Cathay Pacific’s December 2024 Traffic Figures Show Significant Growth

Summary: Cathay Pacific released its passenger traffic statistics for December 2024, showcasing post-pandemic recovery in both passengers and cargo carried.

Key Highlights:

• Cathay Group achieved a record high with over 28 million passengers in 2024, up by 30.7% compared to the previous year.
• In December alone, 2,248,950 passengers were transported, marking a 26.4% year-on-year increase.
• Passenger Load Factor improved to 84.8%, with revenue passenger kilometres rising by 27.9%.
• Cathay Cargo handled 1.5 million tonnes of cargo in 2024, an increase of 11% from 2023.
• Lavinia Lau, the Chief Customer and Commercial Officer, noted that December is traditionally a peak period for travel, with high demand in premium cabins reflecting robust business travel.

Statements from Lavinia Lau:

“December is the traditional peak season for our travel business as customers visit friends and relatives, and travel for leisure over the Christmas and New Year holidays. In 2024, we achieved a significant milestone during the year-end travel peak with Cathay Pacific and HK Express together carrying more than 100,000 passengers in a single day, the most since the start of our rebuild, in a total of eight days.” Translation: December is often the busiest travel month when people fly to visit family and celebrate the holidays. This year, we reached a remarkable milestone, with over 100,000 passengers flying in just one day.

This traffic data illustrates Cathay Pacific’s strategic advantage in leveraging its global network and the Hong Kong hub to boost travel between the mainland and international destinations.