Cathay Pacific Airways Limited (00293) today released combined Cathay Pacific and Cathay Dragon traffic figures for July 2019.
Cathay Pacific and Cathay Dragon carried a total of 3.28 million passengers last month - an increase of 4% compared to July 2018. 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.
The 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.