Hong Kong’s flag carrier Cathay Pacific has tumbled 10 places down in Skytrax’s latest ranking of the World’s Top 100 Airlines, dropping from 6th to 16th place.
The new rankings, released at the 2022 World Airline Awards ceremony on Friday in London, saw Qatar Airways take the top spot. Singapore Airlines came in second, while Emirates was placed third.
While the airline and airport consultancy did not state the reasons for Cathay Pacific’s precipitous drop in the rankings, it doesn’t exactly come as a surprise given that the Hong Kong flag carrier has been largely grounded during the two-plus years of the pandemic.
The carrier recorded a net annual loss of HK$6.12 billion (US$783 million) in 2021 and carried just 717,059 passengers last year, 84% down from 2020 and 98% fewer than in 2019.
Cathay Pacific last topped the ranking in 2014.
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