HONG KONG. Cathay Pacific and Dragonair carried a combined 2,096,011 passengers in March, down by -3.2% on the same month last year, the group revealed this week.
The passenger load factor fell by three percentage points to 79.1%. Capacity for the month, measured in available seat kilometres (ASKs), dropped by -0.8%. For the year to date the number of passengers was down -2.7%, while capacity rose by +0.1%.
Cathay Pacific General Manager Revenue Management Tom Owen said: “The slump in our passenger business continued in March, with overall passenger numbers and load factor both showing a fall from last year’s high base, which included the Easter holiday period.
“Leisure traffic held up relatively well in terms of volumes, particularly on long-haul routes, although customers are only willing to travel at the much lower fares available in a highly competitive marketplace. This, combined with the ongoing malaise of premium-cabin demand and adverse currency movements, continues to exert considerable downward pressure on yields.”
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Traffic has slipped sharply on some key routes, but risen on others, in the Cathay Pacific/Dragonair network | |
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