FOR IMMEDIATE RELEASE | 12 April 2007 |
Cathay Pacific Airways today released traffic figures for March 2007 that show the combined Cathay Pacific/Dragonair passenger numbers and load factor rising over the same month in 2006, while the amount of cargo carried slipped back marginally year on year.
The two airlines together carried a total of 1,866,092 passengers in March, marking a rise of 2.7% on the previous year. The load factor for the month was 79.7%, up 3.7 percentage points on 2006, and there was also a climb in capacity - measured in available seat kilometres (ASKs) - of 1.5%. For the year to date, the number of passengers carried is up 0.7% compared to an ASK rise of 2.1%.
The amount of cargo carried by Cathay Pacific and Dragonair in March fell by 2.0% year on year to 140,002 tonnes while the cargo load factor dipped by almost 4 percentage points. Capacity for the two carriers, measured in available cargo and mail tonne kilometres, rose by 4.2% over the same month last year, while capacity for the year to date is up by the same amount.
Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "March fell between two major public holidays in Hong Kong this year - Chinese New Year and Easter - yet our passenger business held up very well. We are particularly encouraged by the number of front-end travellers, reflecting the positive sentiment in the Hong Kong business community at the moment, and the outlook remains positive through to the summer peak."
Cathay Pacific Director & General Manager Cargo Ron Mathison said: "Weak demand in the cargo market continued through March and for the first quarter we saw a dip in our cargo load factor and tonnage carried. There was no significant pickup following the Chinese New Year holidays and in March we saw a falloff in demand out of our key Hong Kong and Chinese Mainland markets as a result of more cargo moving by ocean instead of air."
The full figures are as below:
CATHAY PACIFIC/DRAGONAIR COMBINED TRAFFIC | MAR 2007 | % Change VS MAR 06 Note (i) |
% Change VS MAR 06 Note (ii) |
Cumulative MAR 2007 |
% Change YTD Note (i) |
% Change YTD Note (ii) |
RPK (000) | ||||||
- China | 427,742 | 1092.0% | -4.9% | 1,212,482 | 1011.0% | -3.9% |
- North East Asia | 931,787 | 19.5% | 3.0% | 2,659,126 | 16.3% | 0.1% |
- South East Asia & Middle East | 1,249,040 | 9.7% | 5.7% | 3,565,174 | 8.9% | 4.7% |
- Europe | 1,386,893 | 11.9% | 11.9% | 3,808,087 | 6.5% | 6.5% |
- South West Pacific & South Africa | 1,016,879 | 9.7% | 9.7% | 3,143,160 | 4.4% | 4.4% |
- North America | 1,765,684 | 6.3% | 6.3% | 4,886,679 | 1.2% | 1.2% |
RPK Total (000) | 6,778,025 | 17.2% | 6.5% | 19,274,708 | 12.8% | 2.9% |
Passengers carried | 1,866,092 | 36.6% | 2.7% | 5,316,701 | 32.3% | 0.7% |
Cargo and mail tonne km (000) | 747,301 | 20.9% | -1.4% | 1,996,010 | 20.4% | -0.2% |
Freight carried (000kg) | 140,002 | 31.3% | -2.0% | 372,560 | 30.9% | -1.2% |
Number of flights | 4,711 | 56.6% | -0.5% | 13,603 | 56.7% | 0.2% |
CATHAY PACIFIC/DRAGONAIR COMBINED CAPACITY | MAR 2007 | % Change VS MAR 06 Note (i) |
% Change VS MAR 06 Note (ii) |
Cumulative MAR 2007 |
% Chang YTD Note (i) |
% Change YTD Note (ii) |
ASK (000) | ||||||
- China | 678,031 | 938.1% | -5.7% | 1,963,673 | 928.0% | -4.4% |
- North East Asia | 1,276,085 | 16.7% | 1.7% | 3,765,533 | 17.5% | 1.6% |
- South East Asia & Middle East | 1,619,877 | 6.3% | 2.2% | 4,813,591 | 7.6% | 3.2% |
- Europe | 1,611,247 | 7.6% | 7.6% | 4,614,516 | 8.0% | 8.0% |
- South West Pacific & South Africa | 1,293,774 | 0.2% | 0.2% | 3,859,305 | 1.3% | 1.3% |
- North America | 2,020,819 | -0.2% | -0.2% | 5,868,856 | -0.1% | -0.1% |
ASK Total (000) | 8,499,833 | 13.4% | 1.5% | 24,885,474 | 14.0% | 2.1% |
Passenger load factor | 79.7% | 2.6pt | 3.7pt | 77.5% | -0.7pt | 0.7pt |
Available cargo/mail tonne km (000) | 1,105,146 | 26.4% | 4.2% | 3,089,564 | 24.6% | 4.2% |
Cargo and mail load factor | 67.6% | -3.1pt | -3.9pt | 64.6% | -2.2pt | -2.8pt |
ATK (000) | 1,913,404 | 20.6% | 3.1% | 5,455,997 | 19.7% | 3.2% |
Note:(i) Comparative figures excluding Dragonair 2006 traffic / capacity
 (ii) Comparative figures including Dragonair 2006 traffic / capacity
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