Cathay Pacific traffic slides 1.9% in January

Cathay Pacific Group released combined Cathay Pacific and Cathay Dragon traffic figures for Jan 2018 that show a decrease in number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2017. Cathay Pacific and Cathay Dragon carried a total of 2,911,355 passengers last month, marking a decrease of 1.9% compared to Jan 2017. The passenger load factor dropped 2.3 percentage points to 84.2%, while capacity measured in ASKs increased by 2.6%. Cathay Pacific director Commercial and Cargo Ronald Lam said: “Overall performance in January was distorted because of Chinese New Year starting later this year when compared to 2017. Demand for premium class travel continued to be robust during the month”. <br/>