For immediate release | 20 August, 2001 |
Cathay Pacific releases July traffic figures |
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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." |
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