With a 94% drop in passenger demand compared to the previous year Cathay Pacific carried less than 600 passengers per day in March.
While the airline carried 83,329 tons of cargo, only 18,539 passengers flew in March which is a daily average of 598.
“We only managed to maintain a skeleton schedule in March, operating passenger services to just 18 destinations,” - Ronald Lam Chief Customer and Commercial Officer.
With new crew quarantine measures, the airline was forced to reduce cargo flights, mainly long-haul flights to Europe, the south-west Pacific, and the Americas.
Due to these measures the airline lost 25% cargo capacity in the previous month while freight cost also increased by 20%.
Following the impact of COVID19 on global travel, Cathay Pacific parked 40% of its aircraft from a fleet of 226 last September. The airline experienced a massive downturn in passenger demand.