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Cathay Pacific releases February 2005 traffic figures

10 Mar 2005


Cathay Pacific Airways today released traffic figures for February 2005 that reflect the seasonal influence of the Chinese New Year holiday.

The airline carried 1,158,154 passengers in February, a 24.1 percent rise from the same month last year, yet down slightly on 1,206,784 passengers carried this January. The average passenger load factor was 77.4 percent.

At the same time it carried 73,420 tonnes of cargo, down from 74,929 tonnes the month before. Cargo shipments are traditionally slower around the holiday period as businesses take an extended break, but recover soon after.

Cumulative figures for the first two months, which generally iron out distortions created by holiday, show a 14.7 percent increase in the number of passengers carried and a 1.2 percent increase in cargo. Much of this growth reflects the airline’s continued investment to expand the fleet and increase services to strengthen Hong Kong as a hub.

The passenger load factor for the first two-months was 78.5 percent, up 2.4 percentage points over the same period last year – good in view of a corresponding 12 percent increase in capacity, measured in terms of Available Seat Kilometres.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: “It was a good Chinese New Year, and we set a new one-day passenger record of 51,738 on 13 February, the last travel day of the holiday. February’s passenger total dipped below that for January because the month was shorter by three days, but, overall, business was good, supported by strong corporate travel”

Cathay Pacific Director & General Manager Cargo Ron Mathison said: “As expected, business over the Chinese New Year holiday was slower, but has since rebounded again as shippers try to catch up with backlogged orders. Trunk routes to North America and Europe are very busy and our outlook remains good."

Full February 2005 figures are on the following page.

TRAFFIC Feb 2005 % change
vs Feb 04
Cumulative
Feb 2005
Cumulative
Feb 2004
% change
RPK (000)
- North Asia762,544 49.0%1,479,749 1,177,339 25.7%
- South East Asia and Middle East 913,827 16.4%1,885,044 1,734,967 8.7%
- Europe977,099 4.6%2,130,894 1,955,780 9.0%
- South West Pacific & South Africa934,865 28.6%2,051,250 1,626,346 26.1%
- North America 1,194,059 11.2%2,638,354 2,316,647 13.9%
RPK Total (000) 4,782,394 18.6%10,185,291 8,811,079 15.6%
Passengers carried 1,158,154 24.1%2,364,938 2,061,597 14.7%
Cargo and mail tonne km (000) 448,914 -0.3%911,718 859,385 6.1%
Freight carried (000 kg) 73,420 -4.6%148,349 146,602 1.2%
Number of flights 2,481 7.4%5,128 4,860 5.5%

CAPACITY Feb 2005 % change
vs Feb 04
Cumulative
Feb 2005
Cumulative
Feb 2004
% change
ASK (000)
- North Asia1,008,080 10.1%2,069,398 1,950,720 6.1%
- South East Asia and Middle East 1,302,489 10.6%2,730,289 2,471,785 10.5%
- Europe1,152,882 -0.8%2,434,425 2,402,702 1.3%
- South West Pacific & South Africa 1,181,845 18.7%2,507,328 2,058,850 21.8%
- North America1,532,704 18.4%3,227,256 2,693,547 19.8%
ASK Total (000) 6,178,000 11.4%12,968,696 11,577,604 12.0%
Passenger load factor 77.4% 4.7pt78.5% 76.1% 2.4pt
Available cargo/mail tonne km (000) 701,343 7.3%1,459,124 1,342,623 8.7%
Cargo and mail load factor 64.0% -4.9pt62.5% 64.0% -1.5pt
ATK(000) 1,288,976 9.1%2,692,778 2,444,183 10.2%