The International Air Transport Association (IATA) announced updates to its 2025 airline industry financial outlook, showing improved profitability over 2024 and resilience in the face of global economic and political shifts. Highlights from the expected 2025 financial performance include: Net profits at $36.0 billion, improved from the $32.4 billion earned in 2024, but slightly down on the previously projected $36.6 billion (December 2024). Net profit margin at 3.7%, improved from the 3.4% earned in 2024 and the previously projected 3.6%. Return on invested capital at 6.7%, improved from the 6.6% earned in 2024 and largely unchanged from previous projections. Operating profits at $66.0 billion, improved from an estimated $61.9 billion in 2024, but down from the previously...
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The International Air Transport Association (IATA) released data for April 2025 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.0% compared to April 2024. Total capacity, measured in available seat kilometers (ASK), was up 6.5% year-on-year. The April load factor was 83.6% (+1.1 ppt compared to April 2024). International demand rose 10.8% compared to April 2024. Capacity was up 8.5% year-on-year, and the load factor was 84.1% (+1.7 ppt compared to April 2024), the highest ever for April. Domestic demand increased 3.3% compared to April 2024. Capacity was up 3.1% year-on-year. The load factor was 82.7% (+0.1 ppt compared to April 2024). “April was a positive month for travel. Growth strengthened...
Read MoreCustomers can now easily and securely share location data from their Apple AirTags or Find My network accessories with the airline to help locate mishandled or delayed bags Cathay Pacific is pleased to introduce a new feature to its baggage recovery process, providing customers with greater peace of mind and an enhanced experience when they travel with the airline. Customers can now use Apple’s Share Item Location feature to privately and securely share the location of their AirTags or Find My network accessories with Cathay Pacific’s baggage service teams to more quickly locate their missing or delayed bags. Cathay Pacific General Manager Airport Service Delivery Cheuk Lo said: “At Cathay Pacific, we’re continuously exploring new ways to further elevate the customer experien...
Read MoreCathay brings a redesigned lounge experience to The Bridge in Hong Kong
The Bridge’s reopening marks the first stage of Cathay Pacific’s wide-ranging lounge enhancement plan at its home hub Cathay Pacific is welcoming customers to The Bridge, its much-loved lounge at Hong Kong International Airport (HKIA) that officially re-opened its doors to guests today. Occupying a prime intersection at the airline’s home hub, The Bridge has been redesigned with a host of new, unique features as well as familiar favourites to provide customers with an elevated experience before their flights. The reopening of The Bridge marks the first stage in Cathay Pacific’s wider lounge enhancement plan in Hong Kong and beyond. It comes as the airline prepares for the renovation of The Wing, First – which will close on 23 May and reopen in 2026 – followed by The Wing, Business a...
Read MoreAir Astana has celebrated 20 years of connecting Kazakhstan and India with the launch of new three times a week service from Almaty, Kazakhstan's largest city, to Mumbai, India's financial capital, on 20th April 2025. During a reception in Mumbai marking the launch of the new service, Peter Foster, CE0 of Air Astana Group commented, “With the Indian economy growing strongly, Air Astana is delighted to launch services to Mumbai, a vibrant and flourishing metropolis driven by trade, finance and enterprise. Business and leisure travellers will now be able to experience the excellence of Air Astana's in-services when flying between Kazakhstan's and India's most commercial cities.” Since entering the Indian market in 2004, the airline has steadily expanded its presence and currently ...
Read MoreAlso announces 100% seatback inflight entertainment from August 2025 Elevating the customer experience to new heights with award-winning seatback IFE and seamless connectivity across its entire fleet Cathay Pacific has announced that from August 2025 it will be one of the very few airlines to offer both 100% seatback inflight entertainment and 100% high-speed inflight connectivity across its fleet, setting a new standard for premium air travel. Customers travelling on Cathay Pacific flights will be able to enjoy the airline’s state-of-the-art IFE system and high-speed Wi-Fi in every cabin on every route, reaffirming its commitment to excellence in customer experience and design, and its aspiration to become the world’s best premium airline. General Manager Customer Exper...
Read MoreSITA acquires CCM to integrate travel tech with high-end design This move strengthens SITA's offering, integrating processes, tech and design under one end-to-end solution to better advise customers and deliver smarter, more efficient and better airports with smoother passenger experiences. As airports invest heavily in automation, biometrics, security, self-service and personalized commercial services, terminal layouts must evolve alongside these innovations. The traditional model involving rows of check-in counters, static security areas, and inefficient passenger flows no longer makes sense. Instead, airports need seamless integration, where smart technology and intelligent design work together to reduce congestion and make the most out of every square meter. With this i...
Read MoreThe International Air Transport Association (IATA) released 2024 full-year and December 2024 passenger market performance showing record high demand. Full-year international traffic surpassed the previous 2019 high by 0.5% in 2024, with growth in all regions. Capacity was 0.9% lower than 2019. The load factor improved by 0.5 percentage points, finishing on 83.2%, a record high. Total full-year traffic in 2024 (measured in revenue passenger kilometers or RPKs) rose 10.4% compared to 2023. This was 3.8% above pre-pandemic (2019) levels. Total capacity, measured in available seat kilometers (ASK), was up 8.7% in 2024. The overall load factor reached 83.5%, a record for full-year traffic. International full-year traffic in 2024 increased 13.6% compared to 2023, and capacity rose 12.8%....
Read MoreThe Cathay Group has completed its two-year rebuilding journey, with its focus now firmly on adding more flights and destinations to reinforce Hong Kong’s international aviation hub status Cathay Pacific has released its traffic figures for December 2024. In the full year of 2024, the Cathay Group achieved new post-pandemic highs for total passengers and cargo carried. Cathay Pacific and HK Express carried a combined total of more than 28 million passengers, marking an increase of 30.7% year on year. Meanwhile, Cathay Cargo carried a total of 1.5 million tonnes of cargo in 2024, which was 11% higher than the whole of 2023. Cathay Pacific carried a total of 2,248,950 passengers in December 2024, an increase of 26.4% compared with December 2023. The month’s revenue passenger kilometre...
Read MoreAnnouncing its 12th European destination, and another step closer to the Group’s target of reaching 100 global destinations within 2025 Cathay Pacific has announced that its global network will further expand this year with the launch of direct flights between Hong Kong and Rome on 5 June 2025. Operated as a three-times-weekly summer seasonal service, the Hong Kong-Rome route will be Cathay Pacific’s second direct connection between its home hub and Italy. The airline currently operates five return flights per week to Milan, increasing to daily this summer. Visitors to Rome can look forward to exploring one of Europe’s most impressive historical and cultural centres with the city boasting countless monuments, landmarks, museums and churches. Cathay Pacific’s return to the city is ...
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