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            september 22, 2019

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China Eastern Airlines cargo volume down 19pc


China Eastern Airlines has posted a 19 per cent year-on-year decline to 97,200 tonnes in January and a 27.5 per cent month-to-month decline, Xinhua reports.
In contrast to its freight volume, the carriers' passenger volume increased 7.4 per cent year on year in January, and 11.26 per cent month to month to 5.8 million people.
Cargo volume on the domestic flights fell 25.8 per cent to 49,000 tonnes. International cargo decreased 4.8 per cent to 42,800 tonnes. Hong Kong, Macau, Taiwan cargo plunged 40.2 per cent to only 5,600 tonnes.
Domestic passenger volume fell 6.3 per cent to 4.9 million persons. International passengers increased 16 per cent to 710,900 people. Hong Kong, Macau, Taiwan passengers increased 6.6 per cent to 249,800 people. Average passenger load factor was 1.25 percentage points more than a year ago, at 78.4 per cent.
Analyst said the growth in passenger volume is stimulated by the Chinese New Year holiday in January, which usually comes in February. This will lead to dissatisfactory operating results in February this year when compared to the same month last year.

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