Cathay Pacific releases July 2024 traffic report

Cathay Pacific launched its July 2024 site visitors 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. 

In keeping with Cathay Pacific chief buyer and business officer Lavinia Lau: “Such sturdy demand was pushed by the elevated recognition of long-haul flights to and from Hong Kong within the first half of the month amongst college students and people visiting mates and relations. This was adopted by a surge in demand for journey to standard short-haul locations in Japan and Southeast Asia within the second half of July.”

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

Nevertheless, 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. 

Within the first seven months of 2024, the variety of passengers carried elevated by 32.5 p.c, totalling 12,667,826, in opposition to 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.

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

Within the first seven months of 2024, the tonnage elevated by 10.3 p.c to a complete of 846,261 tonnes, in opposition to 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.