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Cathay Pacific reports 7.4% expand in april 2024 cargo tonnage – Air Cargo Week

By May 21, 2024No Comments

Cathay Pacific launched its web site web site visitors figures for April 2024, which showed endured robust bolt query with both leisure and industry bolt stimulated by the many vacation sessions and good-scale occasions that took position in some unspecified time in the future of the month within the route of the set aside.

The airline carried 117,428 tonnes of cargo in April 2024, an expand of 7.4% when put next with April 2023. The month’s cargo revenue tonne kilometres (RFTKs) decreased 0.4% year on year. The cargo load ingredient decreased by 4.2 share positive aspects to 59.5%, while readily on the market cargo tonne kilometres (AFTKs) elevated by 6.6% year on year. In the first four months of 2024, the tonnage elevated by 10.1% to an entire of 473,808 tonnes, against a 12.9% expand in AFTKs and a 4.5% expand in RFTKs, as when put next with the a similar duration for 2023.


“In terms of cargo, tonnage became once 13% lower in April than in March. The lower became once anticipated given the robust quarter-cease query in March and the holidays that fell within the first half of of April. Nonetheless, when put next with April final year, tonnage became once 7% greater. After the holidays, we observed an uptick in query with a key driver being e-commerce shipments from Hong Kong and the Chinese language Mainland.

Cathay Pacific carried a entire of 1,741,585 passengers in April 2024, an expand of 26.1% when put next with April 2023. The month’s revenue passenger kilometres (RPKs) elevated 27.8% year on year. Passenger load ingredient decreased by 5.4 share positive aspects to 81.6%, while readily on the market seat kilometres (ASKs) elevated by 36.2% year on year. In the first four months of 2024, the selection of passengers carried elevated by 47.3% to an entire of 7,143,363, against a 50.9% expand in ASKs and a 42.3% expand in RPKs, as when put next with the a similar duration for 2023.

“This month, the Particular person Consult with Plan will likely be extra expanded to consist of eight more cities within the Chinese language Mainland, enabling residents in these cities to search the advice of with Hong Kong in their person capacity. Here is a welcomed sort that will entice more guests to Hong Kong, strengthen Hong Kong’s tourism sector and make contributions to its endured thunder and sort. We gawk forward to offering top price providers and products for more customers from the Chinese language Mainland. As a Neighborhood, we would possibly per chance be operating as a lot as 210 return flights per week between Hong Kong and the Chinese language Mainland this summer season.

“Over the impending months, the Cathay Neighborhood will continue to add more destinations and flights to our network. These consist of Cathay Pacific’s Barcelona service, which will resume next month, and HK Categorical’s Sanya and Clark providers and products in Would possibly well and June, respectively. In terms of bolt query, students returning to Hong Kong for the summer will present a factual boost in June and July, while the outlook for the summer peak is moreover taking a gawk promising.


“For cargo, we foresee staunch thunder in tonnage going forward, seriously on cargo lanes between Asia and North America over the impending months.”