Cathay Pacific Contact Number Singapore - All About Forex

Cathay Pacific Contact Number Singapore

Cathay Pacific Contact Number Singapore – Cathay Pacific said its traffic figures for August 2022 reflect the positive impact of further reforms to the travel restrictions and quarantine requirements of the Hong Kong Special Administrative Region government, particularly the mandatory hotel quarantine arrangement for inbound travelers.

Cathay Pacific carried a total of 253,907 passengers last month, up 87.6% from August 2021 but down 91.3% from pre-pandemic levels in August 2019. Revenue passenger kilometer (RPK) this month increased by 82.7% compared to last year. In 2019, however, it decreased by 86.1%. Passenger load factor increased by 22.2 percentage points to 68.6 percent, while capacity, measured in available seat kilometers (ASK), increased by 23.5 percent year-on-year, but was down 83.8 percent year-on-year. the level of August 2019. In the first eight months of 2022, the number of passengers increased by 1.6% compared to the increase in capacity, and the increase of RPK by 141.9% compared to the same period in 2021 increased by 133.5%.

Cathay Pacific Contact Number Singapore

Cathay Pacific Contact Number Singapore

The airline carried 104,851 tons of cargo last month, which is 15.6% less than in August 2021 and 35% less than the same period in 2019. Monthly revenue of freight ton kilometers (RFTK) decreased by 23.3% compared to last year to 35.1% compared to August 2019. Freight load factor decreased by 10.7 percentage points to 67%, while the capacity with available freight kilometers (AFTK) decreased by 11.1% per year and by 41.1% compared to August. 2019. In the first eight months of 2022, tonnage is down 8% compared to the same period in 2021, compared to a 25.4% decrease in capacity and a 32.4% decrease in RFTK.

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Chief Customer and Commercial Officer Ronald Lam said: “We continued to see an improvement in our travel business in August. Average daily passenger numbers increased month-on-month to over 8,000. Passenger capacity increased by 28% compared to July. although we are only operating at about 16% of pre-pandemic levels. Meanwhile, the load factor remains as high as 69%. After the Hong Kong SAR government’s adjustment to hotel quarantine regulations for tourists arriving in Hong Kong from August 12, we will see an increase inbound traffic to our home hubs. This is especially true for long-haul traffic from the US, Canada and Europe. Meanwhile, our passenger capacity to China remains limited, although we were able to transfer passengers to Zhengzhou in August. Let’s go through Qingdao and Xiamen.

“Student traffic from Mainland China to the US made up a large portion of our passenger traffic last month. In addition to our existing services to New York, Los Angeles and San Francisco, we will be adding additional cargo to meet the high demand this August. we continued to fly first to Chicago and Boston. As a result, our flights to the US manage an 80% load factor. In addition to student traffic, US routes are served in other destinations by transit traffic to Southeast Asia, with greater connectivity as a result of increased frequency of flights.

“In terms of cargo, we ran a full cargo schedule in August, which was supported by an increase in passenger flights as well as special regional cargo flights. While our total cargo flight capacity was down 11% compared to the same period last year, this was due to the fact that we operated more long-haul passenger flights during that time. Overall, we operated 59% of our pre-pandemic cargo flight capacity in August. Demand will remain the same during the summer months, but we will continue to make every effort to ensure smooth operations as we enter the peak shipping season.

Singapore Airlines says demand to remain strong in August 2022 The Singapore Airlines Group (SIA) continues to see strong passenger demand across all route regions except East Asia, where travel restrictions remain in place in several key markets. . SIA and Scoot, the group’s two airlines, carried a total of 2.1 million passengers in August 2022, unchanged from the previous month. Group passenger capacity (measured by available seat kilometers) was 1.1% higher than last month and 110.3% higher than last year. Group capacity reached 68% of pre-Covid-191 levels during the month. Passenger group load factor (PLF) in August 2022 was 85.4%. This was 2.0 percentage points lower than a month ago and 67.9 percentage points lower than a year ago.

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Freight operations decreased by 54.2% or 33.4 percentage points compared to last year. The volume of cargo (ton-kilometer) decreased by 13.8 percent compared to a year ago, the capacity (ton-kilometer capacity) increased by 39.1 percent, because the improvement of passenger services led to an increase in the capacity of the stomach.

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HONG KONG: Hong Kong’s Cathay Pacific Airways reported on Wednesday (March 8) an annual loss of HK$6.55 billion ($834.42 million) in 2022, up from a loss of HK$5.53 billion last year, but The outlook is positive that quarantine is now in place. no longer needed.

Cathay Pacific Contact Number Singapore

In January, the airline reported a loss of between HK$6.4 billion and HK$7 billion for the 12 months to December 31 after facing tougher regulations related to the COVID-19 pandemic.

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Analysts expect an average annual loss of HK$4.4 billion, according to Refinitiv data. They forecast a profit of $3.9 billion for this year after Hong Kong and mainland China lifted border restrictions.

“We are very excited to see a bright light at the end of the tunnel in the second half of 2022, and the positive momentum will continue into 2023,” CEO Ronald Lam said in a statement.

“After three brutal years of the COVID-19 pandemic, we have finally entered an exciting new phase where we will rebuild Cathay Pacific for Hong Kong,” Lam added.

Cathay has been particularly hard hit by COVID-related flight cancellations, border closures and strict quarantine measures for crew during the pandemic, which has led to severe staff reductions.

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Cathay said it operated about a third of its pre-pandemic passenger flight capacity in December and ended the year doubling passenger flights to 58 destinations.

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