By Will Lee
Cathay Pacific Stories Increased Passenger Demand, Continues to Expertise Hindrances
After two and half years of the pandemic, Cathay Pacific Airways continues to expertise the consequences of journey disruptions and restrictions. Hong Kong’s flag provider has revealed its newest journey determine for August, carrying a complete of 253,901 passengers — a rise of 87.6 %, in comparison with the identical time final yr. Nonetheless, the quantity confirmed a 91.3 % lower, in comparison with the pre-pandemic stage in August 2019.
Additionally, the provider carried 104,851 tonnes of cargo for August — a lower of 15.6 % in comparison with August 2021.
Whereas the rise was attributed to the federal government has lifted the journey restriction final month, vacationers coming from abroad must adjust to a so-called “3+4 mannequin”, dealing with quarantine in a selected resort for 3 days, adopted by medical surveillance at house for 4 days, as a substitute of quarantining for seven days as beforehand enforced. On account of the brand new insurance policies, the airline has seen an uptick in inbound site visitors, particularly from the U.S., Canada and Europe.
Nonetheless, the pandemic is way from over, Cathay Pacific has been experiencing turbulence, working at 16 % of the pre-pandemic stage final month and the load issue was near 69 %. As well as, the airline is forecasted to function about one-third of its pre-pandemic passenger flight capability by the tip of the yr because of “different operational complexities”.
Within the meantime, Hong Kong Worldwide Airport dealt with 479,000 passengers in August, recording year-on-year progress of 116.3 %, in comparison with August 2021. Nonetheless, the most recent determine was nonetheless considerably under to pre-pandemic stage. The worldwide hub recorded 6 million passengers in August 2019.
“Transit site visitors between the Americas and Southeast Asia and India is anticipated to be robust, whereas site visitors between Australia, New Zealand and different elements of our community can be anticipated to extend,” Ronald Lam, Chief Buyer and Industrial of the airline stated.
Regardless of the border hasn’t been totally opened, the provider believed the demand will stay stable within the fourth quarter.
“We intend so as to add about 200 pairs of passengers flights in October, primarily to regional locations reminiscent of Osaka, Japan, Seoul, South Korea, Bangkok, Thailand, Kuala Lumpur, Malaysia, and Manila, Philippines, and likewise to long-haul locations reminiscent of Vancouver, Canada, Sydney and Melbourne, Australia,” Lam added.
Hong Kong is finest recognized for its strict journey restrictions for the reason that pandemic and the principles go away the provider behind. Nonetheless, Cathay Pacific is seeing a silver lining. It’s extensively rumored that the federal government may elevate the journey restrictions by November. Based on the media, the Hong Kong authorities may announce the brand new coverage as quickly as this week. It’s anticipated the quarantine guidelines may very well be scrapped and implement a brand new “0+7 mannequin” as a substitute of “3+4 mannequin”. The vacationers coming from abroad may keep away from quarantining and solely make a self-monitoring for seven days.