Saturday, August 17, 2024
Studying Time: 2 minutes
Cathay Pacific has set a brand new post-pandemic milestone, carrying over two million passengers in July 2024 for the primary time for the reason that pandemic. The airline reported transporting 2,008,225 passengers, marking a 15.1% enhance in comparison with July 2023. The income passenger kilometers (RPKs) additionally noticed a 16.1% year-on-year rise. Nonetheless, the passenger load issue barely decreased by 3.8 share factors to 85.5%, at the same time as obtainable seat kilometers (ASKs) elevated by 21.2% year-on-year.
Within the first seven months of 2024, Cathay Pacific’s passenger numbers surged by 32.5% to 12,667,826, with corresponding will increase of 39% in ASKs and 31.6% in RPKs in comparison with the identical interval in 2023.
Cathay Pacific additionally reported strong cargo operations, carrying 126,797 tonnes in July 2024, up 9.6% from July 2023. Though cargo income tonne kilometers (RFTKs) barely dipped by 0.5% year-on-year, the cargo load issue decreased by 1.5 share factors to 58.3%. The airline recorded a ten.3% enhance in whole tonnage for the primary seven months of 2024, with corresponding rises of 9.9% in AFTKs and three.8% in RFTKs.
Chief Buyer and Industrial Officer Lavinia Lau attributed the robust efficiency to the summer time journey peak and a surge in demand for long-haul flights to and from Hong Kong, significantly in in style locations like Japan, Southeast Asia, and Paris, as a result of Olympic Video games.
Trying forward, Cathay Pacific anticipates continued robust journey demand via August and September, boosted by college students returning to the UK. On the cargo entrance, the airline expects wholesome demand ranges heading into the height season from September via the top of the yr.