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: Noise Cancelling Ear Plugs for a Perfect Night's Sleep  Steven Howard Outlines Travel News Asia's Video and Podcast Plans for 2023  Singapore to Host Inaugural Asia-Pacific Summit for Aviation Safety in March  Yotel Signs First Hotel in Saudi Arabia  Cebu Pacific to Resume Melbourne - Manila Flights  Marriott Upgrades Event Booking Process with GroupSync Marketplace  Aeroflot to Increase Flights to Guangzhou and Shanghai, China  Air France to Expand Caribbean Network  Airbus Helicopters Logged 362 Net Orders in 2022  Marriott Signs First Ritz-Carlton Reserve in South America  Hyatt Signs First Unbound Collection Hotel in Tokyo  Qantas Expands Codeshare Agreement with IndiGo  Etihad Airways to Double Flights to Jakarta, Indonesia  AirAsia X Resumes Flights Between KL and Osaka, Japan  CX Reports December Traffic; Expects Return to Pre-Pandemic Capacity by End-2024  Tom Pieter Van Tuijl Appointed GM of Centara Mirage Resort Mui Ne in Vietnam  Smiths Detection Launches iLane A20  Emirates Tests GE90 Engine with 100% SAF  Accor Targets 250+ Handwritten Collection Hotels by 2030  TAT and Thai AirAsia Promote Secondary Cities in Thailand  Mondrian Singapore Duxton Hotel to Open in March  Uzbekistan Airways Orders 12 Airbus Aircraft  Emirates Promotes Three Attractions in Dubai  Elbit Systems Wins Main Deck Cargo Door Contract for Boeing 777 Freighters  Singapore Smash 2023 to Showcase City's Best Table Tennis Players  Hotel du Cap-Eden-Roc in France to Reopen 14 April  IHG Signs voco Hotel in Gurugram, India  Agoda Reveals Most Popular Destinations for Lunar New Year  Air Serbia Signs Codeshare Agreement with Qatar Airways  Delta Increases Airbus A220 Orders to 119 Aircraft  Jumeirah Bali Appoints Paula Choi as Wellness Consultant  Connexus Travel Appoints Eric Lau as General Manager  Rugby Sevens Returns to Hamilton, New Zealand  CWT Wins Siemens Gamesa Renewable Energy Contract  Accor to Expand Legendary Orient Express Brand to Cruise Market  Emirates to Increase Stansted Flights; Resume A380 Service to Birmingham, Glasgow and Nice  Asia Digital Engineering Opens MRO Facility in Johor Bahru, Malaysia  Marriott Signs Three Hotels in Brazil  Malaysia Aviation Group Joins UN's Global Compact Initiative  Two Executive Appointments at Diethelm Travel Group  Undisclosed Customer Orders Fifteen E195-E2 Aircraft  Increased Demand in Asia Pushes Finnair to Increase European Flights  Emirates to Resume Direct Dubai - Hong Kong Flights  Hong Kong Airport Handled 5.7 Million Passengers in 2022  Phuket Shines as Aeroflot Names Most Popular New Year Destinations  Thai AirAsia Unveils Amazing Thailand, Amazing New Chapters Aircraft Livery  Wyndham Opens Hotels in Thailand and Vietnam  Etihad Airways to Launch Flights to Copenhagen and Düsseldorf  Rolls-Royce Tests MTU Engine with 100% Hydrogen  Air France-KLM's NDC Content Now on Travelport+  Hyatt Opens Thailand's First Andaz Hotel  Four Seasons Resort and Residences at The Pearl-Qatar Starts Accepting Reservations  Brian Tong Appointed AGM of Waldorf Astoria - Greater China and Mongolia  Hong Kong Reports Provisional Arrivals for 2022; Outlines Global Promotions  Emirates to Offer High-Speed Inflight Broadband on 50 New A350s  Airbus Delivered 661 Commercial Aircraft to 84 Customers in 2022  Cyprus Airways Appoints APG Hellas as GSA in Greece  Australia Upgrades Airport Tech with Self-Service Biometric Kiosks  Emirates to Resume Tokyo Haneda Flights in April  Chiva-Som Hua Hin Appoints Patience Sangwa as Resident Naturopath  Asia Pacific Airlines' RPK Up 499.2% in November  Etihad to Double Number of Flights to Bangkok, Thailand  Hyatt Opens Riverside Hotel in London, England  airBaltic to Offer Free High-Speed In-Flight Internet to Every Passenger  Savio Fernandes Joins Four Seasons Bengaluru as Director of F&B  CWT Appoints Richard Thompson as Global Head of ESG and Employee Experience  Accor Opens Grand Mercure Resort in Seminyak, Bali  Peter Pottinga Returns to Thailand as GM of Luxury Hotel in Chiang Mai  Ritz-Carlton Appoints Amanda Joiner as Head