Cathay Pacific pax down 5% with 84% load factor in Nov-2016, cargo volume up 5%

Cathay Pacific reported (15-Dec-2016) the following traffic highlights in Nov-2016:

• Passenger numbers: 2.6 million, -5.1% year-on-year;
• Passenger traffic (RPKs): -3.9%;
• • China: -8.5%;
  • Northeast Asia: -3.0%;
  • Southeast Asia: -2.8%;
  • India, Middle East, Pakistan & Sri Lanka: -20.4%;
  • South West Pacific & South Africa: -4.0%;
  • North America: -5.2%;
  • Europe: +5.3%;
• Passenger load factor: 83.5%, -1.4 ppts;
• Capacity (ASKs): -2.3%;
• Cargo volume: 167,520 tonnes, +4.6%;
• Cargo load factor: 68.1%, +1.1 ppts;
• Flights: 6128, -4.9%. [more - original PR]

Cathay Pacific: "November saw our tonnage continue to grow, which was backed by strong exports of new products from Mainland China and Hong Kong, as well as special products from Northeast Asia and the Americas. During the peak there were more ocean-to-air conversions. Apart from an increased load factor, yields have also improved month-on-month." Source: Company statement, 15-Dec-2016.