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17-Jan-2012 11:26 AM

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

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

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.

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