Wayfarer TV: Cathay Pacific set to soar with 70 per cent capacity returning in 2023

by James Wilkinson

In a massive boost to global travel, the Cathay Pacific Group says it expects to resume 70% of pre-pandemic passenger capacity levels by end of 2023 and make a full return to normalcy by the end of 2024.

The Hong Kong-based company, which operates flights under its Cathay Pacific and HK Express brands, is in the process of adding around 3,000 flights to its network and is expected to reach one-third capacity by the end of 2022.

Cathay Pacific Group Chief Executive Officer, Augustus Tang, said the move to reinstate 3,000 flights comes following the Hong Kong Special Administrative Region (HKSAR) Government’s recent adjustments to anti-pandemic measures for travellers and aircrew entering Hong Kong.

“The Group is on track to achieve its target of operating up to one-third of its pre-pandemic passenger flight capacity levels by the end of 2022,” he said.

“This represents a doubling of the capacity that we offered in August and is approximately eight times the average capacity the airline operated in the first half of 2022.

“As the COVID-19 situation eases, airlines around the world have been rebuilding their capacity.

“This requires the global aviation ecosystem, including airports, suppliers and our own airlines, to undertake a substantial amount of preparation with regards to crew and ground employees, aircraft reactivation and recruitment.

“This is a challenge faced by airlines, industry suppliers and airports around the world and one which takes time and robust planning to overcome.

“We are taking a measured and responsible approach to managing our own road to recovery, with a need to address challenges that are unique to Hong Kong.

“The city’s borders were closed for much longer than other markets and importantly, aircrew in Hong Kong were uniquely under quarantine constraints that weren’t lifted until September. Despite all this, our recovery trajectory is in line with other carriers that don’t benefit from a domestic market in terms of the time taken since borders began to open.

“Importantly, we have sufficient pilots, cabin crew and operational employees to support our current flight schedules, and we are confident that our ongoing recruitment plans will ensure this remains the case throughout the recovery.

“The short-term bottlenecks lie in the recertification of pilots who have not been flying regularly for a long period of time and the reactivation of aircraft. We have been bolstering our capabilities to expedite this process,” he said.

Tang said the Cathay Pacific Group remains confident about the long-term prospects for the aviation sector in Hong Kong, as it looks forward to the complete removal of all travel constraints by the HKSAR Government to facilitate the full resumption of travel activities both to and from Hong Kong that can enhance the city’s hub connectivity.

“Under the 14th Five-Year Plan, Hong Kong has an important role to play in the overall development of the country,” he said.

“Notably, the Plan reinforces the importance of strengthening Hong Kong as an international aviation hub.

“As we continue to increase our passenger flight capacity, we also look forward to the completion of the Three Runway System at Hong Kong International Airport in 2024 which remains pivotal to the long-term future of the hub.”