Cathay trims year-end capacity over Hong Kong pressure
Cathay Pacific's traffic figures for October continued their downward trend for the fourth straight month, as the carrier flagged "significant pressure" on its overall passenger yield. As widespread unrest continues to rock the territory, the airline has also trimmed year-end capacity. From August to October, flight capacity has been cut by 2-4%. In November and December, capacity will be reduced even further, by 6-7% compared with original schedules. Passenger load factor last month decreased 4 points year-on-year to 77.6%, but that figure is still marginally better than September's load factor of 73.6%. Cathay and its subsidiary Cathay Dragon carried around 2.7m passengers, a 7.1% decrease year-on-year. It was, however, a better showing than September's figure of 2.4m. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-11-14/oneworld/cathay-trims-year-end-capacity-over-hong-kong-pressure
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Cathay trims year-end capacity over Hong Kong pressure
Cathay Pacific's traffic figures for October continued their downward trend for the fourth straight month, as the carrier flagged "significant pressure" on its overall passenger yield. As widespread unrest continues to rock the territory, the airline has also trimmed year-end capacity. From August to October, flight capacity has been cut by 2-4%. In November and December, capacity will be reduced even further, by 6-7% compared with original schedules. Passenger load factor last month decreased 4 points year-on-year to 77.6%, but that figure is still marginally better than September's load factor of 73.6%. Cathay and its subsidiary Cathay Dragon carried around 2.7m passengers, a 7.1% decrease year-on-year. It was, however, a better showing than September's figure of 2.4m. <br/>