According to the April 2019 operational report published by Swire Pacific, the parent company of Cathay Pacific and Cathay Dragon, the monthly passenger capacity of the two airlines grew nearly 5% on a year-over-year basis. For the first four months of the year, passenger traffic rose 4% for the Hong Kong-based carrier.
More than 3.1 million passengers traveled on the airlines in April. Although capacity rose 8.1% in terms of available seat kilometers (ASKs), the company’s average passenger loads dropped slightly, falling 0.6% to 83.9%.
According to Ronald Lam, Cathay Pacific’s director for commercial and cargo, the airline anticipates that the turbulent relationship between China and the United States could threaten its passenger and cargo businesses.
Source: Swire Pacific