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Cathay Pacific sees improved revenue quality and volumes

15-Nov-2010 11:32 AM

Cathay Pacific announced (12-Nov-2010) the following traffic highlights for Cathay Pacific and Dragonair for Sep-2010:

  • Passengers: 2.3 million, +14.3% year-on-year;
  • Traffic (RPKs): 8311.7 million, +13.8%;
  • Cargo/mail (tonne kilometres): 956.4 million, +24.0%;
  • Passenger load factor (%): 83.2%, +0.9 ppts;
  • Cargo/mail load factor (%): 75.1%, -1.6 ppts. [more]  

Cathay Pacific: "Once again we achieved high load factors across most of our network in October, generating much improved revenue quality and volumes in both the economy and premium cabins over recent years. Benefitting from a significant rise in capacity, passenger demand out of our key Hong Kong market remained robust, while the China market continued to perform strongly, boosted by demand for the last month of the Shanghai Expo and the Canton Trade Fairs," Tom Owen, General Manager Revenue Management. Source: Company Statement, 12-Nov-2010.

Cathay Pacific: "The cargo peak season kicked in last month, with very strong demand out of Hong Kong on all major trunk routes. Demand into Japan and Australia was a high as a result of the strong currencies in both countries, and we put on additional capacity out of Hanoi and Dhaka in response to an increase in export shipments. October saw a big increase in capacity over the same month in 2009, and though back to our full freighter schedule we mounted extra sectors where possible to meet market demand," James Woodrow. General Manager Cargo Sales & Marketing. Source: Company Statement, 12-Nov-2010.