Cathay Pacific releases October 2024 traffic figures

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

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

This newest report reveals 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 yr. 

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 % yr on yr whereas its passenger load issue decreased by 1.6 share factors to 83.1 %, and  obtainable seat kilometres (ASKs) elevated by 21.3 % yr on yr. 

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 %  improve in ASKs and a 26.8 % improve 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 % yr on yr. 

The cargo load issue elevated by 0.8 share factors to 61.5 %, whereas obtainable cargo tonne kilometres (AFTKs) elevated by 8.4 % yr on yr. 

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 % improve in AFTKs and a 4.1 % improve in RFTKs, as in contrast with the identical interval for 2023. 

Outlook for the approaching months

Cathay’s chief buyer and industrial officer Lavinia Lau is optimistic concerning the airline’s efficiency because the yr attracts to a detailed.

In response to 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 prospects journey to go to associates and kinfolk.” 

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 providers to and from Hyderabad  ranging from 30 March 2025, additional enhancing our community presence in India. Moreover, HK  Categorical launched thrice-weekly passenger flights between Hong Kong and Hiroshima on the  begin of November, growing to 4 return flights per week in January 2025.”  

By way of cargo, the sturdy demand seen by the airline of late is anticipated 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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