Why did Cathay Pacific's passenger travel in February show a cliff-like decline?

In February, affected by the domestic epidemic, the number of Cathay Pacific Airlines decreased significantly. Novel coronavirus caused most China people to stay at home and could not fly to Hongkong by Cathay Pacific Airlines. Not just Cathay Pacific, I believe that the performance of major flights this month will not be very good. Under the influence of the current worldwide epidemic, the performance of aviation will not be very good this quarter. On the other hand, because some radicals in Hong Kong are not affected by the epidemic, few mainlanders travel to Hong Kong.

We all know that February is the time when the China epidemic broke out. At that time, not only aviation, but also major modes of travel were left out. People staying at home for a long time has dealt a heavy blow to the tourism industry this quarter, but it is actually a very helpless thing. Only staying at home can control the epidemic. Because of the decrease in the number of tourists, the number of Cathay Pacific Airlines has also decreased. Compared with the performance of 1 month, fewer people took the bus in February.

February is the time when the epidemic situation in China is serious. Therefore, few people come to Hong Kong from abroad to travel. On the other hand, because of Hong Kong's politics, in 1 month, few mainland tourists actually visit Hong Kong. Just because of the epidemic, there are fewer tourists left, and many mainland students or people who work there choose to come back early, which is also the reason for the reduction of Cathay Pacific flights.

When the domestic epidemic situation is completely controlled, the number of people on major flights will gradually increase, and there may be explosive growth, because everyone has stayed at home for too long and wants to travel, but this is also a situation that foreign epidemics can be controlled. Now that countries are blocked, foreign flights are still not optimistic, and the performance of flights in the first quarter is obviously poor. Of course, this is not a matter for Cathay Pacific Airlines.