| 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 | Cumulative Nov 2002 | Cumulative Nov 2001 | % change |
| RPK (000) | |||||
| - Europe | 913,692 | 20.4% | 10,598,342 | 10,038,414 | 5.6% |
| - 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% |
| Passengers carried | 992,738 | 23.5% | 11,216,194 | 10,282,210 | 9.1% |
| Cargo and mail tonne km(000) | 506,720 | 9.5% | 4,415,607 | 3,895,484 | 13.4% |
| Freight Carried(000Kg) | 83,720 | 12.6% | 777,475 | 668,482 | 16.3% |
| Number of flights | 2,388 | 12.9% | 24,670 | 23,893 | 3.3% |
| CAPACITY | Nov 2002 | % change vs Nov 01 | Cumulative Nov 2002 | Cumulative Nov 2001 | % change |
| ASK (000) | |||||
| - Europe | 1,115,749 | 7.0% | 12,156,444 | 12,737,250 | -4.6% |
| - 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 |
| ATK(000) | 1,192,054 | 11.9% | 11,615,319 | 11,220,105 | 3.5% |
* AHK European routes are included and traffic statistics figures are restated from July 2001 for comparison purpose.
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