While commercial aviation's recovery is welcomed in all parts of the world, perhaps one of the most significant and heartwarming is the strong return of Hong Kong's Cathay Pacific.
Last year was when global aviation started to turn positive, but not for Cathay Pacific, with the group, which includes HK Express, carrying just 40,823 passengers in April 2022, which was nearly double what it carried in April 2021.
With travel restrictions virtually a thing of the past, Cathay Pacific is quickly springing back into life, as is its home of Hong Kong International Airport (HKG). Last month the group carried 1.38 million passengers, a 3,283% increase year-on-year, at an impressive passenger load factor of 86.9% compared to 56% last year.
Capacity in April, as measured by available seat kilometers (ASKs), rose from 306,000 last year to 6.34 million this year, still a long way short of the 13.49 million on offer in April 2019. Cathay Pacific chief customer and commercial officer Lavinia Lau said that April was a busy month as many customers looked to enjoy a getaway during the holiday period.
"Meanwhile we continued to increase our passenger flight capacity and add more frequencies to destinations in Europe, Southeast Asia, Australia and Japan. Demand for premium class seats has also been positive, driven by both corporate and leisure travel."
Read original article