The Cathay Pacific Group โ comprising passenger airlines Cathay Pacific and HKย Express โ is committed to restoring passenger capacity and connectivity in theย Hong Kong aviation hub to serve the needs of the Hong Kong and international.
It anticipates that the Group will be operating around 70% of its pre- pandemic passenger flight capacity by the end of 2023 with an aim to return to pre-pandemic levels by the end of 2024, ahead of the Asia-Pacific traffic forecastย issued by the International Air Transport Association (IATA).
Following the Hong Kong Special Administrative Region (HKSAR) Governmentโsย recent adjustments to anti-pandemic measures for travellers and aircrew enteringย Hong Kong, the Group has already announced the addition of about 3,000ย passenger flight sectors from October until the end of December this year.
Chief executive officer Augustus Tang said: โThe Group is on track to achieve itsย target of operating up to one-third of its pre-pandemic passenger flight capacityย levels by the end of 2022. This represents a doubling of the capacity that weย offered in August and is approximately eight times the average capacity the airlineย operated in the first half of 2022.
โAs the COVID-19 situation eases, airlines around the world have been rebuildingย their capacity. This requires the global aviation ecosystem, including airports,ย suppliers and our own airlines, to undertake a substantial amount of preparationย with regards to crew and ground employees, aircraft reactivation and recruitment.
This is a challenge faced by airlines, industry suppliers and airports around theย world and one which takes time and robust planning to overcome.ย โWe are taking a measured and responsible approach to managing our own roadย to recovery, with a need to address challenges that are unique to Hong Kong. Theย cityโs borders were closed for much longer than other markets and importantly,ย aircrew in Hong Kong were uniquely under quarantine constraints that werenโtย lifted until September. Despite all this, our recovery trajectory is in line with otherย carriers that donโt benefit from a domestic market in terms of the time taken sinceย borders began to open.
โImportantly, we have sufficient pilots, cabin crew and operational employees toย support our current flight schedules, and we are confident that our ongoingย recruitment plans will ensure this remains the case throughout the recovery. Theย short-term bottlenecks lie in the recertification of pilots who have not been flyingย regularly for a long period of time and the reactivation of aircraft. We have beenย bolstering our capabilities to expedite this process.โ
The Cathay Pacific Group remains confident about the long-term prospects for theย aviation sector in Hong Kong, as it looks forward to the complete removal of allย travel constraints by the HKSAR Government to facilitate the full resumption ofย travel activities both to and from Hong Kong that can enhance the cityโs hubย connectivity.
Tang added: โUnder the 14th Five-Year Plan, Hong Kong has an important roleย to play in the overall development of the country. Notably, the Plan reinforces theย importance of strengthening Hong Kong as an international aviation hub. As weย continue to increase our passenger flight capacity, we also look forward to theย completion of the Three Runway System at Hong Kong International Airport inย 2024 which remains pivotal to the long-term future of the hub.