Cathay Pacific Group Releases Combined Traffic Figures For May 2019

Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2019 that show an increase in the number of passengers carried and a drop in cargo and mail uplifted compared to the same month in 2018.

Cathay Pacific and Cathay Dragon carried a total of 2,961,491 passengers last month - an increase of 4.7% compared to May 2018. The passenger load factor increased 0.9 percentage points to 82.9%, while capacity, measured in available seat kilometres (ASKs), increased by 6.6%. In the first five months of 2019, the number of passengers carried grew by 4.1% while capacity increased by 6.5%.

The two airlines carried 168,270 tonnes of cargo and mail last month, a drop of 3.9% compared to the same month last year. The cargo and mail load factor fell by 4.7 percentage points to 63.9%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 4.6% while cargo and mail revenue freight tonne kilometres (RFTKs) dropped by 2.6%. In the first five months of 2019, the tonnage fell by 5.0% against a 1.0% increase in capacity and a 5.3% decrease in RFTKs.

Cathay Pacific Director Commercial and Cargo Ronald Lam said: "Overall passenger demand was strong in May. Growth in travel volume outpaced increases to capacity, though yield remained under pressure due to intense competition. Japan in particular generated strong revenue growth, capitalising on the long Golden Week holiday during the first half of May."

"However, whilst we have seen solid improvement in the first half driven by a good first quarter, our passenger revenue outlook for the coming few months has shown signs of slowdown. With declining travel demand in the market, especially to and from our long-haul destinations, overall yield has come under tremendous pressure."

"Our cargo business continued to be adversely affected by geopolitical tensions and resulting dampened market sentiment. Despite positive capacity growth in May, cargo revenue saw negative growth over last year. Both volume and yield incurred decline year-on-year. We shall remain vigilant in order to best match our capacities to changes in market demand and trade flow."

國泰集團公布2019年5月份客、貨運量數據

國泰航空集團今天公布國泰航空與國泰港龍航空於2019年5月份合併結算的客、貨運量。數據顯示，5月份的載客量較去年同期有所增長，惟貨物及郵件運載量則下跌。

兩航空公司在5月份合共載客二百九十六萬一千四百九十一人次，較2018年5月增加4.7%，乘客運載率微升0.9個百分點至82.9%，以可用座位千米數計算的運力則上升6.6%。今年首五個月的載客量上升4.1%，而運力則增加6.5%。

兩航空公司上月運載的貨物及郵件合共十六萬八千二百七十公噸，較去年同期減少3.9%，而運載率下跌4.7個百分點至63.9%。以可用貨物及郵件噸千米數計算的運力上升4.6%，而貨物及郵件收入噸千米數的跌幅為2.6%。今年首五個月的載貨量減少5%，運力上升1.0%，而貨物及郵件收入噸千米數則下跌5.3%。

國泰航空商務及貨運董事林紹波表示：「五月整體客運需求強勁。客運量領先運力增長，惟受激烈競爭影響，收益率仍然受壓。日本市場受惠五月上旬黃金周長假期，收益增長尤為顯著。

「上半年業務在首季的理想表現推動下有實際改善，然而，未來數月的客運收益有放緩跡象。市場對旅遊需求下降，尤以長途航綫為甚，令整體收益率嚴重受壓。

「我們的貨運業務繼續受到地緣政治局勢緊張及市場氣氛轉弱的不利影響。雖然五月運力有所上升，但貨運收益比去年同期減少。貨運量及收益率均按年下跌。我們會繼續密切監察，務求有效地因應市場需求及貿易走勢的轉變來配合運力。」