Cathay Pacific pax and cargo up 2% with 87% pax load factor in Jan-2017

Cathay Pacific reported (15-Feb-2017) the following traffic highlights in Jan-2017:

• Passenger numbers: 3.0 million, +2.4% year-on-year;
• Passenger traffic (RPKs): +1.9%;
• • China: +4.8%;
  • Northeast Asia: +9.4%;
  • Southeast Asia: +1.5%;
  • India, Middle East, Pakistan & Sri Lanka: -14.4%;
  • South West Pacific & South Africa: -3.9%;
  • North America: -0.2%;
  • Europe: +10.8%;
• Passenger load factor: 86.5%, +0.5 ppt;
• Capacity (ASKs): +1.3%;
• Cargo volume: 151,133 tonnes, +2.3%;
• Cargo load factor: 61.9%, +0.3 ppt;
• Flights: 6807, +1.2%. [more - original PR]

Cathay Pacific: "We got off to a solid start in 2017. Tonnage grew ahead of capacity and showed an increase over the same month last year. We saw a good rebound in demand from Hong Kong, Mainland China and various key Asian markets. Yield was sustained through a better mix of priority and special shipments. There was also robust demand for fresh produce and seafood across the network. We operated a number of extra-sector freighters to the Americas, Europe and India in January, while cutting back on capacity in February to adapt to Chinese New Year’s January start." Source: Company Statement, 15-Feb-2017.