[媒體名稱]CTN News [新聞日期]2020/3/3
[網址]
https://www.chiangraitimes.com/economy-business/cathay-pacific/
[內文]
國泰航空停飛約半數機隊,3月航班剩25%
Cathay Pacific Parks Half its Fleet Due to Coronavirus
Hong Kong’s Cathay Pacific said it has about half of its fleet parked on the
ground due to low demand since the coronavirus outbreak. Cathay Pacific has
scrapped more than three-quarters of its weekly flights in March.
Sources familiar with the situation said the number of planes left on the
ground was also likely to rise. Above all as Cathay Pacific warned of further
cuts in flight schedules.
“We are continuously assessing our fleet and aircraft deployment in order to
best align capacity with market demand,” a spokeswoman for Cathay Pacific
said. The spokesperson also declined to address the number of parked planes.
Last week, Cathay said 75% of staff, or 25,000 employees of the group, would
take unpaid leave.
The airline’s flying schedules for March show a decline of around 75%,
according to a study by the South China Morning Post.
Originally, around 1,470 flights per week were scheduled in March for Cathay
Pacific and Cathay Dragon. That number has now been cut by more than 1,120.
During the Sars crisis of 2003, Cathay reduced its passenger schedule by 45%.
Parking 22 aircraft out of a fleet of 80.
Cathay Pacific crisis replicated globally
The crisis at Cathay Pacific is also being replicated globally due to the
coronavirus outbreak. Major airlines have implemented emergency cost saving
to cutting flights across the board.
Fear of travelling coincides with the coronavirus epidemic spreading outside
Asia to Europe. The fast-spreading Covid-19 cases outside China are notably
in Italy, Iran and South Korea.
Airline stocks plunged in the past week, the worst week for financial markets
since the 2008. Wiping billions off the value of airline companies.
American Airlines, the world’s biggest carrier, saw its stock fall 21.6%
over five days. IAG, the parent company of British Airways, tumbled 17%.
“We are continuously assessing our fleet and aircraft deployment in order to
best align capacity with market demand,” a spokeswoman for Cathay Pacific
said. The spokesperson also declined to address the number of parked planes.
Last week, Cathay said 75% of staff, or 25,000 employees of the group, would
take unpaid leave.
The airline’s flying schedules for March show a decline of around 75%,
according to a study by the South China Morning Post.
Originally, around 1,470 flights per week were scheduled in March for Cathay
Pacific and Cathay Dragon. That number has now been cut by more than 1,120.
During the Sars crisis of 2003, Cathay reduced its passenger schedule by 45%.
Parking 22 aircraft out of a fleet of 80.
Cathay Pacific crisis replicated globally
The crisis at Cathay Pacific is also being replicated globally due to the
coronavirus outbreak. Major airlines have implemented emergency cost saving
to cutting flights across the board.
Fear of travelling coincides with the coronavirus epidemic spreading outside
Asia to Europe. The fast-spreading Covid-19 cases outside China are notably
in Italy, Iran and South Korea.
Airline stocks plunged in the past week, the worst week for financial markets
since the 2008. Wiping billions off the value of airline companies.
American Airlines, the world’s biggest carrier, saw its stock fall 21.6%
over five days. IAG, the parent company of British Airways, tumbled 17%.
“An outbreak is the kind of macro impact that is really hard for an airline
to plan around,” said Bocom International analyst Luya You, who cited Cathay
’s efforts during the city’s civil unrest to prop up its revenue with
transit passengers who could bypass Hong Kong.
“During an outbreak, all of it collapses because people no matter the price
point they are no longer willing to fly.”
You said there was not much airlines such as Cathay Pacific could do to
balance the situation, apart from shedding costs to limit losses.
Airlines worldwide cutting expenses
Measures adopted by other airlines also include storing, selling planes or
delaying deliveries of new jets. Furthermore putting staff on unpaid leave or
cutting jobs. They are also seeking cuts in discretionary spending and
non-critical projects. This is also putting the squeeze on suppliers of the
airlines.
Singapore Airlines CEO Goh Choon Phong has gone further, taking a 15% pay cut
from March 1.
On Friday, United Airlines widened the axing of Asia flights to South Korea,
Japan and Singapore. Saying demand for transpacific flights fell by 75%.
Lufthansa Group, which has grounded 23 long-haul aircraft, said it would cut
short and medium-haul flights by a quarter. Above all as Covid-19 cases rose
in Europe, prompting demand to fall.
The airlines’ trade group IATA predicted on Feb 21 that airlines globally
would lose US$29.3 billion.
“The virus is having a more global impact. The cancellation of numerous
conferences and events along with the halting of non essential corporate
travel have exacerbated this demand decrease,” said aviation expert David
Yu, a finance professor at New York University Shanghai.
“These trends will be especially difficult for airlines as the elongation of
the virus will affect the coming high summer season for travel.”
[心得]
Summary
1.已停飛約50%飛機,照現在情勢看來,停放在地面上的飛機還會繼續增加
Note 1: 根據planespotters 資料
國泰現有152架飛機
港龍現有 48架飛機
快運現有 24架飛機
Air HK有 12架飛機
根據南華早報報導,國泰集團現至少有120架飛機 on ground at any time.
https://www.scmp.com/news/hong-kong/transport/article/
3053060/cathay-pacific-parks-half-its-fleet-and-slashes-nearly
2.上周國泰聲稱,約75% 人員= 25,000 would take unpaid leave.
3.國泰+港龍三月份班表航班少了約75%, 剩約25%
國泰+港龍 應該每周約有1470 flight/per week, 現以已砍超過1120班.
4. SARS 期間. 國泰當時
減少客運航班約45%
停飛22架飛機 (當時共80架飛機)
#對全球航空業及 tourism industry 毀滅性打擊無誤
#長榮在SARS就裁了633名員工, 5F覺得長榮/華航這次會裁多少人?
(https://news.tvbs.com.tw/life/502425)