
Cathay Pacific had only 717.059 passengers
The largest airline in the Chinese special administrative region of Hong Kong, Cathay Pacific, was also hit hard by the corona pandemic and the strict entry and quarantine rules last year. The carrier only had 717.059 passengers. This was significantly weaker than in 2020. In the first year of corona, it had 4,6 million travelers on board. For comparison: In 2019, there were still 35,2 million passengers. Cathay Pacific was thus hit to an incomparable extent by the pandemic and Hong Kong's entry and quarantine regulations. In the freight sector, the company was able to maintain the level of 2020 and had around 1,3 million tons on board. However, this was also well below the volume of 2019, when it had around two million tons of cargo. This meant that Cathay Pacific was not really able to benefit from the partially increased demand. The group currently expects the loss last year to have been between 5,6 and 6,1 billion Hong Kong dollars. The balance sheet is currently undergoing the usual audit and has therefore not yet been certified. The deficit was reduced compared to 2020, when the company closed with a loss of 21,6 billion Hong Kong dollars.