Travel Industry News at TravelNewsAsia.com since 1997. Interviews, podcasts, videos, pictures and more
Wed, 21 October 2020

Cathay Pacific and Cathay Dragon Carried Just 47,061 Passengers in September 2020

Cathay Pacific and Cathay Dragon carried a combined total of just 47,061 passengers in September 2020, a decrease of 98.1% when compared to September 2019.

The months revenue passenger kilometres (RPKs) fell 97% year-on-year. Passenger load factor dropped by 48.8 percentage points to 24.9%, while capacity, measured in available seat kilometres (ASKs), decreased by 91%.

In the first nine months of 2020, the number of passengers carried dropped by 83.2% against a 74.8% decrease in capacity and an 81% decrease in RPKs, as compared to the same period for 2019.

Cathay Pacific Group Chief Customer and Commercial Officer Ronald Lam said, September rounded off what has been an incredibly difficult summer, traditionally the peak passenger travel season of the year. We continued to operate minimal capacity just 9% in September a marginal month-on-month increase from about 8% in August. This was despite the resumption of some services, notably Cebu and Perth. Daily passenger numbers remained low, averaging just 1,568, while load factor sat at about 25%.

Cathay Pacific Boeing 777-300 reg: B-HNM. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

In September, we continued to rely heavily on student traffic to the UK. We launched three charter services from Hong Kong to London to cater to demand from transit passengers from the Chinese mainland, and another from Hong Kong to Tel Aviv for transit passengers from Shanghai. Demand from the Chinese mainland has gradually increased since the lifting of the ban in Hong Kong of ex-Chinese mainland transit travel in mid-August. Overall, transit passengers accounted for about 33% of our total traffic in September.

The two airlines carried 109,453 tonnes of cargo and mail last month, a decrease of 36.6% when compared to September 2019.

The months revenue freight tonne kilometres (RFTKs) fell 30.4% year-on-year. The cargo and mail load factor increased by 9.8 percentage points to 75.3%, while capacity, measured in available freight tonne kilometres (AFTKs), was down by 39.5%.

In the first nine months of 2020, the tonnage fell by 33.9% against a 34.9% drop in capacity and a 26.9% decrease in RFTKs, as compared to the same period for 2019.

Cargo demand has begun to ramp up across the network as we entered into the traditional peak season. Tonnage carried improved about 7% month-on-month, though this was still substantially below pre-COVID19 levels. Our freighter fleet schedule has been stepped up and is now operating at peak season levels, with services notably increased on Trans-Pacific routes. We also operated a greater number of cargo-only passenger flights compared to August 525 pairs in total and continued to charter Air Hong Kong flights to complement our freighter and passenger schedules, Mr. Lam said. In September, we began uplifting mail for Hongkong Post in our passenger cabins using our reconfigured Boeing 777-300ER preighters, which have had some of the Economy Class seats removed to provide additional cargo space. This aircraft was also deployed to run a new, temporary service to Pittsburgh serving the seasonal upsurge in demand.

IATA has downgraded its full-year 2020 passenger traffic forecast to reflect a drop of 66% and does not anticipate passenger travel will return to pre-COVID19 levels until 2024. Meanwhile, cargo demand remains depressed and is only recovering at a slower-than-expected pace due to capacity constraints.

Lam said: After carefully studying numerous scenarios facing the industry and our airlines, we expect we will be operating approximately 10% of our pre-pandemic passenger flight capacity for the rest of 2020 and under 50% for overall 2021. Among the multiple scenarios studied, this one is already the most optimistic that we can responsibly adopt at this moment. We assume we will be operating well below a quarter of pre-pandemic capacity in the first half of next year but will see a recovery in the second half of the year only assuming the vaccines currently under development prove to be effective and are widely adopted in our key markets by summer 2021.

Cathay Pacific today announced that the Cathay Dragon airline has ceased operations with immediate effect and that the group will layoff close to 6,000 employees worldwide. Read more.

See latest Travel News, Video Interviews, Podcasts and other news regarding: COVID19, Cathay Pacific, Cathay Dragon, HKIA, Hong Kong, RPK, FTK.

