Cathay Pacific Releases July Traffic Figures

Cathay Pacific Airways carried substantially fewer passengers and cargo in July compared to a year earlier due to the combined impact of Typhoon Utor and the industrial action by its pilots` union. During the month, the airline carried 851,074 passengers, a decline of 22% compared to the same month last year. The amount of cargo carried was 23% down at 49,735 tonnes.

For the first seven months of the year, total passenger numbers have now declined by 1.5% compared to the same period a year earlier, while freight carried has fallen by 8% reflecting the weak air cargo market. The cargo load factor for the period was 65% compared to 72% a year earlier.

Cathay Pacific`s General Manager Network Revenue Ian Shiu said: “Our traffic figures for July are obviously greatly distorted by the impact on our operations of the pilots` industrial action and Typhoon Utor. Nevertheless, even without those factors, global aviation markets are showing clear signs of weakness.”