Cathay Pacific CEO Optimistic About Carrier's Future

The transcript discusses Pacific Airways' recovery and future plans post-pandemic. It highlights the challenges faced, particularly in manpower and pilot training, due to unique quarantine measures in Hong Kong. The airline aims to reach pre-pandemic capacity by 2024, with significant milestones in passenger and cargo capacity by the end of the year. The discussion also covers fleet management, Hong Kong's potential as an aviation hub, and current travel trends affecting ticket pricing. Overall, the airline is optimistic about overcoming challenges and aligning with Hong Kong's growth.

What is the target year for Pacific Airways to achieve 100% pre-pandemic capacity?

• 2025

• 2024

• 2026

• 2023

What is the main challenge Pacific Airways is facing in terms of manpower?

• Insufficient cabin crew

• Expired pilot licenses

• Lack of pilots

• High attrition rates

How many aircraft did Pacific Airways have at the end of 2022?

• 250

• 200

• 300

• 222

What is a critical factor for Hong Kong's success in the coming years?

• Technology

• Manpower recovery

• Real estate

• Tourism

When is the three-runway system expected to be fully operational?

• Late 2024 or early 2025

• Mid 2025

• Late 2023

• Early 2024

What is causing the high ticket prices currently?

• New airport taxes

• High demand and low supply

• Limited destinations

• Increased fuel costs

What is the expected impact on ticket prices as Pacific Airways rebuilds capacity?

• Prices will decrease

• Prices will remain the same

• Prices will increase

• Prices will fluctuate