Travel Industry News at TravelNewsAsia.com since 1997
Tue, 19 October 2021

Cathay Pacific's Passenger Numbers Increased 180% in September; Cargo Up 19.7%

Cathay Pacific carried 131,774 passengers in September 2021, an increase of 180% compared to the same month last year, but a 94.6% decrease when compared to the pre-pandemic level in September 2019.

The months revenue passenger kilometres (RPKs) rose 158.7% year-on-year, down 92.1% on September 2019.

Passenger load factor increased by 20.9 percentage points to 45.8%, while capacity, measured in available seat kilometres (ASKs), increased by 40.4%, but remained 87.4% down on September 2019 levels.

In the first nine months of 2021, the number of passengers carried dropped by 89.4% against a 71.7% decrease in capacity and an 85.9% decrease in RPKs, as compared to the same period for 2020.

Cathay Pacific Airbus A350 at HKIA. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

Ronald Lam, Chief Customer and Commercial Officer, said, Following on from August, our passenger business continued to see some improvement in September. Average daily passenger numbers were at similar levels to the previous month, while on 17 September we carried a total of 6,562 passengers, the highest total for a single day since late March 2020. Nevertheless, we still operated only approximately 13% of our pre-pandemic passenger capacity when compared to September 2019.

Student traffic from the Chinese Mainland continued to contribute strongly to the performance of our passenger business. As was anticipated, demand for student travel to the US was strong at the beginning of the month, but tapered down before being overtaken by growing student traffic from Hong Kong and the Chinese Mainland to the UK. Besides, passengers travelling within Asia via Hong Kong was also a key driver for demand. In contrast, passenger demand for flights into Hong Kong remained very weak due to the strict quarantine requirements.

The airline carried 130,997 tonnes of cargo and mail last month, an increase of 19.7% compared to September 2020, but a 24.1% decrease when compared with the same month in 2019.

The months revenue freight tonne kilometres (RFTKs) rose 22.3% year-on-year, but were down 14.3% compared to September 2019.

Cargo and mail load factor increased by 3.8 percentage points to 79.7%, while capacity, measured in available freight tonne kilometres (AFTKs), was up by 16.4% year-on-year, but was down 29.6% versus September 2019.

In the first nine months of 2021, the tonnage decreased by 5.5% against a 17.8% drop in capacity and a 7.3% decrease in RFTKs, as compared to the same period for 2020.

Cargo demand continued to grow as we stepped into the traditional cargo peak season. To meet this demand, we operated our freighter fleet at peak capacity throughout September, further supplemented with additional cargo-only passenger flight operations, which surged 20% compared to August. Overall, we managed to operate approximately 70% of our pre-pandemic cargo capacity when compared to September 2019, said Mr. Lam. Overall tonnage grew month-on-month by more than 5% to 130,997 tonnes the most cargo weve carried in a single month since the start of the COVID19 pandemic. Strong performances were recorded across our network, with our home market Hong Kong and a number of Southeast Asian countries achieving record revenues in September. Our time-sensitive Priority LIFT product, as well as our charter and preighter solutions, have also seen keen interest from customers.

Looking Ahead

On the passenger side, student traffic to London continued into early in the month. Meanwhile, we are continuing to monitor and assess the potential opportunities for demand from the relaxation of quarantine requirements for travellers flying to various markets, most notably the US, Mr. Lam said. Regarding cargo, demand continues to be robust driven by the movement of new consumer products and the urgent need for inventory replenishment due to supply chains remaining constrained. To meet these challenges, our worldwide teams have been working diligently to provide more capacity and expand our network for our customers whilst continuing to meet the ongoing operational challenges posed by the COVID19 pandemic.

See latest Travel Industry News, Video Interviews, Pictures, Podcasts and other news regarding: Cathay Pacific, FTKs, ASKs, RPKs, HKIA, Hong Kong.

