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MARCH 2022

Week 11


Cathay Pacific Airways: no significant signs of passenger recovery in March

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March 15th 2022

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Cathay Pacific Airways chief customer and commercial officer, Ronald Lam, said the operating environment for the airline remained very challenging in February as travel and operational restrictions constrained its ability to increase passenger capacity. Read More » The Hong Kong-based carrier flew 31,253 passengers for the month, up 26.5% month-on-month from 24,699 passengers transported in January and a 47.9% improvement from the 30,410 passengers carried in February. Capacity was below 2% of pre-COVID-19 levels for February, a reduction of about 28% compared with January 2022. Lam added there were few prospects for recovery in March. "We originally expected the majority of passenger traffic would continue to come from our Chinese Mainland routes," Lam said. "However, stricter capacity restrictions have since been put in place by the Chinese Mainland authorities as part of their pandemic control measures. These, together with the current restrictions in Hong Kong, mean we do not foresee significant signs of recovery in passenger travel demand in March."

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