Sept 14 (Reuters) - Cathay Pacific Airways Ltd:
* AUGUST CATHAY PACIFIC AND CATHAY DRAGON CARRIED A TOTAL OF 35,773 PASSENGERS, A DECREASE OF 98.8% COMPARED TO AUGUST 2019
* REGIONAL GEOPOLITICAL TENSIONS AND ONGOING CHINA-US TRADE DISPUTE COULD HAVE SIGNIFICANT ADVERSE EFFECT ON AIRFREIGHT DEMAND
* RESTRUCTURING WILL BE "INEVITABLE" TO PROTECT COMPANY
* "WE ARE BURNING CASH AT A RATE OF HK$1.5 BILLION TO HK$2 BILLION PER MONTH"
* ON PASSENGER DEMAND FRONT, STILL HAVEN'T SEEN SIGNS OF IMMEDIATE IMPROVEMENT;
* IN AUGUST CATHAY PACIFIC AND CATHAY DRAGON CARRIED 102,122 TONNES OF CARGO AND MAIL
* WILL CONTINUE TO EXPERIENCE SIGNIFICANT CASH BURN UNTIL MARKET RECOVERS
* REVISED OPERATING PASSENGER FLIGHT CAPACITY DOWN TO ABOUT 10% IN SEPTEMBER AND SIMILAR LEVELS IN OCTOBER
* LOOKING AHEAD, CO CAUTIOUSLY OPTIMISTIC OF "REASONABLY PROMISING" CARGO PEAK SEASON
* COMBINED AUG PASSENGER LOAD FACTOR 19.9%, DOWN 60 PERCENT POINTS
* AUGUST CATHAY PACIFIC AND CATHAY DRAGON CARGO AND MAIL LOAD FACTOR INCREASED BY 14.2 PERCENTAGE POINTS TO 75%
* CATHAY PACIFIC AIRWAYS LTD 122 TONNES OF CARGO AND MAIL LAST MONTH, A DECREASE OF 36.7% Source text for Eikon: Further company coverage: