Cathay Pacific maintains goal of returning to 70 percent of pre-epidemic capacity by the end of this year
Civil Aviation Resource Network News on May 10, 2023: According to Hong Kong media reports, on May 10, Cathay Pacific CEO Lin Shaobo said at the annual general meeting of shareholders that the group's passenger transport capacity in March has recovered to 50 percent of the pre-epidemic level, covering more than There are 70 destinations, but the supply of seats is still in short supply, so the air ticket price is higher than before the epidemic. It is expected that the capacity will recover to 70 percent by the end of the year, covering more than 80 destinations. It will fully recover by the end of next year, and the air ticket price will fall back to normal levels. .
Lin Shaobo said that the restoration of passenger transport capacity faces many manpower constraints, especially suppliers, flight and ground service manpower, local and overseas manpower need time to rebuild, he believes that it is quite aggressive to restore the capacity to 70 percent by the end of the year and further improve There is not much room for targets. At present, Cathay Pacific has resumed 15 waypoints to the mainland.