Headlines: Airports in New Zealand Install Smiths Detection's UV Disinfection Kits  Kyrgyzstan's Air Manas Signs FHS Agreement with Airbus  Cathay Pacific Carried 40,651 Passengers in June  Monolink to Perform Concert on Gaathafushi Island in Maldives  Konrad Gstrein Joins Four Seasons Hotel San Francisco as GM  COVID19 Tests Need to be Accessible, Affordable and Appropriate to Risk Level  Peter Gianusso Joins Flight Centre Travel Group as Chief Technology Officer  BA Adds Interactive Map to Website with Details of Travel Restrictions  Tauzia Properties Added to Ascott's New Online Booking Website  Airbus Delivers First A350 from C&DC in Tianjin to China Eastern Airlines  HKIA Enhances Security with Canine Unit  Hi Fly Adds One More Airbus A330-300 to Fleet  Hahn Air Signed 15 Partner Airlines in H1 2021  CWT Launches New Customer Experience Platform  Despite Uptick in May, International Travel Remains Largely on Hold  Embraer Delivered 34 Jets in Q2 2021  UTair Signs Agreement for 50 Mi-8AMT Helicopters  Passenger Volume at HKIA Increased 40.1% in June  Riya Travel Expands Retailing Capabilities with NDC  Russian Post to Use Drones to Deliver Mail  Shiyi Tay Appointed GM of Diethelm Travel Singapore  Korean Air Researching Air Launch Development Using B747-400 Aircraft  Airbus Launches Mobile Pilot Training Suite  QGen Code Generator to Streamline Model-Based Development for Collins  Finalists of the Americas Lodging Investment Summit Awards 2021  Russian Helicopters Showcasing Ka-226T Climber at MAKS-2021  Outrigger Buys Thai Hotel Company; Adds Three Resorts to Portfolio  45% of IHG's General Managers in Thailand are Women  Thai AirAsia Extends Validity of Travel and Baggage Passes  Bangkok Airways Suspends Unsealed BKK - Samui Service  PROVision Appoints Trevor Warner as a Senior Advisor  Club Med Promotes Rachael Harding  British Airways Partners AirPortr to Enhance Travel Experience from LHR  flyadeal Takes Delivery of One Airbus A320neo  Emirates Resumes Flights to Mauritius  British Airways to Launch Digital In-Seat Ordering on 19 July  Cleartrip Expands Partnership with Sabre  Qatar Reopens Borders to Fully Vaccinated Travellers  Delta to Buy 29 Boeing 737-900ERs and Lease 7 Airbus A350-900s  CWT Messaging Surpasses Program Goals  Nick Clarke Joins The Langham Gold Coast as DOSM  Simon Chan Joins Wharf Hotels as Group Director Technical Service  Vincent Fredon Joins Four Seasons Jakarta as Director of Restaurants and Bar  United Airlines Invests in Electric Aircraft Startup Heart Aerospace  Porter Airlines Orders 30 Embraer E195-E2 Jets with Options on 50 More  Edward E. Snoeks Appointed GM of Meliá Chiang Mai  Richard Langonne Appointed GM of Mandarin Oriental Wangfujing, Beijing  Wharf Hotels Appoints Antony Wong as Group Director Rooms  SITA to Better Support Sustainable Aviation with Safety Line Acquisition  Geraldine Dobey Returns to Mandarin Oriental as GM of Luxury Hotel in Paris  Airline Network Planning in 2021 and Beyond - Interview with Cem Tanyel, Sabre  Marriott Opens First Fairfield Hotel in Vietnam  Six Senses Opens Resort in Ibiza, Spain  Airbus to Showcase A350-1000 in Russia for First Time  SKY express to Expand Fleet with Six ATR 72-600 Aircraft  British Airways Launches Student Promotion in Singapore  Scandinavian Airlines Increases Flights to USA  Vietnam Airlines to Trial IATA Travel Pass on Two Flights from Narita, Japan  Bangkok Airways Cancels Flights Between BKK and CNX, HKT, THS, LPT and TDX  Finnair to Launch Non-Stop Flights from Sweden to Bangkok, Phuket and Miami  Qatar Airways Joins IATA Turbulence Aware Platform  Tom Kershaw Joins Travelport as Chief Product and Technology Officer  Ilona Yim Joins Wharf Hotels as Group Director Branding and Communications  Qatar to Add 105 Hotels and Serviced Apartments to Portfolio  Royal Norwegian Air Force's First P-8A Poseidon Rolls Out of Paint Shop  All Regions Except Asia-Pacific Contribute to Improvement in Int. Passenger Demand  Global Air Cargo in May Up 9.4% Above Pre-COVID Levels  Fiji to Play Japan in Tokyo 2020 Rugby Sevens Opener; Match Schedule Confirmed  airasia Digital to Acquire Gojek's Operations in Thailand  Bombardier Launches Certified Pre-Owned Aircraft Program  China Airlines Adds Flysafe Information & Service to Website  Finland Opens Doors to Vaccinated Travellers from EU and Schengen Countries  Air Canada to Resume / Increase Flights on 17 International Routes  How's Business in Laos? Interview with Hotelier, Duangmala Phommavong  Dusit Opens First Hotel in Oman  Emirates Reopens First Class Lounge at DXB  Vietnam Airlines