Jump to main content

Cathay Pacific releases combined traffic figures for August 2012

13 Sep 2012

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for August 2012 that show an increase in the number of passengers carried alongside a drop in the passenger load factor. The amount of cargo and mail carried showed another year-on-year decline.

Cathay Pacific and Dragonair carried a total of 2,610,150 passengers in August – up 4.0% on the same month in 2011 – while the passenger load factor dropped by 1.1 percentage points to 83.1%. Capacity for the month, measured in available seat kilometres (ASKs), rose by 3.0%. For the year to date, passenger numbers have risen by 6.7% compared to a capacity increase of 5.8%.

The two airlines carried 122,351 tonnes of cargo and mail last month, a drop of 6.9% compared to August 2011. The cargo and mail load factor was down by 3.0 percentage points to 61.9%. Capacity, measured in available cargo/mail tonne kilometres, decreased by 6.1%, while cargo and mail tonne kilometres flown dropped by 10.4%. For the year to date, tonnage has declined by 9.6% against a capacity drop of 5.5%.

Cathay Pacific General Manager Revenue Management James Tong said: “While the overall load factor on the passenger side was above 80%, it dropped below last year’s level in both months of the summer peak. A number of typhoons in the region impacted on our business in August, while the Olympics dampened demand to London. We also operated fewer extra sectors over the summer than in 2011. Yield remained under pressure in all cabins.”

Cathay Pacific General Manager Cargo Sales & Marketing James Woodrow said: “Demand in the cargo markets is traditionally weak in August and this year was no exception. We saw a decline in tonnage compared to the same month in 2011, when demand had already seen a significant falloff, and our load factor was down despite the reduction in capacity. We expect to see some increase in demand from mid-September onwards, driven by the shipment of hi-tech products from the key manufacturing centres in Mainland China.”

CATHAY PACIFIC / DRAGONAIR
COMBINED TRAFFIC
Aug2012 % change vs Aug11 Cumulative Aug2012 % change
YTD

RPK (000)
China 734,744 1.8% 5,311,627 7.8%
North East Asia 1,174,062 11.6% 8,210,674 14.5%
South East Asia 1,335,767 11.6% 9,455,345 7.5%
India, Middle East, Pakistan & Sri Lanka 663,429 -7.0% 5,663,856 -1.2%
South West Pacific & South Africa 1,116,250 -5.0% 9,360,117 0.0%
North America 2,551,041 4.7% 20,085,131 10.5%
Europe 1,640,699 -7.5% 12,415,079 -1.9%
RPK Total (000) 9,215,992 1.6% 70,501,829 5.5%
Passengers carried 2,610,150 4.0% 19,427,666 6.7%
Cargo and mail tonne km (000) 701,874 -10.4% 5,746,300 -10.6%
Cargo and mail carried (000Kg) 122,351 -6.9% 1,001,596 -9.6%
Number of flights 5,899 7.4% 45,042 6.9%
CATHAY PACIFIC / DRAGONAIR COMBINED CAPACITY Aug2012 % change
vs Aug2011
Cumulative
Aug2012
% change
YTD

ASK (000)
China 945,253 8.1% 7,220,499 7.9%
North East Asia 1,490,804 18.8% 11,228,344 12.7%
South East Asia 1,635,444 14.4% 11,797,060 11.7%
India, Middle East, Pakistan & Sri Lanka 879,924 -10.6% 7,360,670 -2.3%
South West Pacific & South Africa 1,431,320 -7.1% 12,373,500 -1.2%
North America 2,854,142 5.5% 22,896,787 12.9%
Europe 1,857,983 -6.1% 14,584,072 -3.5%
ASK Total (000) 11,094,870 3.0% 87,460,932 5.8%
Passenger load factor 83.1% -1.1pt 80.6% -0.2pt
Available cargo and mail tonne km (000) 1,133,000 -6.1% 8,974,665 -5.5%
Cargo and mail load factor 61.9% -3.0pt 64.0% -3.7pt
ATK (000) 2,187,976 -1.9% 17,291,718 -0.4%