News
Cathay Pacific reports sustained passenger demand in March
April 24th 2025
Cathay Group carriers continued to record healthy passenger traffic in its latest reported month. Read More » Cathay Pacific carried 19.8% more passengers in March compared with 12 months ago, increased capacity by 25.5%, booked 23.8% better revenue passenger kilometres but recorded a 1.2% decline in passenger load factor. “Turning to April and beyond, there has been healthy demand over the Easter holiday,” chief customer and commercial officer, Lavinia Lau, said. Cathay Cargo carried 10.6% more freight in the month against a year ago. Cargo capacity increased 8.5% and load factor was lower by 1.2% year-on-year. In the first three months of 2025, the carrier’s cargo tonnage increased 12% compared with the same quarter in 2024. From early May, “we expect a softening of general air cargo demand between the Chinese Mainland and the United States due to the tariff situation and de minimis rule changes”, the group said. “However, our network strength and flexibility in redeploying our freighters will allow us to adapt and redirect our focus to emerging opportunities. We will stay close to the market and monitor the developments vigilantly,” Lau said. HK Express carried more than 610,000 passengers in March, an increase of 25.4% from 12 months ago, and available seat kilometres expanded 35.6%. For the quarter, passengers flown by the 100% owned Cathay Group LCC increased 34.3% year-on-year “HK Express maintained its growth momentum in March,” Lau said. “While it marked a quieter month for our travel business, our cargo business saw strong growth momentum as we entered the first traditional cargo peak of the year. The latest developments on trade tariffs are creating uncertainties that may cause disruption to our cargo business, changes in travel demand, increased costs and pressure on supply chains, among other impacts,” she said.
