國泰(00293.HK):將繼續實施保留現金措施 料今年整體可載客量將遠低於50%
國泰航空(00293.HK)主席賀以禮在業績報告中提到,去年是國泰航空集團逾70年歷史中最具挑戰的十二個月,將繼續實施保留現金的措施,而高級管理層減薪將繼續於今年全年推行,要求所有駐港地勤員工及許多駐外地員工在上半年參與第三輪特別休假計劃,並獲超過80%的員工支持。截至去年底,公司無限制用途流動資金為286億元。
他預期上半年運作的可載客量將遠低於疫情前可載客量四分之一,而假設到夏季各主要市場已廣泛接種有效疫苗,下半年業務將會有所改善。因此,預計整體提供的可載客量將遠低於50%。各主要市場推出疫苗接種計劃與未來會否放寬旅遊限制的關係仍存在很大的不確定性,現時難以預測,將因應時勢發展,靈活應變。
他指,自疫情爆發以來,2020年的客運收益遞減至2019年的2至3%。由於需求處於歷史最低點,將客運航班大幅縮減,僅提供最基本數量的航班,運作的可載客量於2020年大部分時間維持於10%以下。貨運方面,業務由於向來以客機腹艙提供的可載貨量大幅縮減而受到影響,但貨運業務至今表現仍然較為理想。市場上提供的可載貨量與需求失衡,使收益率增加,收益上升。
他又指,將82架原本停泊於香港國際機場的客機(佔旗下航空公司客機機隊的46%)停泊於香港以外,同時與空中巴士公司達成協議,將旗下A350-900型及A350-1000型飛機的付運時間由2020至2021年,延遲至2020至2023年,以及將A321neo型飛機的付運時間由2020至2023年,延遲至2020至2025年。另亦正與波音公司(BA.US)商討延遲付運777-9型飛機。
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