of Leadership Center  OAG Report Highlights World's Most Punctual Airlines and Airports  Boeing Reports Total Orders and Deliveries for 2022  Marriott Opens Second JW Hotel in Germany  Air Cairo to Implement Accelya's Revenue Management Solution  Emirates Completes IOSA with Zero Findings  China Airlines Partners Toutouan and JIA to Upgrade Japanese Inflight Cuisine  IATA Reports November Traffic; Governments Playing Science Politics  Accor Rebrands Hotel in Cairns, Australia  PIA Extends Partnership with Sabre  Ascott Appoints Serena Lim as Chief Growth Officer  Martin Zarybnicky Joins Anantara Siam Bangkok Hotel as General Manager  InterContinental Singapore Appoints Kenny Chung as Executive Chef  Airbus Partners VDL Group for Airborne Laser Communication Terminal  Asia Pacific Airlines' Air Cargo Volumes Down by 18.6% in November  Lamberto Martinello Joins ATR as Head of Communications and Corporate Branding  Manchester United and Marriott Create Unforgettable Experiences  Etihad Airways to Increase Flights to China  Anthony Tschudin Joins Four Seasons Chiang Mai as Resort Manager  Aeroflot Launches Six New Routes to Mineralnye Vody  British Airways Unveils New Uniforms  Elbit Systems to Establish New Tank Simulation and Training Centers for IDF  Accor Prepares to Open First Ibis Budget Hotel in Cambodia  Cebu Pacific Takes Delivery of Ninth Airbus A320neo  Emirates to Promote Tourism to Bahamas  Etihad Airways Appoints Arik De as Chief Revenue Officer  Korean Air CEO's New Year Address to Employees  Christoph Strahm Appointed GM of Pan Pacific Hanoi  Four Seasons Resort Seychelles Reopens Three-Bedroom Beach Suite  BA Euroflyer Increases Short-Haul Flights for Summer 2023  China Airlines Launches Taipei - Da Nang Flights  United Airlines to Resume San Francisco - Hong Kong Flights in March  Maximilian Schillik Joins Four Seasons Hotel Seoul as Director of Rooms  Marriott Expands AC Hotels Brand to China  British Airways to Launch Flights Between London Heathrow and Florence, Italy  IHG Signs India's First voco Hotel  Hong Kong Rugby Celebrates New Year with Youth Tournament  Egyptian Air Force Orders 12 Boeing CH-47F Chinooks  Onyx Hospitality Opens 96-Room Hotel in Hong Kong  TurboJET to Resume HKIA - Macau Ferry Transfer Service on 30 December  Aeroflot to Launch Flights Between Irkutsk and Bangkok, Thailand  Marriott Opens All-Inclusive Autograph Collection Resort in Cancun, Mexico  Jetstar Celebrates Christmas with Arrival of Two A321neo LR Aircraft  Malaysia Airlines and Saudia Expand Partnership with Codeshare Flights  Stephanie Linnartz to Leave Marriott for Under Armour  Groupe GM Redesigns Pascal Morabito Contemporary Hotel Guest Amenities  Accor Opens ibis Hotel in Chiang Mai, Thailand  Korean Air Receives China's Approval for Asiana Acquisition  Nicolas De Gols Appointed GM of Le Royal Monceau - Raffles Paris  BOC Aviation Increases Boeing 737 MAX 8 Orderbook to 80 Aircraft  Leon Baum Moves to Egypt as GM of Four Seasons Resort Sharm El Sheikh  Radisson Opens First Safari Resort in Africa  Air New Zealand Partners Four Companies for Mission NextGen Aircraft  CIAF Leasing Takes Delivery of Three Embraer E190s  Star Alliance Appoints Charlotta Wieland as Interim CEO  Urs Aebi Appointed GM of Cape Fahn Hotel in Koh Samui, Thailand  World Rugby Sevens Challenger Series 2023 to Take Place in South Africa in April  Amari Watergate Bangkok - 4K Video Interview with Sukamal Mondal, Area GM  Bangkok Riverside Fest 2023 - 4K Video Interview with Frederic Kolde, Anantara Riverside Resort  Business Travel Trends in Asia Pacific - Video Interview with Brett Thorstad, Sabre  Pictures from Miss International Queen 2022 in Pattaya, Thailand  HD Video Interviews from Miss International Queen 2022 in Pattaya, Thailand  Is Siam Seaplane Ready for Take Off? Interview with Dennis Keller, Chief Business Officer  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS Feed - Travel Industry News  Ticker - Travel Industry News  Travel Industry News Archives  Travel Trade Shows  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2023 TravelNewsAsia.com