Certified with 5-Star COVID19 Airline Safety Rating  Hahn Air Appoints Christoph Althoff as Vice President Airline Business  Australian GP Cancelled; Malaysian GP Brought Forward; Algarve Added to Calendar  Emirates Partners Deutsche Bank to Launch New Payment Solution  Singapore Airlines Appoints Yeoh Oon Jin as Independent Non-Executive Director  Executive Appointments at ArcosJet  Prague Airport Upgrades Passenger Experience with SITA Technology  Bangkok Airways to Operate 'Sealed Flights' Between Suvarnabhumi and Samui  Hyatt Regency Resort Opens on Koh Samui, Thailand  Simpson Marine Sells Sanlorenzo 52Steel Superyacht to Buyer in South East Asia  New International Airport Opens in Ulaanbaatar, Mongolia  Qatar Airways Cabin Crew Trial IATA Travel Pass  Emirates to Increase Flights to Phuket, Thailand  Third Falcon 6X Joins Dassault Aviation's Flight Test Campaign  Sky express Takes Delivery of First ATR 72-600  Hong Kong Bans Flights from UK; Lists Country as Extremely High-Risk  Etihad Airways Expands Verified To Fly Service to Most Routes  Korean Air and KDB Finalize Asiana Post Merger Integration Plan  Naladhu Private Island Resort in Maldives Closes for Renovation  Fáilte Ireland Hires STR to Measure Hotel Performance  Vietjet Revises Targets for 2021  Qatar Airways Signs Codeshare Agreement with Alaska Airlines  Cross Hotels Appoints Biz M Asia as GSA in Japan  Airbus Built Eutelsat Quantum Satellite Shipped to Ariane 5 Launch Site  United Airlines Orders 270 New Airbus and Boeing Aircraft  Indonesia's Lion Air Group Expands Distribution Agreement with Sabre  Asia Pacific Airlines Carried Just 1.3 Million Int. Passengers in May  Minor Forms JV with China's Funyard Hotels & Resorts  Fredrik Gustavsson Joins Inmarsat as Chief Strategy Officer  PCR Test Centre to Open in Canal Village at Laguna Phuket  Langham Reopens Luxury Hotel in Boston, USA  Messe Berlin Aiming for Physical ITB China 2021  Osaka Home to Marriott's 70th Property in Japan  Scoot Adds First Three Airbus A321neo Aircraft to Fleet  Gaylord Lamy Joins Langham Jakarta as General Manager  Emirates Expands Trial of IATA Travel Pass to More Cities  Air France and SNCF Expand Train + Air Service  Air New Zealand Resumes Fast Bag Service  Etihad Airways to Launch Flights to Vienna, Austria  UK Navy Extends Contract with Airbus for Satellite-Based Maritime Surveillance  Air New Zealand to Launch Cargo Flights Between Melbourne and Los Angeles  Korean Air to Buy More Boeing 787 Aircraft with Funds from ESG Bonds  Singapore Airlines Group Launches Voluntary Carbon Offset Programme  Qatar Airways' Latest Boeing 787-9 Features New Business Class Suite  Yugo Publishes New Charter Routes in Cambodia, Malaysia, Philippines and Thailand  Air Canada to Trial Amadeus Traveller ID on Frankfurt to Toronto and Montreal Flights  Park Regis Singapore Partners Trip Affiliates Network  Four Seasons Seychelles Appoints New Executive Chef and Executive Pastry Chef  Cathay Pacific Carried 24,006 Passengers in May  Mandarin Oriental Revises Timeline for Eliminating Single-Use Plastic  New Experiences for Guests of Four Seasons Hotel Sydney  Helvetic Airways of Switzerland Takes Delivery of First New E195-E2 Aircraft  Qatar Airways to Increase Flights to USA  Korean Air to Develop Tanks for Small Satellite Launch Vehicles  Air France Adds Montreal - Paris Flights to IATA Travel Pass Trial  Hamad Int. Airport in Qatar Installs New Screening Technology  Turkish Aerospace Added to Boeing Premier Bidder Program  Ritz-Carlton Opens Luxury Resort in Turks & Caicos  MotoGP 2021: Dates Set for Texas; Thailand Delayed; Japan Cancelled  Promoting Hua Hin Airport and Prachuap Khiri Khan to Regional Markets - Interview  NDC - Exclusive Interview with Kathy Morgan of Sabre Travel Solutions  Elephant Conservation, Jungle Bubbles and Tourism in Thailand - Interview  IATA Travel Pass - Interview with Vinoop Goel, Director Airports - APAC  How's Business in Pattaya, Thailand? Interview with MD of Tiffany's Show  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS News Feed and Ticker  Travel Trade Shows in 2020 and 2021  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Receive our Latest Travel News Daily Email free of charge by entering your email address and name in the boxes to the right and clicking subscribe. You can also receive the news by WhatsApp, stay updated with our RSS Feed Free Travel News RSS Feed, and even Add the Headlines to Your Website free of charge. Have questions? Please read our travel news FAQ.

     
Advertising
Advertising
Copyright © 1997-2021 TravelNewsAsia.com