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Cathay Pacific pax up 3% in Jun-2013 but cargo down 4% in Jun-2013, 14.5 million pax in 1H2013

16-Jul-2013 11:00 AM

Cathay Pacific reports (15-Jul-2013) the following traffic highlights:

  • Jun-2013:
    • Passenger numbers: 2.5 million, +2.9% year-on-year;
    • Passenger traffic (RPKs): +0.2%;
    • Passenger load factor: 84.9%, +2.0 ppts;
    • Capacity (ASKs): -2.1%;
    • Cargo volume: 122,170 tonnes, -4.3%;
    • Cargo load factor: 61.7%, -4.0 ppts;
    • Flights: 5846, +4.9%;
  • Six months ended Jun-2013:
    • Passenger numbers: 14.5 million, +1.3%;
    • Passenger traffic (RPKs): -3.4%;
      • China: +3.1%;
      • Northeast Asia: +6.1%;
      • Southeast Asia: +3.5%;
      • India, Middle East, Pakistan & Sri Lanka: -6.6%;
      • South West Pacific & South Africa: -3.4%;
      • North America: -12.5%;
      • Europe: -1.4%;
    • Passenger load factor: 81.3%, +1.2 ppts;
    • Capacity (ASKs): -4.8%;
    • Cargo volume: 740,551 tonnes, -1.8%;
    • Cargo load factor: 62.4%, -1.9 ppts;
    • Flights: 35,022, +5.1%. [more – original PR]

Cathay Pacific: “As expected, we saw a surge in traffic last month after a quiet May. Demand was high across the network, buoyed by returning schoolchildren on several key routes and the beginning of summer holiday travel. Long-haul routes were particularly busy with high load factors in all classes of travel. We saw some pick-up in the Mainland China market compared to the previous month and demand to Japan was again high as a result of the yen depreciation. Demand in the premium cabins was in line with expectations,” James Tong, Cathay Pacific General Manager Revenue Management. Source: Company statement, 15-Jul-2013.