Cathay Pacific passenger numbers down 2.8% in Mar-2011

Cathay Pacific passenger numbers down 2.8% - traffic highlights in Mar-2011:

• Passenger numbers: 2.2 million, -2.8% year-on-year;
• Passenger traffic (RPKs): -1.6%;
  • China: -5.5%;
  • Northeast Asia: -11.6%;
  • Southeast Asia: +9.3%;
  • India, Middle East, Pakistan and Sri Lanka: -4.2%;
  • Europe: -1.8%;
  • Southwest Pacific and South Africa: -19.9%;
  • North America: +12.9%;
• Passenger load factor: 76.9%, -8.8 ppts;
• Cargo volume: +1.4%;
• Cargo load factor: 71%, -10.7 ppts. [more]

Cathay Pacific: "Although premium demand remained firm in most markets, the slump in demand on all our Japanese routes is evident. North American and Southeast Asian markets remained strong, although it was a challenging month for the economy-class cabins on European and Southwest Pacific routes, affected to some extent by an Easter seasonality shift as well as heightened competition. China markets remain encouragingly strong overall, although we face revenue challenges specifically on the Shanghai routes off a very high base in 2010," Tom Owen, Cathay Pacific General Manager Revenue Management. Source: Cathay Pacific, 14-Apr-2011.