Cathay Pacific and Cathay Dragon carried a total of
3,278,742 passengers in July 2019, an increase of 4% when compared
to the same month last year.
However, passenger load factor decreased by 0.6
percentage points to 86.1%, while capacity, measured in available
seat kilometres (ASKs), rose by 7.2%.
In the first seven months of
2019, the number of passengers carried grew by 4.4% while capacity increased by 6.7%, as compared to the same period for 2018.
Cathay Pacific Chief Customer and Commercial Officer, Ronald Lam
said, “Recent events in Hong Kong over the past two months did not
substantially impact our passenger business in July, however, we
anticipate a much more significant impact to our revenue in August
and onwards. Traffic into Hong Kong, both business and leisure,
has weakened substantially and we’ve also now seen ex-Hong Kong
traffic starting to soften, especially on our short-haul network
including mainland China, Taiwan, South Korea and South East
two airlines carried 169,720 tonnes of cargo and mail last month,
a drop of 8.2% compared to the same month last year.
The cargo and
mail load factor fell by 7.2 percentage points to 63.1%. Capacity,
measured in available freight tonne kilometres (AFTKs) was up by
0.8% while cargo and mail revenue freight tonne kilometres (RFTKs)
dropped by 9.4%.
In the first seven months of 2019, the tonnage
fell by 6.1% against a 1.0% increase in capacity and a 6.6%
decrease in RFTKs, as compared to the same period for 2018.
“Our cargo business continued to face headwinds with
market sentiment softening across the board. Indeed, South Asia
was the only sales region where we still saw tonnage growth
compared to the previous month and year. While the market outlook
remains uncertain, we continue to be vigilant as we work to
mitigate the impact on our business. We are diligently matching
capacity with customer demand while also strengthening our
capability to carry specialised shipments,” said Mr. Lam.
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