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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 13th September 2004

Cathay Pacific Releases August 2004 Traffic Figures

Cathay Pacific Airways today released traffic figures for August 2004, traditionally a peak month for leisure travel and an off-season for cargo.

In August, the airline carried 1,268,343 passengers, almost flat from 1,268,634 passengers carried in July, which was a record month. The passenger load factor remained high at 80.3 percent, again little changed from 81.3 percent in July.

The airline carried 77,395 tonnes of cargo, down from 80,811 tonnes in July, in a reflection of the quieter summer period for shippers. The cargo load factor was 64.7 percent, down from 69.6 percent the previous month for similar reasons.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "We responded to higher summer demand in August by operating a number of extra sectors including some special charters to Male in the Maldives. Yet with load factors already above 80 percent in July there was little room for an even higher spike in August."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "Demand for goods manufactured in the Chinese Mainland remains strong and Hong Kong continues to play an increasingly important role as the leading gateway to the Pearl River Delta. Cathay cargo loads should grow next month as we enter into the beginning of the traditional peak season but high fuel prices remain a serious concern."


TRAFFIC Aug 2004 % change
vs Aug 03
Cumulative
Aug 2004
Cumulative
Aug 2003
% change
RPK (000)
- North Asia 855,890 26.2% 5,372,989 3,417,320 57.2%
- South East Asia and Middle East 1,100,002 21.9% 7,676,261 5,140,268 49.3%
- Europe 1,125,064 2.9% 8,360,201 5,845,052 43.0%
- South West Pacific & South Africa 643,486 -4.4% 5,608,586 4,426,825 26.7%
- North America 1,475,992 29.2% 10,271,588 6,694,093 53.4%
RPK Total (000) 5,200,434 15.8% 37,289,625 25,523,558 46.1%
Passengers carried 1,268,343 17.1% 8,941,241 5,975,863 49.6%
Cargo and mail tonne km (000) 484,643 12.4% 3,835,360 3,284,680 16.8%
Freight carried (000 kg) 77,395 9.9% 628,114 543,784 15.5%
Number of flights 2,622 17.4% 20,010 15,480 29.3%


CAPACITY Aug 2004 % change
vs Aug 03
Cumulative
Aug 2004
Cumulative
Aug 2003
% change
ASK (000)
- North Asia 1,098,289 25.1% 8,204,010 5,629,210 45.7%
- South East Asia and Middle East 1,387,710 24.0% 10,355,483 7,955,440 30.2%
- Europe 1,309,318 5.1% 10,115,919 7,791,531 29.8
- South West Pacific & South Africa 985,022 21.7% 7,870,135 6,280,872 25.3%
- North America 1,700,090 40.7% 11,647,502 8,931,224 30.4%
ASK Total (000) 6,480,429 23.2% 48,193,049 36,588,277 31.7%
Passenger load factor 80.3% -5.0pt 77.4% 69.8% 7.6pt
Available cargo/mail tonne km (000) 748,615 10.1% 5,618,470 4,829,389 16.3%
Cargo and mail load factor 64.7% 1.3pt 68.3% 68.0% 0.3pt
ATK(000) 1,365,044 15.7% 10,203,206 8,309,926 22.8%



TRAFFIC Aug 2002

Cumulative
Aug 2002

RPK (000)
- Europe 1,086,432 7,592,821
- Pacific and South Africa 1,845,331 12,754,288
- North Asia 739,271 5,090,559
- South East Asia and Middle East 937,518 6,683,027
RPK Total (000) 4,608,551 32,120,696
Passengers carried 1,143,520 8,186,137
Passengers load factor 82.1% 79.2%
Freight carried (000kg) 74,222 562,240
Cargo and mail load factor 67.7% 70.5%
ASK (000) 5,612,568 40,562,595


Source: Cathay Pacific Airways Limited
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