Edition:
India

Cathay Pacific Airways Posts July Traffic Figures


Wednesday, 21 Aug 2019 

Aug 21 (Reuters) - Cathay Pacific Airways Ltd <0293.HK>::JULY CATHAY PACIFIC AND CATHAY DRAGON CARRIED 169,720 TONNES OF CARGO AND MAIL, A DROP OF 8.2%.CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 3.3 MILLION PASSENGERS IN JULY, UP 4%.JULY CATHAY PACIFIC AND CATHAY DRAGON CARGO AND MAIL LOAD FACTOR FELL BY 7.2 PERCENTAGE POINTS TO 63.1%.CATHAY PACIFIC & CATHAY DRAGON COMBINED CAPACITY JULY PASSENGER LOAD FACTOR 86.1%.RECENT EVENTS IN HONG KONG OVER PAST TWO MONTHS DID NOT SUBSTANTIALLY IMPACT PASSENGER BUSINESS IN JULY.ANTICIPATE A MUCH MORE SIGNIFICANT IMPACT TO OUR REVENUE IN AUGUST AND ONWARDS DUE TO RECENT EVENTS IN HONG KONG."TRAFFIC INTO HONG KONG, BOTH BUSINESS AND LEISURE, HAS WEAKENED SUBSTANTIALLY".SEEN EX-HONG KONG TRAFFIC STARTING TO SOFTEN, ESPECIALLY ON OUR SHORT-HAUL NETWORK".