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 % from July 2023. The month’s income passenger kilometres (RPKs) elevated 16.1 % 12 months on 12 months. 

According to Cathay Pacific chief buyer and business 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 additionally they famous a robust demand for flights to Paris because of the 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 %, whereas out there seat kilometres (ASKs) elevated by 21.2 % 12 months on 12 months. 

In the primary seven months of 2024, the variety of passengers carried elevated by 32.5 %, totalling 12,667,826, towards a 39 % improve in ASKs and a 31.6 % 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 % in contrast with what was seen throughout the identical interval final 12 months. 

The month’s cargo income tonne kilometres (RFTKs) decreased 0.5 % 12 months on 12 months, whereas its cargo load issue decreased by 1.5 share factors to 58.3 %.

Available cargo tonne kilometres (AFTKs) rose by 2.1% 12 months on 12 months. 

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