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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 10th January 2008

Cathay Pacific Releases Combined Traffic Figures for December 2007

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for December 2007 that show a double-digit growth in passenger numbers over the same month last year. Cargo tonnage also grew, but again lagged behind the growth in capacity.

In December the two airlines carried a total of 2,117,307 passengers, up 10.4% on December 2007, with the load factor rising by 1.4 percentage points to 80.8%. The capacity for the month, measured in available seat kilometres (ASKs), rose by 8.6%. For 2007 as a whole, Cathay Pacific and Dragonair carried 23,253,427 passengers - 4.3% more than in the previous year - while capacity rose by 2.8%.

The two airlines carried a total of 147,800 tonnes of freight last month, a rise of 2.9% year on year, while the cargo and mail load factor remained static at 68.6%. Capacity for December rose by 6.9% - the same figure as for the year as a whole. In 2007 the airlines saw tonnage growth of 3.0% over 2006 to 1,641,853 tonnes.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The robust growth in passenger traffic continued in December and a very busy holiday peak brought a strong year to a satisfactory close. We expect business to remain steady and bookings are healthy through the next peak at Chinese New Year."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "After a generally lacklustre year for the airfreight business, this year's seasonal peak was stronger and more prolonged than expected. We were pleased to see tonnage growth of 2.9% for the month, which again was driven by high demand for products manufactured in Mainland China."

CATHAY PACIFIC / DRAGONAIR COMBINED TRAFFIC DEC 2007 % Change
VS
DEC 06
Note (i)
% Change
VS
DEC 06
Note (ii)
Cumulative
DEC 2007
% Change
YTD
Note (i)
% Change
YTD
Note (ii)
RPK (000)
- China 493,987 1029.9% 8.0% 5,784,567 1048.3% 1.2%
- North East Asia 1,031,447 26.1% 12.0% 11,310,903 19.4% 3.3%
- South East Asia & Middle East 1,422,282 2.8% -0.4% 15,263,532 9.1% 5.3%
- Europe 1,366,489 9.7% 9.7% 16,423,281 3.3% 3.3%
- South West Pacific & South Africa 1,278,463 4.4% 4.4% 11,920,074 4.6% 4.6%
- North America 2,019,763 25.1% 25.1% 21,098,400 6.0% 6.0%
RPK Total (000) 7,612,431 20.2% 10.5% 81,800,757 14.9% 4.4%
Passengers carried 2,117,307 41.6% 10.4% 23,253,427 39.0% 4.3%
Cargo and mail tonne km (000) 833,324 29.0% 6.8% 8,900,238 25.4% 3.4%
Freight carried (000kg) 147,800 35.8% 2.9% 1,641,853 37.0% 3.0%
Number of flights 4,928 58.2% 3.7% 56,877 59.8% 1.7%

CATHAY PACIFIC/DRAGONAIR COMBINED CAPACITY DEC 2007 % Change
VS
DEC 06
Note (i)
% Change
VS
DEC 06
Note (ii)
Cumulative
DEC 2007
% Change
YTD
Note (i)
% Change
YTD
Note (ii)
ASK (000)
- China 672,576 693.0% -9.3% 8,401,361 964.3% -2.9%
- North East Asia 1,339,192 19.8% 4.9% 15,363,518 18.1% 2.6%
- South East Asia & Middle East 1,660,127 1.3% -2.8% 19,220,170 4.6% 0.5%
- Europe 1,652,859 4.5% 4.5% 19,641,315 4.0% 4.0%
- South West Pacific & South Africa 1,500,771 11.1% 11.1% 14,588,677 2.5% 2.5%
- North America 2,599,729 28.6% 28.6% 25,246,749 5.9% 5.9%
ASK Total (000) 9,425,254 20.9% 8.6% 102,461,790 15.0% 2.8%
Passenger load factor 80.8% -0.4pt 1.4pt 79.8% -0.1pt 1.2pt
Available cargo/mail tonne km (000) 1,215,130 28.8% 6.9% 13,334,885 28.3% 6.9%
Cargo and mail load factor 68.6% 0.1pt 0.0pt 66.7% -1.6pt -2.4pt
ATK (000) 2,111,327 25.3% 7.6% 23,077,462 22.3% 5.1%

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


Source: Cathay Pacific Airways Limited
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