i think another main reason is UO heavily capacity dumping to every regional destination that was ever possible near HK. the agressive expansion in just these 6 months alone is already insanity, its at least double the pre-covid size. combined with the japan fear im not suprised by this load factor.... suprised it wasnt lower.

UO has caused many foriegn airlines to leave these markets or heavily reduce capacity, because of poor passenger amounts. in the end no one wins....

but it does connect HK with a lot of new nonstop destinations.