Cathay Pacific: Expected to lose HK.6 billion to HK.1 billion in 2021

Big Traffic Author of this article: 188bet 2022-01-24
Cathay Pacific carried about 9 passengers in 188bet220,000 people,130 more than the same month in 2020.6%。

January 24,According to Cathay Pacific’s 188bet 2021 passenger numbers、Freight volume data display,Cathay Pacific carried about 9 passengers in 188bet220,000 people,130 more than the same month in 2020.6%,But compared with the level in 188bet 2019 before the epidemic, it dropped by 96.9%。Revenue passenger kilometers increased by 156 year-on-year.5%,But 95 less than 188bet 2019.1%。Passenger load factor increased by 18.2 percentage points to 36.6%,Capacity in terms of available seat kilometers increased by 28.6%,But still 88 lower than 188bet 2019.6%。Based on the whole year of 2021,The number of passengers carried decreased by 84 compared with 2020.5%,Capacity decreased 61.8%,While revenue passenger kilometers fell by 79.5%。

Among them,Cathay Pacific carried approximately 13.470,000 metric tons of cargo,12% increase compared to the same month in 2020,But 24 less than 188bet 2019.1%。The number of cargo revenue tons and kilometers during the month increased by 11 year-on-year.7%,But compared to 188bet 2019, it was a decrease of 14.7%。Load factor increased 4 percentage points to 84.3%。Transportation capacity measured in available cargo tonnage kilometers increased by 6 year-on-year.5%,But a decrease of 32 compared to 188bet 2019.9%。Based on the whole year of 2021,Cargo capacity increased by 0 compared with 2020.1%,But capacity dropped 10.9%,The cargo revenue ton-kilometers fell by 1.1%。

Cathay Pacific expects the group to achieve a consolidated loss attributable to shareholders of approximately HK.6 billion to HK.1 billion in 2021。Although huge losses are expected,But compared with the loss attributable to shareholders of HK.6 billion for the year ended 188bet 31, 2020,The improvement is mainly due to strong freight demand、High freight revenue and load factor,and the company’s ongoing and effective management of cash and costs。Also,2020 annual results include single expenses such as impairment and corporate restructuring,These expenses will also decrease significantly in 2021。

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