Cathay Pacific pax up 4% with 87% load factor in Aug-2014, cargo up 20%

Cathay Pacific reports (15-Sep-2014) the following traffic highlights in Aug-2014:

• Passenger numbers: 2.8 million, +3.6% year-on-year;
• Passenger traffic (RPKs): +7.7%;
• • China: -4.5%;
  • Northeast Asia: +8.4%;
  • Southeast Asia: -1.6%;
  • India, Middle East, Pakistan & Sri Lanka: +6.5%;
  • South West Pacific & South Africa: +9.9%;
  • North America: +24.4%;
  • Europe: -4.1%;
• Passenger load factor: 87.2%, +0.5 ppt;
• Capacity (ASKs): +7.1%;
• Cargo volume: 146,955 tonnes, +19.7%;
• Cargo load factor: 62.5%, +3.8 ppts;
• Flights: 6522, +5.2%. [more - original PR]

Cathay Pacific: "August was the busiest month of the year so far for our passenger business with new highs recorded for passenger volumes on both Cathay Pacific and Dragonair. Demand on long-haul routes was strong throughout August and our business to and from North America was helped by the introduction of additional frequencies on the Chicago route. We saw an encouraging pick-up in demand to Bangkok, but Korea remained the most popular destination for leisure travellers out of Hong Kong. Demand in the premium cabins continued to be ahead of expectations," Patricia Hwang, Cathay Pacific General Manager Revenue Management. Source: Company statement, 15-Sep-2014.