Headlines: Banyan Tree to Launch 5 New Brands; Double Footprint by 2025  Global Recovery in Air Travel Continued in October  Bangkok Riverside Fest to Take Place 25-27 February  Malaysia Airlines to Trial Flymingo Connect IFE System  IHG Appoints Adeline Phua as Director of Development SEA and Korea  Jonathan Crook to Move from New York to Istanbul as MD of The Peninsula Hotel  Hong Kong Tightens Inbound Control Measures; Adds Countries to Group A  IAG Signs NDC Agreement with Travelport  Accor Signs Two Hotels in Conakry, Guinea  Emirates to Resume Flights to Abuja and Lagos, Nigeria  Cathay Pacific to Add HBO Max Originals to IFE in January 2022  Global Demand for Air Cargo Continues to Grow; Up 10.4% in October  Archipelago Signs Distribution Agreement with Sabre  Bangkok Airways Resumes Flights to Phnom Penh, Cambodia  Amanda Hyndman Returns to Hong Kong as GM and AVP of Operations  ITA Airways Orders 28 Airbus Aircraft  United Airlines Makes History with Special SAF Flight  Millennium to Transition Hotels to IDeaS G3 RMS  PW812D Certification Moves Falcon 6X a Step Closer to Entry into Service  American Airlines Signs New SAF Offtake Agreement with Aemetis  Cebu Pacific Takes Delivery of 459-Seat Airbus A330neo  Hilton Signs Waldorf Astoria in Osaka; Conrad Hotel in Chongqing  Paul King Returns to Maldives as Executive Chef of Dusit Thani Resort  Blanket Travel Bans Will Not Prevent International Spread of COVID19  Embraer Signs MOU with Pratt & Whitney to Test 100% SAF in E195-E2s  Qatar Airways to Launch Flights to Tashkent, Uzbekistan  Cathay Pacific Cargo Launches Click & Ship Digital Booking Platform  Ligula Hospitality Selects Atomize as RMS Provider  Relief Packages at HKIA Extended Until End-January 2022  Malaysia Airlines Launches VTL Flights Between KL and Singapore  China Airlines Takes Delivery of First A321neo Aircraft  Vietnam Airlines Launches First Scheduled Flights to USA  Year13 to Help Accor Recruit 1,200 People in Australia  Accelya Appoints Jim Davidson as President and Chief Strategy Officer  ECLIF3 Study Resumes with 100% SAF Powering Both Engines of A350  Waiting for May Restaurant to Open in Chiang Mai on 5 December  AirAsia Launches VTL Flights Between KL and Singapore  Alannia Resorts Upgrades PMS  Finnair Launches New Tool to Verify COVID19 Vaccine Certificates  Qatar Hosts Inaugural FIFA Arab Cup  Ritz-Carlton Opens Hotel in Harbin, China  Garuda Indonesia Signs MOU with Singapore Airlines  Qantas to Expand FFP with Green Membership Tier  Vietjet Signs Agreements with SR Technics and Swiss Aviation Software  Starlux Airlines to Launch Flights Between Taipei and Fukuoka, Japan  ADE Completes First Installation of Inmarsat's GX Aviation on an AirAsia A320  Singapore Airlines Opens Ticket Sales on More Vaccinated Travel Lanes  JW Marriott Orlando Bonnet Creek Resort & Spa Opens Four Family Suites  B.1.1.529 Concerns Lead UK to Ban Passenger Planes from Six Countries in Africa  Accor Wins Naming Rights for Stadium Australia in Sydney  Hong Kong Int. Airport's Flight Token Wins Best Innovation Award  ADNEC Continues Diversification with Acquisition of Etihad Holidays  Air Astana to Resume Flights Between Almaty and New Delhi, India  Minor Hotels Expands Anantara Brand to Budapest, Hungary  Emirates Signs Codeshare Agreement with airBaltic  Qantas Unveils Plans for Queensland Network  Malaysia Airlines Signs MOU with UCSI Group  Smiths Detection and Microsoft Working to Combat Wildlife Trafficking  Marriott Opens 7th Hotel in Melbourne, Australia  Embraer Showcasing E195-E2 TechLion at Selangor Aviation Show  Singha Estate Breaks Ground on New Resort in Maldives  Singapore Airlines Launches Flight Pass  Bangkok Airways to Resume Flights from Samui and Phuket to U-Tapao  China Airlines Testing New Wireless IFE System on Boeing 737-800s  CBRE Appoints Chris Ely as Head of Hotel Asset Management, Asia  Asia Pacific Airlines Report October 2021 Traffic Figures  Alessio Minetto Joins The Woodward, Geneva as GM  Singapore Airlines and Scoot to Resume Flights to India  Dusit to Manage Ananda's New Residential Project in Bangkok  Martin Fabiano Returns to Jakarta as GM of the Sari Pacific Hotel  Chidchanok Pasinpong Appointed GM of the Avani Sukhumvit Bangkok Hotel  IATA Publishes Blueprint for Simplifying Travel  Korea Tourism Organization Uses Extended Reality for Extensive New Campaign  Amadeus Research Looks at Importance of Transparent Pricing for Airlines  Embraer Signs MOU with Royal Netherlands Aerospace Center  Sandra Watermann Appointed Cluster GM of Two Hotels in Phuket, Thailand  CMA CGM Signs Binding MOU with Airbus for Four A350F Aircraft  Hi Fly Airbus A340-313HGW Makes History with Antarctica