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Cathay Pacific pax numbers up 6.8% in May-2012, cargo volume down 10.6%

15-Jun-2012 11:00 AM

Cathay Pacific reports (14-Jun-2012) the following traffic highlights in May-2012:

Cathay Pacific: “Demand on the passenger side remained robust throughout May, boosted by the enhancement of both Cathay Pacific and Dragonair’s regional services. Dragonair added four new destinations to its network in May. We continued to see a decline in yield in the Economy Class cabin on most routes. Business in the premium cabins is now being affected by a fall in yield and a lack of growth in volumes,” James Tong, GM revenue management. Source: Company statement, 14-Jun-2012.