Cathay Pacific bringing back more planes to restore Hong Kong hub
06/21/2022|2:48:37 PM|Reuters

Cathay Pacific Airways, battered by strict quarantine rules that have led to a 98% fall in passenger numbers, is preparing to bring back more planes to rebuild Hong Kong's hub status as restrictions ease, the airline's chief executive said.

"We have about one-third of our passenger fleet still parked in the desert, not being utilised," Cathay Chief Executive Augustus Tang told Reuters on the sidelines of an airline industry gathering in Doha. "We are making preparations for them gradually coming back ahead of the curve."

Rival Singapore Airlines has seen a surge in demand since Singapore's quarantine rules eased. It was back at 61% of pre-COVID-19 capacity in May, filling 78.2% of seats in its best month since the start of the pandemic.

Cathay, by contrast, operated only 4% of its pre-COVID capacity in May and filled 60.5% of its seats.

Cathay has 45 passenger destinations back in operation at present, up from 30 at the start of the year, and plans for up to 70 to be available by the end of the year as demand improves, he said. That compares to the 108 passenger destinations it operated before the pandemic.

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