Cathay Pacific’s December load factors slip despite healthy demand
HoCathay Pacific Airways reported a decrease in load factor for both passenger and cargo for December 2018, although the carrier said demand was healthy. Business-class demand remained strong in December, driven by premium leisure travel over the holiday period, the airline said. Economy class yields were improved. The peak cargo season leading up to Christmas was also strong, easing off toward the end of the month. Passenger traffic rose 4.9% year-on-year (YOY) for the month, with capacity up by 5.8% and load factor dropping 0.8 points to 83.8%. Full-year traffic increased 3.1% YOY, and capacity rose 3.5%. Load factor was down by 0.3 points to 84.1% for 2018. Cargo traffic was down by 5.9% YOY in December, with capacity flat. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-01-16/oneworld/cathay-pacific2019s-december-load-factors-slip-despite-healthy-demand
https://portal.staralliance.com/cms/logo.png
Cathay Pacific’s December load factors slip despite healthy demand
HoCathay Pacific Airways reported a decrease in load factor for both passenger and cargo for December 2018, although the carrier said demand was healthy. Business-class demand remained strong in December, driven by premium leisure travel over the holiday period, the airline said. Economy class yields were improved. The peak cargo season leading up to Christmas was also strong, easing off toward the end of the month. Passenger traffic rose 4.9% year-on-year (YOY) for the month, with capacity up by 5.8% and load factor dropping 0.8 points to 83.8%. Full-year traffic increased 3.1% YOY, and capacity rose 3.5%. Load factor was down by 0.3 points to 84.1% for 2018. Cargo traffic was down by 5.9% YOY in December, with capacity flat. <br/>