Flight  Malaysia and Singapore Airlines to Expand Codeshare Agreement  Sabre Moves from Pilot to General Launch of NDC Content in GetThere  Qantas Accelerates Return of Airbus A380 to Service  Marriott Signs Second W Hotel in Dubai  Indonesia Orders Two Airbus A400M Aircraft; Signs LOI for 4 More  Air Tanzania Orders 4 Boeing Aircraft at Dubai Airshow  Darren Darwin Appointed GM of Avani+ Khao Lak Resort in Thailand  Executive Appointments at CWT  Cathay Pacific Reports Increase in Cargo and Passenger Numbers  Four Seasons Jackson Hole Appoints Sean Casserly as Resort Manager  Emirates A380 to Operate One of Three Daily Return Flights to Bangkok, Thailand  Accor Partners Qantas for Double Loyalty Rewards  TUI Signs Distribution Agreement with Sabre Hospitality Solutions  Naowarat Arunkong Returns to Hua Hin as Cluster GM of Two Resorts  SITA Upgrading Passenger Experience at Frankfurt Airport with 87 TS6 Kiosks  Boeing 777-9 Visits Qatar Airways in Doha  Airbus Partners Thales and Diehl for eVTOL Development  BA and AA Offer Free COVID19 Test Kits to Business Class Travellers  flypop Partners Hi Fly to Launch Zero LOPA Cargo Operations  Eve Partners Senna for eVTOL Inspiration  Singapore Airlines Unveils New Economy and Business Class Cabins  Cathay Pacific / HSBC Hong Kong Sevens 2022 Moved from April to November  New Indian Airline Orders 72 Boeing 737 MAX Aircraft  ATPCO to Update Industry Collaboration Framework with Two New Councils  New Japanese Airline Signs LOI with ATR  BEIA Appoints Steve Armitage as Independent Chair  Emirates Orders Two Boeing 777 Freighters at Dubai Airshow 2021  Alpha Star Aviation Becomes Launch Customer of ACJ's New IFE Technology  IATA Warns of Skilled Labor Shortage for Ground Handling Providers  Russian Helicopters Establishes Alpha Aviation JV in UAE  ALC Signs LOI for 111 Airbus Aircraft; Becomes Launch Lessor for A350F  IATA Appoints Marie Owens Thomsen as Chief Economist  Korean Air Receives Vietnam's Approval for Asiana Acquisition  Six Senses Signs Very Special Hotel in Lisbon, Portugal  United Airlines Increases Flights to Las Vegas for CES 2022  TAROM Orders Three ATR 72-600 Aircraft  Spain Orders Three Airbus A330MRTT Aircraft  DHL Express Orders Nine More Boeing 767-300BCFs  UAE Air Force & Air Defence Orders Two Airbus A330MRTT Aircraft  Indigo Partners Orders 255 A321neo Family Aircraft at Dubai Airshow  Korean Air Reports Q3 Profit; Cargo Breaking Records  Boeing to Open Three More Passenger to Cargo Conversion Lines  HKIA Reports Increase in Cargo and Passenger Numbers in October  Thai AirAsia Reports Q3 2021 Results  Cathay Pacific to Require All Eligible Aircrew to Get Third Dose of COVID19 Vaccine  Binter Canarias Orders Four ATR 72-600 Aircraft  Court Approves CWT's Recapitalization Plan  SIA Expects Passenger Capacity to Reach 43% of Pre-COVID Levels by December  Boeing to Showcase 777X at Dubai Airshow  United Airlines to Launch Flights to Amman, Jordan  Mandarin Oriental Reports First Profit Since Q4 2019  Envision Digital and SITA to Develop Net Zero Carbon Solutions for Airports  Embraer Starts Building Hungary's First KC-390 Millennium Aircraft  Qatar Cargo First to Implement IATA CO2NNECT  Elbit Systems to Upgrade Electronic Warfare Capabilities of UK's Royal Navy  SLH Signs First Hotel in Sapporo, Japan  PPHG Appoints Cristian Nannucci as GM of Two Properties in KL  AirAsia Group Appoints Colin Currie as CCO  China Southern Expands Codeshare Agreement with Qatar Airways  Fello'fly Could Significantly Boost Environmental Performance of Aircraft  SITA Develops Solution for Offline EPL Verification  Thai Cargo to Operate Flights to 30 Destinations in Winter Schedule  Eve Partners Widerøe Zero to Develop eVTOL Operations in Scandinavia  Courtyard by Marriott Hotel Opens in Phuket Town, Thailand  IHG Appoints Mark Winterton as GM of voco Orchard Singapore  Pan Pacific Signs Two Properties in Kuala Lumpur, Malaysia  Travellers Must be Fully Vaccinated to Fly with AirAsia Malaysia  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS News Feed and Ticker  Travel Industry News Archives  Travel Trade Shows  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Receive our Latest Travel News Daily Email free of charge by entering your email address and name in the boxes to the right and clicking subscribe. By subscribing, you agree with Revue's Terms of Service and Privacy Policy. You can also receive the news by WhatsApp, stay updated with our RSS Feed Travel Industry News by TravelNewsAsia.com, and even Add the Headlines to Your Website free of charge. Have questions? Please read our travel news FAQ.

     
Advertising
Advertising
Copyright © 1997-2021 TravelNewsAsia.com