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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 13 November 2007

Cathay Pacific Releases Combined Traffic Figures for October 2007

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for October 2007 that show a healthy growth in both passenger numbers and cargo tonnage for the month.

In October the two airlines carried a total of 2,038,077 passengers, a rise of 6.8% on the same month last year. The passenger load factor climbed by 2.3 percentage points to 80.8% while capacity, measured in available seat kilometres (ASKs), was up 4.4%. For the year to date, the 3.0% increase in passenger numbers is ahead of a capacity rise of 1.8%

On the cargo side, Cathay Pacific and Dragonair between them carried a total of 153,549 tonnes of freight last month, a rise of 6.6% year on year. October's capacity was up 8.3%, while the cargo and mail load factor dipped by 1.0 percentage points to 68.8%. So far this year cargo tonnage has risen by 3.0% against a capacity rise of 6.9%.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "It was another high load factor in October and our passenger numbers were boosted by additional flights to destinations such as Melbourne and San Francisco. Front-end business, especially on long-haul routes, remained strong, as it has throughout 2007. Capacity is set to climb further in the coming months, with more new aircraft and further flight enhancements, but we expect passenger demand to remain high."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "October saw another healthy tonnage growth, boosted once again by demand out of Mainland China and heavy traffic on routes such as Australia and India. As we moved into the seasonal peak there were indications that we could see a big pickup in demand, though Northeast Asia remains a concern with yields still under considerable pressure."

The full figures are on the next page.

CATHAY PACIFIC/DRAGONAIR COMBINED TRAFFIC OCT 2007 % Change
VS
OCT 06
Note (i)
% Change
VS
OCT 06
Note (ii)
Cumulative
OCT 2007
% Change
YTD
Note (i)
% Change
YTD
Note (ii)
RPK (000)
- China 549,643 1036.7% 4.2% 4,760,038 1046.8% -0.2%
- North East Asia 937,290 15.8% 0.4% 9,332,631 18.5% 2.1%
- South East Asia & Middle East 1,320,174 15.0% 12.0% 12,537,821 9.8% 5.9%
- Europe 1,496,806 3.4% 3.4% 13,739,296 2.1% 2.1%
- South West Pacific & South Africa 1,038,085 8.4% 8.4% 9,608,103 5.3% 5.3%
- North America 1,804,587 12.2% 12.2% 17,150,652 2.6% 2.6%
RPK Total (000) 7,146,585 18.7% 7.4% 67,128,541 13.8% 3.2%
Passengers carried 2,038,077 44.6% 6.8% 19,114,123 37.9% 3.0%
Cargo and mail tonne km (000) 841,905 28.7% 6.9% 7,224,562 24.7% 2.8%
Freight carried (000kg) 153,549 41.7% 6.6% 1,341,179 36.8% 3.0%
Number of flights 4,949 61.8% 3.4% 47,161 59.7% 1.3%

CATHAY PACIFIC/DRAGONAIR COMBINED CAPACITY OCT 2007 % Change
VS
OCT 06
Note (i)
% Change
VS
OCT 06
Note (ii)
Cumulative
OCT 2007
% Change
YTD
Note (i)
% Change
YTD
Note (ii)
ASK (000)
- China 743,602 1013.5% 0.0% 7,024,555 992.1% -2.1%
- North East Asia 1,276,721 16.1% 0.7% 12,766,503 17.9% 2.2%
- South East Asia & Middle East 1,651,805 5.3% 2.2% 16,025,208 5.3% 1.1%
- Europe 1,695,163 1.1% 1.1% 16,385,869 3.9% 3.9%
- South West Pacific & South Africa 1,275,148 11.0% 11.0% 11,797,258 1.9% 1.9%
- North America 2,204,749 9.2% 9.2% 20,257,122 2.0% 2.0%
ASK Total (000) 8,847,188 16.7% 4.4% 84,256,515 14.0% 1.8%
Passenger load factor 80.8% 1.4pt 2.3pt 79.7% -0.1pt 1.1pt
Available cargo/mail tonne km (000) 1,223,144 28.3% 8.3% 10,912,690 28.2% 6.9%
Cargo and mail load factor 68.8% 0.2pt -1.0pt 66.2% -1.9pt -2.7pt
ATK (000) 2,064,341 23.3% 6.7% 18,924,184 21.8% 4.7%

Note:(i)   Comparative figures exclude Dragonair Jan-Oct 2006
        (ii)   Comparative figures include Dragonair


Source: Cathay Pacific Airways Limited
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