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Cathay Pacific releases combined traffic figures for March 2017

19 Apr 2017

Cathay Pacific Airways today released combined Cathay Pacific and Cathay Dragon traffic figures for March 2017 that show a decrease in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2016.

Cathay Pacific and Cathay Dragon carried a total of 2,851,661 passengers last month – a decrease of 3.7% compared to March 2016. The passenger load factor dropped 1.1 percentage point to 82.8%, while capacity, measured in available seat kilometres (ASKs), increased by 0.3%. In the first quarter of 2017, the number of passenger carried declined by 1.2% while capacity fell by 0.4%.

The two airline s carried 181,189 tonnes of cargo and mail last month, an increase of 15.4% compared to the last corresponding period. The cargo and mail load factor rose by 7.3 percentage points to 70.3%. Capacity, measured in available cargo/mail tonne kilometres, was up by 3.3% while cargo and mail revenue tonne kilometres (RTKs) increased by 15.4%. In the first quarter of the year, the tonnage rose by 11.4% against a 1.7% increase in capacity and a 9.4% increase in RTKs.

Cathay Pacific General Manager Revenue Management Patricia Hwang said: “Passenger demand during the traditionally slow season between the Chinese New Year and Easter holidays declined, with our North American routes continuing to come under pressure. Our North East Asia routes performed well on the whole, although Korea was slightly impacted by the political situation there. Our new route to Tel Aviv, which was launched during the month, proved to be a bright spot and has been very well received with strong demand. Easter bookings are ahead of 2016, with strong demand out of Hong Kong. Looking ahead, the market environment remains highly competitive and yield remains a major concern.”

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “Our cargo business continued its positive momentum into March. Tonnage grew well ahead of our capacity growth. Asian exports were boosted by a number of new product launches and quarter-end project movements. Transpacific routes and inbound-India routes were particularly strong. Volumes from the Hong Kong market recorded good year-on-year growth. It was also encouraging to see the inbound loads from Europe and North America continue to hold up well. The collective result was a high load factor across the network and improving yields. In March we welcomed Tel Aviv to our network and this took-off to an encouraging start with solid import and export volumes.”

 

CATHAY PACIFIC / CATHAY DRAGON COMBINED TRAFFIC

MAR

2017

% Change

VS MAR 16

Cumulative

MAR 2017

% Change

YTD

RPK (000)

 

 

 

 

 - Mainland China

715,035

-5.9%

2,204,960

-0.6%

 - North East Asia

1,331,843

-1.5%

3,979,242

2.4%

 - South East Asia

1,514,479

-5.7%

4,400,130

-3.2%

 - India, Middle East, Pakistan & Sri Lanka

574,684

-7.5%

1,746,225

-8.9%

 - South West Pacific & South Africa

1,426,973

-3.0%

4,539,358

-3.1%

 - North America

2,671,697

-2.7%

7,989,543

-2.9%

 - Europe

1,979,898

12.4%

5,855,285

10.2%

RPK Total (000)

10,214,609

-1.0%

30,714,743

-0.2%

Passengers carried

2,851,661

-3.7%

8,499,556

-1.2%

Cargo and mail revenue tonne km (000)

1,028,214

15.4%

2,654,712

9.4%

Cargo and mail carried (000kg)

181,189

15.4%

469,995

11.4%

Number of flights

6,728

-0.3%

19,648

-0.8%

 

CATHAY PACIFIC / CATHAY DRAGON COMBINED CAPACITY

MAR

2017

% Change

VS MAR 16

Cumulative

MAR 2017

% Change

YTD

ASK (000)

 

 

 

 

 - Mainland China

997,047

4.0%

2,934,468

3.1%

 - North East Asia

1,604,790

-2.8%

4,821,111

-1.8%

 - South East Asia

1,777,572

-3.8%

5,213,689

-2.8%

 - India, Middle East, Pakistan & Sri Lanka

709,629

-8.5%

2,144,109

-11.2%

 - South West Pacific & South Africa

1,739,065

5.7%

5,255,169

0.9%

 - North America

3,246,230

-2.4%

9,515,319

-2.5%

 - Europe

2,256,561

8.0%

6,562,494

7.8%

ASK Total (000)

12,330,894

0.3%

36,446,359

-0.4%

Passenger load factor

82.8%

-1.1pt

84.3%

0.2pt

Available cargo/mail tonne km (000)

1,461,629

3.3%

4,044,540

1.7%

Cargo and mail load factor

70.3%

7.3pt

65.6%

4.5pt

ATK (000)

2,634,074

2.0%

7,510,068

0.7%