Back    Zoom +    Zoom -
Uptrend in MO-HK Airport Direct Land Transport; Annual Pax Vol. Expected to Hit ~200K
Recommend
7
Positive
14
Negative
4
A company operating cross-border land transport between Hong Kong and Macau stated that its passenger growth trend this year is better than last year, Radio Macau reported. Of which, the "Hong Kong-Macao Express" saw a YoY increase of about 30% in passenger volume, with a seat occupancy rate of 70-80% during holidays and about 40% on regular days, basically meeting the current passenger demand.

The company revealed that the "Macau HK Airport Direct" was on an upward trend in passenger volume each month, with an average seat occupancy rate of 50-60% so far. The annual passenger volume is expected to be around 200,000, 45% being international travelers, mainly from Southeast Asia.
AAStocks Financial News