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Cathay Pacific pax up but cargo down 11.9% in Dec-2011; 27.6 million pax in 2011

17-Jan-2012 11:26 AM

Cathay Pacific reports (16-Jan-2012) the following traffic highlights:

  • Dec-2011:
  • 12 months ended Dec-2011:
    • Passenger numbers: 27.6 million, +2.9%;
    • Passenger traffic (RPKs): +5.1%;
      • China: +0.6%;
      • Northeast Asia: -6.6%;
      • Southeast Asia: +11.6%;
      • India, Middle East, Pakistan & Sri Lanka: stable;
      • Europe: +4.7%;
      • South West Pacific & South Africa: -1.0%;
      • North America: +15%;
    • Passenger load factor: 80.4%, -3.0 ppts;
    • Cargo volume: 1.6 million tonnes, -8.6%;
    • Cargo load factor: 67.2%, -8.5 ppts. [more – original PR]

Cathay Pacific: “December was a relatively strong month in terms of the number of people flying, with passenger growth almost keeping pace with capacity growth. Demand was strong over the Christmas peak and premium traffic held up well. The biggest area of concern was the continuing pressure on yield in the Economy cabin, particularly on long-haul routes. We’ll be seeing high loads again over the upcoming Chinese New Year peak but yield will remain an area of concern,” General manager revenue management, James Tong. Source: Company statement, 16-Jan-2012.