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Cathay Pacific releases combined traffic figures for January 2011

15 Feb 2011


Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for January 2011 that show an increase in the number of passengers and amount of cargo and mail carried year on year, though there was a drop in load factors due to the increase in capacity.

Cathay Pacific and Dragonair carried a total of 2,243,788 passengers in January – up 6.8% on the same month in 2010. The passenger load factor, however, was down by 2.5 percentage points to 81.3%. Capacity for the month, measured in available seat kilometres (ASKs), was up by 10.1%.

The two airlines carried 144,402 tonnes of cargo in January 2011, a rise of 8.9% compared to January last year, while the cargo and mail load factor was down 7.1 percentage points to 67.8%. Capacity, measured in available cargo/mail tonne kilometres, was up by 25.5%, while cargo and mail tonne kilometres flown were up by 13.7%.

Cathay Pacific General Manager Revenue Management Tom Owen said: "Passenger traffic held up quite well following the Christmas and New Year peaks, and the quality of revenue in all classes of travel saw an improvement over the same period in 2010. Premium traffic volumes remained steady and we saw a strong spike in leisure travel on our regional routes towards the end of the month due to the Chinese New Year holidays. This also flattered the monthly growth comparisons year over year as the Chinese New Year holiday effect was not seen until February in 2010.”

Cathay Pacific General Manager Cargo Sales & Marketing James Woodrow said: “Freight volumes fell away a little following the 2010 year-end peak but, overall, traffic still held up quite well throughout the first month of 2011.Demand out of the key Hong Kong and Mainland China markets was a little softer than anticipated but this freed up space to enable us to carry more shipments from other destinations in the network. The expected pre-Chinese New Year rush did not materialize to the extent seen in previous years.”
CATHAY PACIFIC / DRAGONAIR
COMBINED TRAFFIC
January 2011 % change vs Jan10 Cumulative Jan2011 % change
YTD

RPK (000)
China 540,722 4.6% 540,722 4.6%
North East Asia 1,006,709 12.6% 1,006,709 12.6%
South East Asia 1,034,782 12.8% 1,034,782 12.8%
India, Middle East, Pakistan & Sri Lanka 712,711 -6.8% 712,711 -6.8%
Europe 1,597,754 8.6% 1,597,754 8.6%
South West Pacific & South Africa 1,466,493 -2.1% 1,466,493 -2.1%
North America 2,193,327 12.7% 2,193,327 12.7%
RPK Total (000) 8,552,498 6.8% 8,552,498 6.8%
Passengers carried 2,243,788 6.8% 2,243,788 6.8%
Cargo and mail tonne km (000) 815,810 13.7% 815,810 13.7%
Cargo and mail carried (000Kg) 144,402 8.9% 144,402 8.9%
Number of flights 5,311 13.8% 5,311 13.8%
CATHAY PACIFIC / DRAGONAIR COMBINED CAPACITY January 2011 % change
vs Jan 2010
>
Cumulative
Jan 2011
% change
YTD

ASK (000)
China 821,553 9.3% 821,553 9.3%
North East Asia 1,418,185 24.7% 1,418,185 24.7%
South East Asia 1,282,030 10.6% 1,282,030 10.6%
India, Middle East, Pakistan & Sri Lanka 930,792 -1.8% 930,792 -1.8%
Europe 1,917,208 14.3% 1,917,208 14.3%
South West Pacific & South Africa 1,751,807 0.4% 1,751,807 0.4%
North America 2,396,524 12.0% 2,396,524 12.0%
ASK Total (000) 10,518,099 10.1% 10,518,099 10.1%
Passenger load factor 81.3% -2.5pt 81.3% -2.5pt
Available cargo and mail tonne km (000) 1,202,423 25.5% 1,202,423 25.5%
Cargo and mail load factor 67.8% -7.1pt 67.8% -7.1pt
ATK (000) 2,203,635 18.0% 2,203,635 18.0%
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