国泰(00293.HK):将继续实施保留现金措施 料今年整体可载客量将远低於50%
国泰航空(00293.HK)主席贺以礼在业绩报告中提到,去年是国泰航空集团逾70年历史中最具挑战的十二个月,将继续实施保留现金的措施,而高级管理层减薪将继续於今年全年推行,要求所有驻港地勤员工及许多驻外地员工在上半年参与第三轮特别休假计划,并获超过80%的员工支持。截至去年底,公司无限制用途流动资金为286亿元。
他预期上半年运作的可载客量将远低於疫情前可载客量四分之一,而假设到夏季各主要市场已广泛接种有效疫苗,下半年业务将会有所改善。因此,预计整体提供的可载客量将远低於50%。各主要市场推出疫苗接种计划与未来会否放宽旅游限制的关系仍存在很大的不确定性,现时难以预测,将因应时势发展,灵活应变。
他指,自疫情爆发以来,2020年的客运收益递减至2019年的2至3%。由於需求处於历史最低点,将客运航班大幅缩减,仅提供最基本数量的航班,运作的可载客量於2020年大部分时间维持於10%以下。货运方面,业务由於向来以客机腹舱提供的可载货量大幅缩减而受到影响,但货运业务至今表现仍然较为理想。市场上提供的可载货量与需求失衡,使收益率增加,收益上升。
他又指,将82架原本停泊於香港国际机场的客机(占旗下航空公司客机机队的46%)停泊於香港以外,同时与空中巴士公司达成协议,将旗下A350-900型及A350-1000型飞机的付运时间由2020至2021年,延迟至2020至2023年,以及将A321neo型飞机的付运时间由2020至2023年,延迟至2020至2025年。另亦正与波音公司(BA.US)商讨延迟付运777-9型飞机。
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