Cathay Pacific Airways (HKSE:00293) Passenger Load Factor % : 0.00% (As of . 20)

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What is Cathay Pacific Airways Passenger Load Factor %?

Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.

The historical rank and industry rank for Cathay Pacific Airways's Passenger Load Factor % or its related term are showing as below:

HKSE:00293's Passenger Load Factor % is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

Cathay Pacific Airways Passenger Load Factor % Historical Data

The historical data trend for Cathay Pacific Airways's Passenger Load Factor % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cathay Pacific Airways Passenger Load Factor % Chart

Cathay Pacific Airways (HKSE:00293) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

Cathay Pacific Airways (HKSE:00293) Passenger Load Factor % Explanation

Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.

The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.

Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.

Cathay Pacific Airways Passenger Load Factor % Related Terms

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Cathay Pacific Airways (HKSE:00293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (HKSE:00293) » Definitions » Passenger Load Factor %

Comparable Companies

Traded in Other Exchanges

CPCAY:USA CPCAF:USA CTY:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.cathaypacific.com

Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

Executives

Hsbc Holdings Plc	2201 Interest of corporation controlled by you
John Swire & Sons Limited	2201 Interest of corporation controlled by you
Swire Pacific Limited	2101 Beneficial owner
The Financial Secretary Incorporated	2201 Interest of corporation controlled by you
Air China Limited
China National Aviation Holding Corporation Limited
Qatar Airways Group Q.c.s.c.	2101 Beneficial owner

Cathay Pacific Airways (HKSE:00293) Headlines

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