Cathay Pacific passenger numbers down 1.2% in Feb-2011

Cathay Pacific passenger numbers down 1.2% - traffic highlights in Feb-2011:

• Passenger numbers: 2.0 million, -1.2% year-on-year;
• Passenger traffic (RPKs): +0.1%;
  • China: -11%;
  • Northeast Asia: +5.9%;
  • Southeast Asia: +8.5%;
  • India, Middle East, Pakistan and Sri Lanka: -9.3%;
  • Europe: -0.3%;
  • Southwest Pacific and South Africa: -9.1%;
  • North America: +7.6%;
• Passenger load factor: 77.3%, -6.8 ppts;
• Cargo volume: -2.3%;
• Cargo load factor: 67.6%, -9.5 ppts. [more]

Cathay Pacific: "February saw strong leisure demand on many regional routes due to return traffic over the Chinese New Year holiday period. Premium traffic volumes and yield also held up well throughout the month. When the January and February results are combined to remove Chinese New Year distortions, business was in line with expectations. However, there are economy class demand and yield challenges ahead across parts of our network as we continue to grow capacity, particularly on long-haul services," Tom Owen, Cathay Pacific General Manager Revenue Management. Source: Cathay Pacific, 14-Mar-2011.