Cathay Group releases February 2025 traffic report
The Cathay Group launched its visitors figures for Cathay Pacific, HK Categorical, and Cathay Cargo on Thursday, twentieth March.
February marked one other constructive month for the Cathay Group, as visitors figures had been pushed by the return journey peak over the Lunar New Yr vacation.
Cathay Pacific and HK Categorical collectively set a brand new post-pandemic file on 2nd February by carrying greater than 111,000 passengers on a single day.
Cathay’s chief industrial and buyer officer Lavinia Lau added:”We’re happy to be including much more thrilling new locations to our increasing world community as we transfer nearer to exceeding 100 passenger locations inside this yr.”
Cathay Pacific will likely be launching flights to Hyderabad on the finish of March, and likewise just lately introduced a brand new continuous service to Urumqi ranging from twenty eighth April.
In the meantime, HK Categorical additionally introduced new flights to Komatsu from twenty fourth April, Cheongju from fifth June, Daegu from sixth June, and Miyako (Shimojishima) from 27 June.
In whole, 13 new locations have already been introduced for 2025, with extra to come back.
Lau mentioned: “As well as, we had been proud to have our achievements in cargo and sustainability recognised just lately with two prestigious awards from Air Transport World. Cathay Cargo earned the title of Cargo Operator of the Yr for the second time in three years, and Cathay Pacific was named Eco-Airline of the Yr, changing into the primary airline in Asia to obtain this distinction.”
Passenger visitors in February 2025
Cathay Pacific carried 14.3 % extra passengers in February 2025 in contrast with February 2024 as Accessible Seat Kilometres (ASKs) had been up by 17 %.
Within the first two months of 2025, the variety of passengers carried by Cathay Pacific elevated by 25.4 % in contrast with the identical interval for 2024.
Lau mentioned: “Following the Lunar New Yr vacation, leisure journey demand softened whereas enterprise journey demand picked up, pushed by numerous exhibitions and commerce occasions held in late February and early March. This resulted in February seeing a strong load think about our premium cabins. Wanting forward, we anticipate decreased leisure journey demand from our house market as much as the top of March, throughout which we are going to proceed to leverage our world community to spice up transit visitors.”
On the similar time, HK Categorical carried greater than 585,000 passengers in February, marking a rise of 32 % yr on yr, whereas Accessible Seat Kilometres (ASKs) grew by 38 %.
Within the first two months of 2025, the variety of passengers carried elevated by 39.1 % in contrast with the identical interval for 2024.
Lau defined: “HK Categorical continued its progress trajectory in February, saying new additions to its community and working extra flights and capability. March goes to be a quieter month following the leisure journey peak over the Lunar New Yr vacation, although we’re trying ahead to welcoming three attention-grabbing new locations, particularly Nha Trang, Ishigaki, and Komatsu in April.”
Cargo efficiency in February 2025
In the meantime, Cathay Cargo carried 11.8 % extra cargo in February 2025 than in February 2024.
Accessible Freight Tonne Kilometres (AFTKs) elevated by 3.5 % whereas load issue decreased by 1.4 proportion factors yr on yr. Within the first two months of 2025, the overall tonnage elevated by 12.8 % in contrast with the identical interval for 2024.
Lau mentioned: “Demand from our Hong Kong hub and the broader Larger Bay Space market began slowly as a result of Lunar New Yr vacation however picked up in direction of the top of February. We noticed continued progress in our Cathay Safe answer, pushed by elevated shipments of electronics from the Chinese language Mainland and Southeast Asia. We had been additionally proud to be the official airline sponsor of the Longines Hong Kong Worldwide Horse Present, transporting round 70 of the world’s best sports activities horses from Liège and London to Hong Kong, showcasing our experience and care in transporting dwell animals.”
She added that, for March, Cathay Cargo expects market demand to choose up as we ramp up our scheduled freighter frequencies to arrange for the quarter finish.
In response to Lau, the corporate is protecting a detailed watch on the volatility of the cargo market, and that they are going to leverage their built-in flexibility to make crucial changes to their community and capability to seize demand adjustments.