Cathay Pacific and Cathay Dragon carried
a combined total of 3,127,186 passengers in April 2019, an increase of 4.9% compared
to the same month last year.
The passenger load factor decreased 0.6
percentage points to 83.9%, while capacity, measured in available
seat kilometres (ASKs), increased by 8.1%.
In the first four months of 2019, the
number of passengers carried grew by 4.0%, while capacity
increased by 6.5%.
The two airlines carried 163,694 tonnes of cargo
and mail during the month, a drop of 6.2% compared to the same month
The cargo and mail load factor fell by 5.5 percentage
points to 62.5%. Capacity, measured in available freight tonne
kilometres (AFTKs), was up by 0.9% while cargo and mail revenue
freight tonne kilometres (RFTKs) dropped by 7.3%.
In the first
four months of 2019, the tonnage fell by 5.3% against a 0.1%
increase in capacity and a 5.9% decrease in RFTKs.
“We saw year-on-year revenue growth for
April in our passenger business only due to shift in Easter
holiday. While there was a healthy increase in the number of
passengers carried, our load factor remained largely flat because
of the significant increase in capacity. The long Easter holiday
weekend helped stimulate demand and improve yield on short-haul
routes. However overall yield for April still saw a year-on-year
decline and such yield pressure is expected to continue in the
coming months,” said Cathay Pacific Director Commercial and Cargo
Ronald Lam. “The decline in air freight demand along major
trade lanes continued to adversely affect our cargo business in
April. It has led to decline in both volume and yield. Both are
expected to remain difficult for the foreseeable future.
Meanwhile, we continue to closely monitor the development of
US-China trade relationship and its impact on the world trade
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