Cathay Pacific releases October 2024 traffic figures

The publish Cathay Pacific releases October 2024 traffic figures appeared first on TD (Journey Every day Media) Travel Daily Media.

Cathay Pacific revealed its visitors figures report for October 2024 on Thursday, twenty first November.

This newest report exhibits how the airline reached the milestone of working greater than 10,000 passenger and cargo flight sectors in a single month for the primary time this 12 months. 

Cathay Pacific carried a complete of two,014,105 passengers in October, marking a rise of 19.6 % in contrast with October 2023. 

The month’s income passenger kilometres (RPKs) elevated 19.1 % 12 months on 12 months whereas its passenger load issue decreased by 1.6 proportion factors to 83.1 %, and  accessible seat kilometres (ASKs) elevated by 21.3 % 12 months on 12 months. 

Within the first 10 months of 2024, the variety of passengers carried elevated by 27.4 % to a complete of 18,567,818, towards a 32.7 %  enhance in ASKs and a 26.8 % enhance in RPKs, as in contrast with the identical interval for 2023. 

With regard to cargo operations, the airline carried 142,323 tonnes of cargo all through final month, a rise of 14.3 % in contrast  with October 2023. The month’s cargo income tonne kilometres (RFTKs) elevated 9.8 % 12 months on 12 months. 

The cargo load issue elevated by 0.8 proportion factors to 61.5 %, whereas accessible cargo tonne kilometres (AFTKs) elevated by 8.4 % 12 months on 12 months. 

Within the first 10 months of 2024, the tonnage elevated by 10.4 % to a complete of 1,245,899 tonnes, towards an 8.8 % enhance in AFTKs and a 4.1 % enhance in RFTKs, as in contrast with the identical interval for 2023. 

Outlook for the approaching months

Cathay’s chief buyer and business officer Lavinia Lau is optimistic concerning the airline’s efficiency because the 12 months attracts to an in depth.

In accordance with Lau: “We’re projecting a robust Christmas journey peak, with Japan anticipated to be a prime vacation spot for outbound journey from our house market. We’re additionally anticipating  appreciable inbound demand from North America, the UK and different locations  in Europe as clients journey to go to mates and relations.” 

With regard to new locations, Cathay Pacific’s seasonal service of three flights per week  between Hong Kong and Cairns is slated to launch on 17 December 2024. 

Lau added: “We additionally introduced the resumption of Cathay Pacific’s continuous passenger companies to and from Hyderabad  ranging from 30 March 2025, additional enhancing our community presence in India. Moreover, HK  Specific launched thrice-weekly passenger flights between Hong Kong and Hiroshima on the  begin of November, rising to 4 return flights per week in January 2025.”  

When it comes to cargo, the strong demand seen by the airline of late is predicted to proceed all through the remainder of the height season, pushed by e-commerce, high-tech and digital items from the  Chinese language Mainland, Southeast Asia, in addition to perishables from South West Pacific and the  Americas.

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