|FOR IMMEDIATE RELEASE||17 December 2002|
Cathay Pacific Airways today released traffic figures for the month of November 2002 that show a slight slowdown in growth for both the airline's cargo and passenger operations.
In November 2002, Cathay Pacific carried 992,738 passengers, a 23.5% increase over the same month last year, though down from the 1,054,931 passengers carried in October 2002. November's passenger load factor also eased to 73.4%, down 2.4 percentage points from the previous month.
The airline carried 83,720 tonnes of cargo in November, up 12.6% from the same month a year ago, but slightly down from the 85,214 tonnes shipped in October.
Cumulative figures for the first eleven months of the year show a 9.1% increase in passenger numbers and a 16.3% increase in cargo tonnage, compared to the same period in 2001.
Cathay Pacific General Manager Revenue Management, Sales and Distribution Ian Shiu said: "There has been no real change on recent trends: demand in November held up well even though it is not a peak travel period and business has yet to recover in First and Business Class sales."
Cathay Pacific General Manager Cargo Kenny Tang added: "There was continued demand on routes to the US in the run-up to their Thanksgiving holiday. Even though, overall, business was a little slower we are still running ahead of our target."
Full November 2002 figures are on the following page.
|TRAFFIC||Nov 2002||% change|
vs Nov 01
|- Pacific and South Africa||1,785,696||34.7%||17,812,226||16,472,245||8.1%|
|- North Asia||605,094||30.0%||6,954,226||6,495,382||7.1%|
|- Southeast Asia and Middle East||781,014||21.4%||9,148,095||7,860,217||16.4%|
|RPK Total (000)||4,085,496||27.9%||44,512,889||40,866,257||8.9%|
|Cargo and mail tonne km(000)||506,720||9.5%||4,415,607||3,895,484||13.4%|
|Number of flights||2,388||12.9%||24,670||23,893||3.3%|
|CAPACITY||Nov 2002||% change|
vs Nov 01
|- Pacific and South Africa||2,326,991||29.1%||22,203,451||22,987,795||-3.4%|
|- North Asia||918,085||7.6%||10,048,667||9,380,815||7.1%|
|- Southeast Asia and Middle East||1,205,875||20.6%||12,797,049||12,459,274||2.7%|
|ASK Total (000)||5,566,700||18.5%||57,205,610||57,565,134||-0.6%|
|Passenger load factor||73.4%||5.4pt||77.8%||71.0%||6.8pt|
|Available cargo/mail tonne km (000)||662,516||7.1%||6,173,122||5,744,630||7.5%|
|Cargo and mail load factor||76.5%||1.7pt||71.5%||67.8%||3.7pt|
* AHK European routes are included and traffic statistics figures are restated from July 2001 for comparison purpose.
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