Cathay says capacity tops pre-pandemic, targets 150 destinations
RTHK · 3 SOURCESabout 2 hours ago5 MIN
Summary
Cathay Group chief executive Ronald Lam (林紹波) said the group’s overall capacity has surpassed pre-pandemic levels over the past three years. He said Cathay hopes to grow its global network to 150 destinations within the next 10 years.
Key Points
- Speaking on an RTHK programme on Friday, Lam said Cathay’s overall capacity has already moved above pre-pandemic levels after three years of rebuilding.
- He said the group plans to take delivery of 150 new-generation aircraft, although industry-wide supply-chain strains have delayed some deliveries.
- Lam said Cathay is staying in close contact with suppliers and believes the delivery delays will not have a major impact on future development.
- On fares, he said ticket prices depend on factors including network, product and service, while Cathay’s load factor is above 80 per cent.
- He said travellers seeking lower fares can consider Hong Kong Express, and added Cathay wants to offer Hong Kong people more pricing choices.
- Lam said high-speed rail cannot fully replace air travel, calling the two modes complementary rather than a zero-sum contest, with air-rail links offering potential.
- He said Hong Kong currently has more than 20 air destinations to and from the mainland, and Cathay hopes to add frequencies and destinations.
- Cathay also plans cabin and ground-service upgrades, continued refurbishment of short-haul aircraft, a first lounge at New York airport later this year, and a new lounge at Tokyo Narita early next year.
Why It Matters
For Hong Kong travellers, Cathay’s expansion plans point to more route and fare options if aircraft deliveries and network growth stay on track. The group’s emphasis on air-rail connections and more mainland links also suggests a broader push to strengthen Hong Kong’s role as an aviation hub.