Cathay Pacific and its subsidiary Hong Kong Express managed to cross the milestone of two million passengers transported in a month, in this case in July, and this for the first time since the Covid pandemic.
Cathay Pacific, for its part, carried 1,744,374 passengers last month, an increase of 693.8% compared to July 2022. The number of revenue passenger kilometers (RPK) also increased by 421.6% compared to the previous year. Passenger load factor rose 16 points to 89.3%, while capacity, measured in available seat kilometers (ASK), was up 328.2% year-on-year.
In the first seven months of 2023, the number of passengers carried increased by 1,622% against an increase of 818.9% in capacity and an increase of 1,149% in RPK, compared to the same period of 2022. This exponential growth of the Hong Kong airline group from one year to the next is explained by the policy “zero covid” of Hong Kong, which had closed the borders of the territory to air traffic (and also land and sea) in 2022, before reopening them again at the beginning of 2023.
The full report (in English) is available on the Cathay Pacific group website.