Cathay Pacific, Chief Operations Officer, Alex McGowan at the CAPA Airline Leader Summit Asia 2024
Cathay Pacific, Chief Operations Officer, Alex McGowan spoke to CAPA TV at the CAPA Airline Leader Summit 2024, in Hong Kong, about latest industry trends and company developments.
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Transcript
Alex McGowan:We're doing well. We're on track to reach 100% of our pre-pandemic capacity by the first quarter of 2025, and we're looking forward to getting back there and then, and then moving beyond that. Aria is our new business class product, and it's great. Sliding doors, big TV screen, Fantastic configurability of lighting and all the controls that you can imagine. We want to get it out as soon as we possibly can. First aircraft is in service now to short-haul destinations. We'll have 3 aircraft by the end of the year, which will let us operate long-haul destinations. And then we will complete the rollout on 30 aircraft towards the end of 2026. Yeah, A330-900 is a great aircraft for us. Its primary purpose is as a midsize widebody aircraft for regional deployment, but it has the capability to go beyond that. It's certainly got the range for Southwest Pacific and Europe, and at some point in the future, we may choose to deploy it in that way. It'll have a premium configuration in the cabin with flatbeds in business class and a great product throughout. The 3rd runway system will be a great opportunity for Cathay Pacific. I think within 10 years, by about 2035, we'll see passenger numbers increase to 120 million a year through the airport, 10 million tonnes of cargo. And we want to grow and retain our share of that market. So we're investing HK$100 billion over the next 7 years in fleet, in product, in technology in order to do that.
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