Cathay Pacific experienced a significant surge in passenger numbers in July 2024, exceeding two million for the first time since its rebuilding phase. The airline also saw strong growth in revenue passenger kilometers (RPKs) and cargo handling, highlighting a positive recovery in travel demand.
Etihad Airways, the national airline of the United Arab Emirates, has announced impressive passenger numbers and load factors for July 2024. The airline carried 1.7 million passengers with an 89% load factor, reflecting continued growth and operational efficiency.
The Norwegian Group announced impressive results for the second quarter of 2024, boasting a significant increase in operating profit, passenger numbers, and operational efficiency. The company’s robust financial performance, expanding route network, and commitment to punctuality solidify its position as a leading player in the global aviation industry.
Cathay Pacific and HK Express carried over 11.2 million passengers in the first five months of 2024, marking a significant rebound from the pandemic. May 2024 saw a notable increase in passenger numbers, revenue passenger kilometers, and cargo tonnage, fueled by a combination of leisure, business, and student travel, as well as strong cargo demand from Hong Kong and the Greater Bay Area. The airline is on track to reach 100% of its pre-pandemic passenger flight capacity by the first quarter of 2025.
In May 2024, Norwegian and its subsidiary Widerøe transported a combined 2,472,976 passengers, marking a 12% increase from the same period last year. Norwegian’s passenger numbers reached 2,138,484, driven by increased capacity and popular southern European destinations. Widerøe also saw a notable rise in passenger numbers by over 10%, despite maintaining stable capacity. Both airlines reported high regularity and punctuality rates, showcasing their operational efficiency.
Charleston International Airport is expecting a record-breaking year with a 27% increase in travelers during the Memorial Day 2024 holiday travel period. The airport saw nearly 110,000 passengers flying in and out during the Memorial Day Holiday period, up from 86,000 in 2023. The increase is attributed to the addition of ultra-low-cost carriers and expanded service from existing airlines. Charleston Airport is a major economic driver for the Lowcountry region and the state of South Carolina.
Hong Kong International Airport (HKIA) reported a significant surge in passenger and cargo traffic during April 2024, driven by the long Easter holidays and increased travel demand. The airport handled 4.23 million passengers, a 35.9% year-on-year increase, and 29,055 flight movements, up by 34.7%. Cargo throughput also witnessed a notable increase of 13.9% to 394,000 tonnes, marking a consistent trend of double-digit growth in cargo volume this year. Key trading regions contributing to the cargo growth include North America, Europe, and Taiwan.
airBaltic, the national carrier of Latvia, reported a strong start to its summer season, transporting 365,200 passengers in April 2024, marking an 11% increase compared to the same period last year. This passenger volume represents the second-highest April tally in the airline’s history. The airline also operated 3,750 flights during the month, a 15% rise from the previous year.
Norse Atlantic Airways has experienced a remarkable increase in passenger numbers in April 2024, more than doubling compared to the same period in 2023. The airline’s operational performance also improved, with an average load factor of 79% and an on-time performance rate of 81%. Norse Atlantic operated 398 flights in April, including 61 charter flights, and welcomed over 98,000 passengers. Despite the Easter holiday falling in March instead of April, the airline remains optimistic about the upcoming summer season and anticipates further growth in passenger numbers.
Middle Eastern aviation is on the cusp of a transformation, as passenger numbers soar and technology disrupts the industry. Experts at Arabian Travel Market outlined key trends and predictions for the future of air travel, emphasizing the importance of innovation in accommodating the projected growth and improving the passenger experience. From digital identity solutions to data-driven decision-making, the industry is exploring ways to enhance efficiency, sustainability, and customer satisfaction.
