Cathay Pacific passenger numbers up 1.5%

Cathay Pacific passenger numbers up 1.5% - consolidated traffic highlights in Nov-2009:

• Passenger numbers: 2.0 million, +1.5% year-on-year;
• Passenger traffic (RPKs): +2.0%;
  • China: +3.2%;
  • Northeast Asia: -5.2%;
  • Southeast Asia & Middle East: -11.2%;
  • Europe: -1.8%;
  • South West Pacific & South Africa: 0%;
  • North America: +1.8%;
• Passenger load factor: 82.0%, +6.3 ppts;
• Cargo volume: 141,799 tonnes, +7.6%. [more]

Cathay Pacific: "Our overall passenger numbers saw a year-on-year rise in November, mainly driven by demand in our Economy cabins. The rise in passenger numbers was achieved against a fall in capacity, which helped to push up load factors and improve average yields a little off their low base. We were also encouraged to see a modest rise in the number of passengers flying in our premium cabins, though still at volumes and yields well below what we were seeing before the economic crash in late 2008," Tom Owen, General Manager - Revenue Management. Source: Company statement, 10-Dec-2009.