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Cathay Pacific releases February traffic figures

19 Mar 2001


Cathay Pacific Airways carried 871,191 passengers in February, 5.6% fewer than in the same month in 2000. The fall was partly due to the fact the Chinese New Year boosted traffic in February 2000, whereas it occurred in January this year. The timing of Chinese New Year had the opposite effect on cargo, which recorded relatively strong year-on-year growth of 11.5% to 55,600 tonnes.

Taking January and February together, both passenger and cargo operations showed modest growth. The airline carried 2% more passengers and 2.4% more cargo in the two months compared to the same period last year. The passenger load factor however fell 3.2 percentage points to 70.5% as capacity increased by 7.8%.

General Manager Network Revenue Ian Shiu said: "Our passenger and cargo revenue remained relatively robust in January and February. Given the current world economic situation however, we are monitoring demand in our key markets closely."

TRAFFIC

February 2001

% change
vs Feb 2000

Cumulative
Jan - Feb 2001

Cumulative
Jan - Feb 2000

% change

RPK (000)

- Europe

805,210
-0.8%
1,742,894
1,694,996
2.8%

- Pacific and South Africa

1,345,375
-7.4%
3,108,352
3,107,295
0.0%

- North Asia

594,246
1.0%
1,209,829
1,091,748
10.8%

- Southeast Asia and Middle East

637,097
-7.0%
1,391,142
1,364,189
2.0%

RPK Total (100)

3,381,928
-4.4%
7,452,218
7,258,227
2.7%

Pax carried

871,191
-5.6%
1,862,944
1,826,211
2.0%

Cargo and mail tonne km (000)

292,707
6.6%
559,980
552,907
1.3%

Freight carried (000 kg)

55,600
11.5%
105,484
103,060
2.4%

Number of flights

1,971
5.3%
4,129
3,772
9.5%


CAPACITY

February 2001

% change
vs Feb 2000

Cumulative
Jan - Feb 2001

Cumulative
Jan - Feb 2000

% change

ASK (000)

- Europe

1,154,975
4.0%
2,435,239
2,286,623
6.5%

- Pacific and South Africa

2,037,132
2.3%
4,306,827
4,096,762
5.1%

- North Asia

778,643
-2.5%
1,645,115
1,615,443
1.8%

- Southeast Asia and Middle East

1,031,399
13.0%
2,181,265
1,849,542
17.9%

ASK Total (100)

5,002,149
3.9%
10,568,446
9,848,370
7.3%

Pax load factor

67.6%
-5.9pt
70.5%
73.7%
-3.2pt

Available cargo and mail tonne km (000)

432,498
7.2%
883,760
814,568
8.5%

Cargo and mail load factor (000 kg)

67.7%
-0.5pt
63.4%
67.9%
-4.6pt

ATK(000)

908,243
5.4%
1,888,984
1,751,705
7.8%

FOR FURTHER INFORMATION CONTACT:

Rosita Ng, Corp. Communication Manager, External Relations, (852) 2747-5640
Maria Yu, Assistant Corporate Communication Manager, (852) 2747-5363