Kong airline Cathay Pacific Airways said Monday, May 22, 2017 it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. (AP Photo/Kin Cheung, File)

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