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Cathay Pacific releases May traffic figures

17 Jun 2002


Cathay Pacific Airways today released traffic figures for May 2002 showing good growth in cargo volumes and a smaller increase in its passenger business. The airline carried 972,925 passengers and 66,430 tonnes of cargo in May, up 2.1% and 21.0% respectively from the same month last year.

Cumulative figures for the year to date show a 12.1% increase in cargo traffic and a small but positive 0.6% rise in the number of passengers who travelled with the airline.

The passenger load factor was 74.4%, a 6.5% increase from May last year. Good traffic growth was seen on European, Southeast Asian and Middle East routes. Demand on trans-Pacific routes is recovering more slowly.

The volume of cargo and mail carried, measured in cargo tonne kilometres, increased by 18.4%. Growth continues to be fuelled by strong demand for exports to the United States. The cargo load factor for the month was 69.5%, up 6.8% on May 2001.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The surge in exports is sustaining the recovery in cargo volumes. Passenger traffic has also recovered but business travel demand remains relatively weak, and yields are still soft."

TRAFFIC

May 2002

% change
vs May 01

Cumulative
May 2002

Cumulative
May 2001

% change

RPK (000)

- Europe

891,811
6.3%
4,475,563
4,549,126
-1.6%

- Pacific and South Africa

1,412,938
-9.3%
7,630,991
7,898,575
-3.4%

- North Asia

586,199
0.7%
3,068,088
3,084,827
-0.5%

- Southeast Asia and Middle East

812,495
7.9%
4,008,447
3,758,704
6.6%

RPK Total (000)

3,703,443
-0.8%
19,183,830
19,291,232
-0.6%

Pax carried

972,925
2.1%
4,922,818
4,891,574
0.6%

Cargo and mail tonne km (000)

355,820
18.4%
1,680,450
1,524,954
10.2%

Freight carried (000 kg)

66,430
21.0%
317,176
282,832
12.1%

Number of flights

2,179
-2.2%
10,619
10,811
-1.8%

 

CAPACITY

May 2002

% change
vs May 01

Cumulative
May 2002

Cumulative
May 2001

% change

ASK (000)

- Europe

1,095,293
-5.7%
5,327,351
6,095,240
-12.6%

- Pacific and South Africa

1,840,250
-17.9%
9,221,979
25,334,805
-16.0%

- North Asia

906,281
3.7%
4,427,699
4,226,195
4.8%

- Southeast Asia and Middle East

1,136,971
-6.8%
5,571,162
5,782,189
-3.6%

ASK Total (000)

4,978,795
-9.4%
24,548,191
27,083,275
-9.4%

Passenger load factor

74.4%
6.5pt
78.1%
71.2%
6.9pt

Available cargo/mail tonne km (000)

511,747
6.8%
2,421,318
2,359,669
2.6%

Cargo and mail load factor

69.5%
6.8pt
69.4%
64.6%
4.9pt

ATK(000)

985,404
-1.6%
4,756,810
4,935,833
-3.6%