Passenger traffic for Hong Kong’s Cathay Pacific grows by 19.8% in March
City’s flag carrier also says it is bracing for uncertainties in terms of cargo business amid sweeping US tariffs
The airline said on Wednesday that March had been a “quieter month” in terms of its travel operations, recording about 2.26 million passengers for the period.
But it saw “strong growth momentum” in cargo operations during the first traditional peak period of the year, recording a year-on-year tonnage increase of 10.6 per cent last month.
“However, the latest developments on trade tariffs are creating uncertainties that may cause disruptions to our cargo business, changes in travel demand, increased costs and pressure on supply chains, among other impacts,” said Lavinia Lau Hoi-zee, who serves as Cathay Pacific’s chief customer and commercial officer.
“We are taking proactive steps to put ourselves in the best possible position in facing and mitigating these external forces as we remain aligned, agile and responsive in our approach.”
Cathay noted that passenger traffic last month was 19.8 per cent higher than in March 2024.