HONG Kong flag carrier transported 134,551 tonnes of cargo in March, an increase of 10.5 per cent compared with the same month last year.
The month's cargo revenue tonne kilometres (RFTKs) increased 4.1 per cent year on year. The cargo load factor decreased by 4.3 percentage points to 62.7 per cent, while available cargo tonne kilometres (AFTKs) increased by 11.2 per cent year on year.
In the first three months of 2024, the tonnage increased by 11.1 per cent to a total of 356,380 tonnes, against a 15.2 per cent increase in AFTKs and a 6.2 per cent increase in RFTKs, as compared with the same period for 2023.
Chief Customer and Commercial Officer Lavinia Lau said: 'Cargo demand was stronger in March, with our tonnage up by 26 per cent compared with the previous month and up by 11 per cent compared to March 2023. Cargo demands out of Hong Kong and the Chinese Mainland picked up quickly after factories re-opened following the Chinese New Year holidays, and we observed an increase in e-commerce and express shipments due to the end of-quarter rush.'
cathay said it expect e-commerce demand to remain strong and for overall air cargo demand to be stable on long-haul routes.
'As the largest cargo operator at Hong Kong International Airport (HKIA), we also congratulate HKIA on once again being named the world's busiest cargo airport in 2023, a status it has held for 13 of the past 14 years. We are extremely proud to be part of this incredible success story and remain committed to continuing to work together with all stakeholders to further grow Hong Kong as the world's leading air cargo hub,' said Ms Lau.
Cathay Pacific carried a total of 1,883,404 passengers in March, an year-on-year increase of 42.4 per cent, showing a strong demand for travel from Hong Kong driven by the Easter holiday period, and travel to Hong Kong supported by the various exhibitions and events held in the city.
'Looking ahead to the Chinese Mainland's forthcoming Labour Day Golden Week holiday period, we are seeing a healthy increase in travel demand from the Chinese Mainland to Hong Kong, as well as to regional destinations via the Hong Kong hub. We will be increasing our Chinese Mainland frequencies to around two hundred round-trip flights per week as a Group during the Golden Week to cater for this strong demand.'
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The month's cargo revenue tonne kilometres (RFTKs) increased 4.1 per cent year on year. The cargo load factor decreased by 4.3 percentage points to 62.7 per cent, while available cargo tonne kilometres (AFTKs) increased by 11.2 per cent year on year.
In the first three months of 2024, the tonnage increased by 11.1 per cent to a total of 356,380 tonnes, against a 15.2 per cent increase in AFTKs and a 6.2 per cent increase in RFTKs, as compared with the same period for 2023.
Chief Customer and Commercial Officer Lavinia Lau said: 'Cargo demand was stronger in March, with our tonnage up by 26 per cent compared with the previous month and up by 11 per cent compared to March 2023. Cargo demands out of Hong Kong and the Chinese Mainland picked up quickly after factories re-opened following the Chinese New Year holidays, and we observed an increase in e-commerce and express shipments due to the end of-quarter rush.'
cathay said it expect e-commerce demand to remain strong and for overall air cargo demand to be stable on long-haul routes.
'As the largest cargo operator at Hong Kong International Airport (HKIA), we also congratulate HKIA on once again being named the world's busiest cargo airport in 2023, a status it has held for 13 of the past 14 years. We are extremely proud to be part of this incredible success story and remain committed to continuing to work together with all stakeholders to further grow Hong Kong as the world's leading air cargo hub,' said Ms Lau.
Cathay Pacific carried a total of 1,883,404 passengers in March, an year-on-year increase of 42.4 per cent, showing a strong demand for travel from Hong Kong driven by the Easter holiday period, and travel to Hong Kong supported by the various exhibitions and events held in the city.
'Looking ahead to the Chinese Mainland's forthcoming Labour Day Golden Week holiday period, we are seeing a healthy increase in travel demand from the Chinese Mainland to Hong Kong, as well as to regional destinations via the Hong Kong hub. We will be increasing our Chinese Mainland frequencies to around two hundred round-trip flights per week as a Group during the Golden Week to cater for this strong demand.'
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