irasia.com

Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 12th January 2004

Cathay Pacific Releases December 2003 Traffic Figures

Cathay Pacific Airways today released traffic figures for December 2003 that show a seasonal boost to the airline's passenger and cargo businesses at the year's end.

In December, the airline carried 1,111,505 passengers, up from 1,002,040 passengers carried in November and a 0.6 percent rise for the month year-on-year. The average passenger load factor was 77.5 percent, unchanged from December 2002. Over the Christmas and New Year period, Cathay Pacific operated 39 extra pairs of flights to meet seasonal demand.

Cumulative figures for the year reflect a robust post-SARS recovery in travel and tourism. The airline carried more than 6 million passengers in the past six months, compared to just over 4 million in the first half of 2003.

Cargo's strong run continued in December, even as the pre-holiday peak came to an end. The airline carried 81,340 tonnes of freight, down from 86,673 tonnes carried in November, yet up 9.9 percent from December 2002.

Total tonnage carried throughout 2003 was down just 0.8 percent from 2002, a creditable performance given the temporary reduction in available cargo capacity during SARS.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "December was a very good month, with pent-up demand for leisure travel over Christmas and the New Year helping us end the year on a high note. Cumulative figures for 2003 show that passenger business recovered quickly to make up a lot of ground lost to SARS."

Cathay Pacific General Manager Cargo Kenny Tang said: "The pre-Christmas peak lasted a little longer than usual on the back of strong demand from the United States and Europe to post almost double-digit growth on same month a year ago. Overall, 2003 was a very encouraging year for cargo and we are well positioned to take advantage of new opportunities in the year ahead."


TRAFFIC Dec 2003 % change
vs Dec 02
Cumulative
Dec 2003
Cumulative
Dec 2002
% change
RPK (000)
- Europe 975,627 9.5% 9,935,698 11,489,668 -13.5%
- Pacific and South Africa 2,039,143 1.3% 18,403,067 19,825,821 -7.2%
- North Asia 633,079 -6.2% 5,784,285 7,629,454 -24.2%
- South East Asia and Middle East 1,003,566 5.9% 8,650,702 10,096,078 -14.3%
RPK Total (000) 4,651,415 2.7% 42,773,752 49,041,021 -12.8%
Passengers carried 1,111,505 0.6% 10,058,995 12,321,873 -18.4%
Cargo and mail tonne km (000) 492,655 12.3% 5,298,993 5,178,872 2.3%
Freight carried (000 kg) 81,340 9.9% 874,724 881,462 -0.8%
Number of flights 2,546 3.7% 25,257 27,287 -7.4%


CAPACITY Dec 2003 % change
vs Dec 02
Cumulative
Dec 2003
Cumulative
Dec 2002
% change
ASK (000)
- Europe 1,238,323 9.2% 12,712,178 13,290,896 -4.4%
- Pacific and South Africa 2,468,757 -0.1% 24,357,401 24,674,123 -1.3%
- North Asia 1,014,120 4.2% 9,435,538 11,021,555 -14.4%
- South East Asia and Middle East 1,284,429 1.4% 12,775,053 14,063,478 -9.2%
ASK Total (000) 6,005,629 2.8% 59,280,170 63,050,052 -6.0%
Passenger load factor 77.5% 0.0pt 72.2% 77.8% -5.6pt
Available cargo/mail tonne km (000) 729,296 12.4% 7,715,117 7,252,157 6.4%
Cargo and mail load factor 67.6% 0.0pt 68.7% 71.4% -2.7pt
ATK(000) 1,300,776 8.0% 13,354,796 13,250,391 0.8%

* AHK European routes are included, with cumulative December 2002 figures restated for comparison purposes.


Source: Cathay Pacific Airways Limited
  • Press Releases
  • Company's Index
  • irasia.com

  • © Copyright 1996-2022 irasia.com Ltd. All rights reserved.
    DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website.
    TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.
    TERMS OF USE: Please read the Terms of Use governing the use of our website.