March 16，188bet Live Casino Group announces the combined passenger and cargo volumes of 188bet Live Casino and Cathay Dragon in February。

Data display，February this year，188bet Live Casino and Cathay Dragon carried a total of 1,008,644 passengers，Passenger load factor dropped by 28.6 percentage points to 53.1%，Capacity in available seat kilometers dropped by 29.3%。The two airlines carried a total of 118,711 metric tons of cargo and mail in February，Decrease by 6 year-on-year.9%，Load factor increased by 5.8 percentage points to 66.6%。

188bet Live Casino Customer and Commercial President Lin Shaobo said: "We are facing unprecedented challenges。The COVID-19 epidemic continues to have a widespread impact on our operations and business，Only in February，Our full-service airline business (188bet Live Casino and Cathay Dragon) recorded huge unaudited losses of over HK billion。”According to Lin Shaobo，188bet Live Casino Group announced in March that it would cut 65% of its passenger capacity，And plans to operate only a very small number of basic passenger flights in April，Capacity reduction will be as high as 90%。In addition，Lin Shaobo’s expectation，If travel restrictions are not relaxed in the short term，The same arrangement will continue until May。

Passenger transport，The number of passengers carried by 188bet Live Casino and Cathay Dragon dropped significantly year-on-year in February。After the peak of the Lunar New Year in previous years，The two airlines carry about 90,000 passengers every day，The number of daily passengers dropped significantly to less than 20,000 at the end of February this year，Passenger load factor dropped to 53.1%。

freight，Affected by the epidemic，Mainland China’s manufacturing industry resumes operations delayed，The demand for air freight exports from the mainland and Hong Kong began to gradually recover in mid-February。In comparison，The demand for freight to the mainland and Hong Kong has increased significantly。Compared to the same period last year，Cargo load factors of 188bet Live Casino and Cathay Dragon increased by 5 in February.8 percentage points，Stable yield。

Lin Shaobo said，The current situation of passenger bookings shows no obvious signs of recovery，Gap in bookings compared to 2019 continues to widen。"We announced last week，Expected to record huge losses in the first half of this year。”

*Source of this article: Beijing News, author: Qu Tingyi, original title:《188bet Live Casino Group: Passenger load factor fell to 53 in February.1%》.