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Air travel continues to be strong across the globe

April 5, 2023812 Views

The International Air Transport Association (IATA) announced continued strong growth in air travel demand, based on February 2023 traffic results. Total traffic in February 2023 (measured in revenue passenger kilometers or RPKs) rose 55.5% compared to February 2022. Globally, traffic is now at 84.9% of February 2019 levels. Domestic traffic for February rose 25.2% compared to the year-ago period. Total February 2023 domestic traffic was at 97.2% of the February 2019 level. International traffic climbed 89.7% versus February 2022 with all markets recording strong growth, led once again by carriers in the Asia-Pacific region. International RPKs reached 77.5% of February 2019 levels. “Despite the uncertain economic signals, demand for air travel continues to be...

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Cathay Pacific to regain half of pre-pandemic passenger capacity this month

AWARA MUSAFIR BUREAU

March 16, 2023800 Views

Cathay Pacific has continued its positive momentum at the start of the year by announcing a number of exciting new developments. Passenger numbers have further improved after the Lunar New Year holidays; airlines carried more than 1.1 million passengers last month averaging almost 40,000 per day. It also continued to add more flights and destinations, with February seeing passenger flight capacity increase about 6% month-on-month as well as the resumption of our Wenzhou flights. Looking ahead, airlines is making good progress in increasing its capacity and rebuilding connectivity at the Hong Kong international aviation hub. By the end of March, the Cathay Group will be operating approximately 50% of pre-pandemic passenger flight capacity, covering more than 70 destinations. A...