Cathay Pacific Flies Fewer Than 600 Passengers a Day on Average
Apr 16, 2021
Bloomberg
Excerpt
Cathay Pacific Airways Ltd. flew just 18,539 passengers in March -- a daily average of 598 and a slump of 94% from a year earlier -- as it continued to operate a very limited schedule compared with before the pandemic.
Passenger load factor fell 28 percentage points to 21.2% and capacity measured in available seat kilometers tumbled by 90%, the Hong Kong-based carrier said in a statement Friday. It carried 83,329 tons of cargo, down 30% from the previous March, though load factor improved to a record 86.4%, with strong demand from Northeast Asia and the Americas.
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Cathay Pacific Flies Fewer Than 600 Passengers a Day on Average