Cathay Pacific – Page 6 – आवारा मुसाफिर

Cathay Pacific figures yet too far from pre-pandemic levels

January 24, 2022508 Views

Cathay Pacific has released its traffic figures for December 2021 together with an update on its performance in the year ended 31 December 2021, which continued to reflect the airline’s substantial capacity reductions in response to significantly reduced demand as well as travel restrictions and quarantine requirements in Hong Kong and other markets amid the ongoing COVID-19 pandemic. Traffic figures for December 2021 Cathay Pacific carried a total of 92,219 passengers in December 2021, an increase of 130.6% compared to December 2020, but a 96.9% decrease compared to the pre-pandemic level in December 2019. The month’s revenue passenger kilometres (RPKs) rose 156.5% year-on-year, but were down 95.1% versus December 2019. In the full year of 2021, the number of passengers carried dro...

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Cathay Pacific still far-far away from pre-pandemic traffic levels

AWARA MUSAFIR BUREAU

December 14, 2021625 Views

Cathay Pacific carried a total of 70,047 passengers last month, an increase of 85.2% compared to November 2020, but a 97.3% decrease compared to the pre-pandemic level in November 2019. Hong Kong based airlines has released its traffic figures for November 2021 that continued to reflect the airline’s substantial capacity reductions in response to significantly reduced demand as well as travel restrictions and quarantine requirements in place in Hong Kong and other markets amid the ongoing global COVID-19 pandemic. The month’s revenue passenger kilometres (RPKs) rose 87.1% year-on-year, but were down 96% versus November 2019. Passenger load factor increased by 8.2 percentage points to 26.8%, while capacity, measured in available seat kilometres (ASKs), increased by 29.5%, but rem...

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Cathay Pacific first Asian carrier to bring HBO Max to every seat

AWARA MUSAFIR BUREAU

December 1, 2021957 Views

Cathay Pacific is premiering the HBO Max branded channel in Asia for the very first time, becoming the first airline in Asia Pacific to introduce HBO Max Originals to its seatback inflight entertainment (IFE) experience. Hong Kong’s home airline will debut the HBO Max brand starting 1 January 2022, bringing more than 200 hours of content in the first three months to every seat. The HBO Max library includes award-winning recent hits such as the first three seasons of Succession, as well as The White Lotus, The Undoing and Mare of Easttown, along with original series such as Friends: The Reunion, Hacks, Gossip Girl (2021) and The Flight Attendant, along with all-time classics including Sex and the City, The Sopranos, The Wire, Game of Thrones, Band of Brothers and much more. Catha...

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Declining revenue, high cash burn rate compel airlines to cut jobs

UPENDRA SWAMI

October 22, 2020560 Views

Decline in revenue-passenger kilometre and high cash burn rate are compelling various airlines to cut jobs. Now Cathay Pacific Airways is cutting over 5,000 jobs in Hong Kong and closing its Cathay Dragon brand. Cathay Pacific joins a growing list of airlines, which have been cutting jobs or plan to do so. Recently, Singapore Airlines and Qantas Airways reduced their workforce by 20% and 30%, respectively. Airlines across the globe are going through the most severe crisis that they have ever encountered. Compared to the impact of SARS on the aviation industry, the monetary impact of COVID-19 is expected to be 45-50 times higher. Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, said: “Several countrie...