Cathay flew 98.7pc fewer passengers and 39.8pc less cargo in July
HONG Kong's Cathay Pacific and Cathay Dragon carried a total of 42,984 passengers in July, a year-on-year decrease of 98
17 August 2020 - 19:00
July's revenue freight tonne kilometres fell 33.3 per cent year on year. The cargo and mail load factor increased 12.7 percentage points to 75.8 per cent, while capacity, measured in available freight tonne kilometres fell 44.5 per cent.
'We increased our passenger flights by seven per cent of the normal capacity, up from four per cent in June, and gradually resumed some services to Chengdu, Xiamen, Frankfurt and Toronto,' said Cathay chief commercial officer Ronald Lam.
'Cargo continues to be the better performer of the business. Tonnage improved month to month 10 per cent, though this was still significantly down from last year's levels due to the significant reduction in cargo capacity provided by belly space on our passenger flights,' said Mr Lam.
'Load factor remained high at 75.8 per cent. Certain markets performed particularly well, notably the Indian subcontinent, which recorded a noticeable uptick as local lockdown measures were eased. We also saw reasonably strong month-end rushes for air freight demand in Hong Kongand the Chinese mainland,' he said.
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