Cathay Pacific reports strong December 2024 performance, completes two-year rebuild

Cathay Pacific and HK Express carried 2.25 million passengers in December 2024, up 26.4% year-on-year, with a load factor of 84.8%. For the full year, the Cathay Group transported over 28 million passengers, marking a 30.7% annual increase.

Cargo Momentum

The airline carried 143,564 tonnes of cargo in December, an 11.7% rise compared to December 2023. Total 2024 cargo volume reached 1.5 million tonnes, up 11% from 2023, driven by e-commerce, perishables, and industrial shipments.

Key Achievements

• Eight days in December saw over 100,000 passengers in a single day.
• Seasonal services to Cairns resumed and performed well.
• Premium cabins experienced high demand, reflecting business travel recovery.

Outlook for 2025

• Cathay is now operating at 100% pre-pandemic flight levels.
• Plans include adding more destinations, with direct flights to Rome launching in June and six new destinations already announced for 2025.
• Lunar New Year bookings are strong, though quieter leisure demand is expected afterwards.

Cathay Pacific remains committed to reinforcing Hong Kong’s role as a leading international aviation hub for passengers and cargo.