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Cathay Pacific, ANA and Singapore Airways report January traffic

Analysis

Asia Pacific carriers reported encouraging traffic for the first month of 2011, with All Nippon Airways, Cathay Pacific and Singapore Airlines all announcing January traffic results. Cathay Pacific noted premium traffic volumes remain steady, while leisure traffic spiked on regional routes. Shares in Cathay Pacific were down 3.4%, while All Nippon Airways eased 1% and Singapore Airlines edged up 0.3%.

Cathay Pacific Jan-2011 passenger traffic:

Singapore Airlines Jan-2011 passenger traffic:

  • Passenger numbers: 1.4 million, +3.2% year-on-year;
  • Passenger load factor: 78.1%, -1.0 ppts;
    • East Asia: 73.4%, +1.5 ppts;
    • Americas: 77.3%, -2.9 ppts;
    • Europe: 77.8%, -3.5 ppts;0
    • South West Pacific: 85.9%, +0.2 ppt;
    • West Asia and Africa: 75.3%, +0.1 ppt;

ANA Group Jan-2011 international passenger traffic:

  • Passenger numbers:
    • Domestic: 3.0 million, +1.5% year-on-year;
    • International: 435,077, +6%;
  • Passenger load factor:
    • Domestic: 55.7%, -1.2 ppts;
    • International: 69.5%, -8.1 ppts;

Selected APAD daily share price movements (% change): 15-Feb-2011

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