Cathay Pacific releases July 2024 traffic report

Cathay Pacific launched its July 2024 traffic figures, displaying how the airline achieved a brand new milestone by carrying over two million passengers in a single month for the primary time for the reason that pandemic. 

In July, the airline carried a complete of two,008,225 passengers, marking a rise of 15.1 p.c from July 2023. The month’s income passenger kilometres (RPKs) elevated 16.1 p.c yr on yr. 

According to Cathay Pacific chief buyer and industrial officer Lavinia Lau: “Such robust demand was driven by the increased popularity of long-haul flights to and from Hong Kong in the first half of the month among students and those visiting friends and relatives. This was followed by a surge in demand for travel to popular short-haul destinations in Japan and Southeast Asia in the second half of July.”

Lau added that in addition they famous a robust demand for flights to Paris as a result of Olympic Games, and that Cathay Pacific carried a big variety of athletes and spectators to attend the world’s paramount sporting occasion.

However, passenger load issue decreased by 3.8 share factors to 85.5 p.c, whereas out there seat kilometres (ASKs) elevated by 21.2 p.c yr on yr. 

In the primary seven months of 2024, the variety of passengers carried elevated by 32.5 p.c, totalling 12,667,826, towards a 39 p.c improve in ASKs and a 31.6 p.c improve in RPKs, as in contrast with the identical interval for 2023. 

Cargo in July 2024

Cathay Pacific carried 126,797 tonnes of cargo in July, up by 9.6 p.c in contrast with what was seen throughout the identical interval final yr. 

The month’s cargo income tonne kilometres (RFTKs) decreased 0.5 p.c yr on yr, whereas its cargo load issue decreased by 1.5 share factors to 58.3 p.c.

Available cargo tonne kilometres (AFTKs) rose by 2.1% yr on yr. 

In the primary seven months of 2024, the tonnage elevated by 10.3 p.c to a complete of 846,261 tonnes, towards a 9.9 p.c improve in AFTKs and a 3.8 p.c improve in RFTKs, as in contrast with the identical interval for 2023.