Cathay Pacific to double daily flights from Delhi to Hong Kong
Cathay Pacific Airways on March 12, 2014, announced its fresh Delhi schedules to offer double daily nonstop flights to Hong Kong, effective March 31, 2014. The first flight from Delhi arrives at Hong Kong International Airport at 0700 and the second flight at 0925, giving seamless connections to destinations such as North America, Australia, Japan, Korea, China and the Philippines offered by Cathay Pacific and its sister airline, Dragonair. Both non-stop services are operated by Cathay Pacific’s fleet of A330 aircraft.
Addressing a press conference in New Delhi Cathay Pacific officials also unveiled the performance of the airline for the year 2013. The Group’s cargo revenue in 2013 was HK$23,663 million, a decline of 3.6 per cent compared to the previous year. Yield for Cathay Pacific and Dragonair decreased by 4.1 per cent to HK$2.32. Capacity increased by 1.7 per cent but the load factor fell by 2.4 percentage points to 61.8 per cent. Capacity was adjusted in line with demand throughout 2013 and more cargo was carried in the bellies of passenger aircraft in order to reduce costs.
The facts show the Group’s cargo business has been adversely affected by weak demand since April 2011. There was some recovery in business during the last three months of 2013, though business was still weaker than the same period of 2012. The airline’s new cargo terminal at Hong Kong International Airport became fully operational in October 2013 and will allow the Airline to improve efficiency and to reduce costs in the long term.