Cathay Pacific Airways Ltd. said it plans to cut more flights to North America and redeploy aircraft on shorter routes to Australia and Europe as it copes with record fuel prices.

The Hong Kong-based carrier said it will suspend one of three daily flights to Los Angeles beginning Oct. 26, when it plans to add weekly flights to Australia. It also will stop three weekly flights to Vancouver, in addition to earlier-announced plans to reduce seven weekly flights to Canada.

Cathay Pacific has said high fuel prices are hurting its long-haul routes most, particularly to North America, prompting the airline to make adjustments to avoid flying planes at a loss.

The airline said it will redeploy the aircraft scheduled for North American flights to Australia, where it plans to add eight weekly flights beginning Oct. 26.

"We have to maximize our earnings during this difficult period, which is why [we] are moving our capacity," Cathay Pacific Chief Executive Tony Tyler said in a statement. "However, while we are reducing services on some routes, we will continue to maintain the integrity of our network, reshaping it where necessary to ensure we fly aircraft to where we can cover our costs and also make some money."