19-Oct-2011 4:03 PM

Cathay Pacific still seeing high passenger levels and yield growth in premium cabins

Cathay Pacific, in the Oct-2011 edition of CXWorld, stated the passenger business is still buoyed by high numbers and yield growth in the premium cabins, “though some banks are already talking about reassessing travel schemes, so we’ll be looking carefully at developments,” general manager revenue management James Tong said. Economy demand has received a boost from the recent public holidays but "revenue is still lagging capacity growth and yield is under continued pressure". [more - original CXWorld Newsletter]