HONG Kong flag carrier Cathay Pacific carried a total 135,350 tonnes of cargo and mail in November, an increase of 15.8 per cent compared to the same month last year, but a 23.9 per cent decrease compared to the same month in 2020..
November's revenue freight tonne kilometres (RFTKs) rose 15.5 per cent year on year, but were down 14 per cent compared to November 2019. The cargo and mail load factor increased by 4.3 percentage points to 82.6 per cent, while capacity, measured in available freight tonne kilometres (AFTKs), was up by 9.5 per cent year on year, but was down 28.6 per cent versus November 2019.
In the first eleven months of 2021, the tonnage decreased by 1.1 per cent against a 12.5 per cent drop in capacity and a 2.3 per cent decrease in RFTKs, as compared to the same period for 2020.
Cathay Pacific Group chief customer and commercial officer, Ronald Lam said: 'November delivered an exceptionally strong cargo peak period, as expected', pointing out that the airline carried products that would usually be shipped by sea as retailers looked to replenish low inventories to meet customer demand.
'Inbound demand to our hub was also healthy as seasonal products, such as Beaujolais wine from France to Japan and cherries from the Southern Hemisphere to Asia, were shipped throughout the month,' he added.
Cathay managed to operate approximately 71 per cent of our pre-pandemic cargo capacity compared to November 2019, which was the highest level since the onset of the pandemic.
'Looking ahead on the cargo side, the strong peak season is expected to last well into December. We expect to operate our full freighter schedule as planned for the rest of the month. Nevertheless, we continue to face operational challenges and we remain agile in planning our cargo flight schedule,' Mr Lam said.
However, the airline said its travel business continued to be 'extremely challenging' in November.
'Our ability to operate flights as planned remains affected in light of the latest travel restrictions, including the Hong Kong SAR Government's tightening of quarantine requirements for many of our major markets and the subsequent operational constraints.
'As such, we adjusted our flight schedule for December and we aim to operate no more than 12 per cent of our pre-pandemic passenger flight capacity for the rest of the month,' Mr Lam said.
Cathay carried a total of 70,047 passengers last month, an increase of 85.2 per cent compared to November 2020, but a 97.3 per cent decrease compared to the pre-pandemic level in November 2019.
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November's revenue freight tonne kilometres (RFTKs) rose 15.5 per cent year on year, but were down 14 per cent compared to November 2019. The cargo and mail load factor increased by 4.3 percentage points to 82.6 per cent, while capacity, measured in available freight tonne kilometres (AFTKs), was up by 9.5 per cent year on year, but was down 28.6 per cent versus November 2019.
In the first eleven months of 2021, the tonnage decreased by 1.1 per cent against a 12.5 per cent drop in capacity and a 2.3 per cent decrease in RFTKs, as compared to the same period for 2020.
Cathay Pacific Group chief customer and commercial officer, Ronald Lam said: 'November delivered an exceptionally strong cargo peak period, as expected', pointing out that the airline carried products that would usually be shipped by sea as retailers looked to replenish low inventories to meet customer demand.
'Inbound demand to our hub was also healthy as seasonal products, such as Beaujolais wine from France to Japan and cherries from the Southern Hemisphere to Asia, were shipped throughout the month,' he added.
Cathay managed to operate approximately 71 per cent of our pre-pandemic cargo capacity compared to November 2019, which was the highest level since the onset of the pandemic.
'Looking ahead on the cargo side, the strong peak season is expected to last well into December. We expect to operate our full freighter schedule as planned for the rest of the month. Nevertheless, we continue to face operational challenges and we remain agile in planning our cargo flight schedule,' Mr Lam said.
However, the airline said its travel business continued to be 'extremely challenging' in November.
'Our ability to operate flights as planned remains affected in light of the latest travel restrictions, including the Hong Kong SAR Government's tightening of quarantine requirements for many of our major markets and the subsequent operational constraints.
'As such, we adjusted our flight schedule for December and we aim to operate no more than 12 per cent of our pre-pandemic passenger flight capacity for the rest of the month,' Mr Lam said.
Cathay carried a total of 70,047 passengers last month, an increase of 85.2 per cent compared to November 2020, but a 97.3 per cent decrease compared to the pre-pandemic level in November 2019.
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