Traffic growth for Cathay Pacific in June as added capacity boosts figures

posted on 19th July 2019 by Justin Burns
Traffic growth for Cathay Pacific in June as added capacity boosts figures

Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for June 2019 that show a six per cent increase in the number of passengers carried on the same month in 2018.

Cathay Pacific and Cathay Dragon flew 3,100,132 passengers last month – an increase of six per cent compared to June 2018. The passenger load factor increased 1.4 percentage points to 86.7 per cent, while capacity, measured in available seat kilometres (ASKs), increased by 7.3 per cent.

In the first six months of 2019, the number of passengers carried grew by 4.4 per cent while capacity increased by 6.7 per cent.

Cathay Pacific director commercial and cargo, Ronald Lam said: “Passenger demand remained robust for both business and leisure travel in June, with first and business class load factor reaching its highest level over a decade.

“However, intense market competition continued to exert pressure on yield. Long-haul regions such as North America and Europe performed behind expectations, particularly on the yield front. Such pressure on yield is expected to continue in the coming months.”