Cathay passenger traffic just 1% usual after ‘drastic’ drop

Cathay Pacific expects passenger numbers to stay below 1,000 a day this month compared with the usual 100,000 as it operates at just 3% of normal capacity. The airline said it is impossible to predict when demand will improve as the economic impact of the coronavirus pandemic is intensifying. One day this week, Cathay and Cathay Dragon carried only 302 passengers. The company’s dire outlook came as it released figures for March that showed “drastic decreases” in passengers. The airline and Cathay Dragon carried a total of 311,128 passengers last month, down 90% from March 2019. Revenue passenger kilometers tumbled 84.3% and passenger load factor dropped to 49.3%. For the quarter, passengers were down 52% from a year earlier. <br/>