Cathay Pacific Group Reports 7.1% Traffic Decline in September

Cathay Pacific published its passenger traffic data for September 2019. Including its regional arm, Cathay Dragon, the company carried about 2.4 million passengers in the month, 7.1% lower than in the same month of 2018. The two airlines transported approximately 172,000 tons of cargo and mail, down by 4.4%.

“September was another challenging month for our passenger business, with revenue adversely affected by weakened market sentiment, particularly for travel into Hong Kong. Passenger load factor was down 7.2 percentage points and inbound passenger traffic dropped by 38%…”

Ronald Lam, the Cathay Pacific Group’s Chief Customer and Commercial Officer

In August, the combined passenger traffic of Cathay Pacific and Cathay Dragon decreased 11.3% year-on-year.

Source: Cathay Pacific