Cathay Pacific to slowly add capacity in June and July
Hong Kong based Cathay Pacific has announced that it will slowly ramp up its operations during months of June and July.
During month of June Cathay Pacific and Cathay Dragon will operate only 3.5% capacity, a 0.5% percent increase from capacity operated in May.
Cathay Pacific has also released traffic figures for the month of May, which show a significant decrease in passengers carried when compared to the same period in 2019. During May Cathay Pacific and Cathay Dragon carried close to 18,500 passengers, 99.4% less than in May 2019. Also, RPKs for the same period fell 99.1%, ASKs by 97.5% and load factor decreased to 29.6%.
Cathay Group customer and commercial chief Ronald Lam told that the demand for air travel is still weak as the group’s airlines carried only 1% of the number of passengers when compared to May 2019, averaging to only 600 people a day.
In recent days, Hong Kong government agreed to support the struggling carrier and provide a US$3.5 billion bailout package.
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