Cathay Pacific today released its traffic figures for January 2023, which showed positive signs as the airline continues to rebuild and restore connectivity at the Hong Kong international aviation hub.
Cathay Pacific carried a total of 1,031,893 passengers last month, an increase of 4,077.9% compared with January 2022.
The airline carried 95,139 tonnes of cargo last month, an increase of 28.1% compared with January 2022 when we had to suspend our long-haul schedule for seven days due to stricter quarantine measures.
The month’s cargo revenue tonne kilometres (RFTKs) increased 140.9% year-on-year. The cargo load factor decreased by 14.4 percentage points to 62.2%, while capacity, measured in available cargo tonne kilometres (AFTKs), increased by 196.8% year-on-year.
Chief Customer and Commercial Officer Lavinia Lau said: “we saw a small uptick in demand prior to the Lunar New Year holiday, which was supported by more normal cross-border trucking services as the COVID-19 situation on the Chinese Mainland stabilised. This resulted in a good level of cargo being carried in the first half of January.
“However, as we approached the Lunar New Year period, overall demand softened as factories closed for the holidays.
“This drop-off was expected and we rationalised our freighter capacity in advance to reflect the reduced demand.
“Therefore, our tonnage in January decreased 11% month on month, while our cargo flight capacity declined 4% compared with the previous month. Load factor was about 62%.
The full January figures and glossary are on the following pages.
CATHAY PACIFIC TRAFFIC | JAN 2023 | % Change VS JAN 2022 | Cumulative JAN 2023 | % Change YTD |
|---|---|---|---|---|
RPK (000) |
|
|
|
|
– Chinese Mainland | 136,976 | 876.4% | 136,976 | 876.4% |
– North East Asia | 613,297 | 34,121.0% | 613,297 | 34,121.0% |
– South East Asia | 557,877 | 7,569.9% | 557,877 | 7,569.9% |
– South Asia, Middle East & Africa | 187,106 | 85,180.5% | 187,106 | 85,180.5% |
– South West Pacific | 741,495 | 5,587.5% | 741,495 | 5,587.5% |
– North America | 1,211,978 | 2,334.9% | 1,211,978 | 2,334.9% |
– Europe | 1,099,461 | 3,531.4% | 1,099,461 | 3,531.4% |
RPK Total (000) | 4,548,192 | 3,807.3% | 4,548,192 | 3,807.3% |
Passengers carried | 1,031,893 | 4,077.9% | 1,031,893 | 4,077.9% |
Cargo revenue tonne km (000) | 573,928 | 140.9% | 573,928 | 140.9% |
Cargo carried (000kg) | 95,139 | 28.1% | 95,139 | 28.1% |
Number of flights | 2,500 | 86.5% | 2,500 | 86.5% |
CATHAY PACIFIC CAPACITY | JAN 2023 | % Change VS JAN 2022 | Cumulative JAN 2023 | % Change YTD |
|---|---|---|---|---|
ASK (000) |
|
|
|
|
– Chinese Mainland | 207,591 | 132.7% | 207,591 | 132.7% |
– North East Asia | 786,255 | 9,287.9% | 786,255 | 9,287.9% |
– South East Asia | 690,309 | 2,854.2% | 690,309 | 2,854.2% |
– South Asia, Middle East & Africa | 224,703 | 7,852.2% | 224,703 | 7,852.2% |
– South West Pacific | 841,385 | 2,996.8% | 841,385 | 2,996.8% |
– North America | 1,274,617 | 1,272.2% | 1,274,617 | 1,272.2% |
– Europe | 1,217,949 | 2,626.4% | 1,217,949 | 2,626.4% |
ASK Total (000) | 5,242,810 | 1,717.1% | 5,242,810 | 1,717.1% |
Passenger load factor | 86.8% | 46.4%pt | 86.8% | 46.4%pt |
Available cargo tonne km (000) | 922,817 | 196.8% | 922,817 | 196.8% |
Cargo load factor | 62.2% | -14.4%pt | 62.2% | -14.4%pt |
ATK (000) | 1,423,479 | 320.5% | 1,423,479 | 320.5% |
