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Cathay Pacific Airways Limited


For immediate release 20 August, 2001

Cathay Pacific releases July traffic figures


Cathay Pacific Airways carried substantially fewer passengers and cargo in July compared to a year earlier due to the combined impact of Typhoon Utor and the industrial action by its pilots' union. During the month, the airline carried 851,074 passengers, a decline of 22% compared to the same month last year. The amount of cargo carried was 23% down at 49,735 tonnes.

For the first seven months of the year, total passenger numbers have now declined by 1.5% compared to the same period a year earlier, while freight carried has fallen by 8% reflecting the weak air cargo market. The cargo load factor for the period was 65% compared to 72% a year earlier.

Cathay Pacific's General Manager Network Revenue Ian Shiu said: "Our traffic figures for July are obviously greatly distorted by the impact on our operations of the pilots' industrial action and Typhoon Utor. Nevertheless, even without those factors, global aviation markets are showing clear signs of weakness."



TRAFFIC

July 2001

% change
vs July 2000

Cumulative
Jan - Jul 2001

Cumulative
Jan - Jul 2000

% change

RPK (000)

- Europe

908,151
-19.6%
6,415,947
6,656,464
-3.6%

- Pacific and South Africa

1,382,755
-19.6%
10,937,818
11,052,791
-1.0%

- North Asia

553,292
-19.2%
4,247,362
4,136,474
2.7%

- Southeast Asia and Middle East

619,285
-19.7%
5,157,821
5,040,373
2.3%

RPK Total (100)

3,463,484
-19.6%
26,758,947
26,886,103
-0.5%

Pax carried

851,074
-21.6%
6,742,058
6,842,741
-1.5%

Cargo and mail tonne km (000)

291,621
-16.8%
2,147,765
2,249,450
-4.5%

Freight carried (000 kg)

49,735
-23.3%
389,443
423,082
-8.0%

Number of flights

2,109
2.0%
15,090
13,874
8.8%


CAPACITY

July 2001

% change
vs July 2000

Cumulative
Jan - Jul 2001

Cumulative
Jan - Jul 2000

% change

ASK (000)

- Europe

1,084,836
-13.2%
8,315,179
8,254,381
0.7%

- Pacific and South Africa

1,979,119
-4.6%
15,127,079
14,358,148
5.4%

- North Asia

833,083
-0.3%
5,903,912
5,717,731
3.3%

- Southeast Asia and Middle East

1,090,262
8.1%
8,060,569
6,677,715
20.7%

ASK Total (100)

4,987,300
-3.5%
37,406,739
35,007,975
6.9%

Pax load factor

69.4%
-13.9%
71.5%
76.8%
-5.3pt

Available cargo and mail tonne km (000)

462,485
-3.6%
3,314,405
3,122,473
6.1%

Cargo and mail load factor (000 kg)

63.1%
-10.0pt
64.8%
72.0%
-7.2pt

ATK(000)

936,756
-3.6%
6,872,458
6,453,850
6.5%


Source: Cathay Pacific Airways Limited
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