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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 13th December 2004

Cathay Pacific Releases November 2004 Traffic Figures

Cathay Pacific Airways today released traffic figures for November 2004 that show passenger and cargo volumes responded well to seasonal upturns and the introduction of new winter season services.

The airline carried 1,187,548 passengers in November, up from 1,167,690 passengers carried in October. Figures were boosted by strong demand from business travellers and heavy traffic to and from the Middle East, Malaysia and Indonesia at the end of the festival of Ramadan.

The airline also added new services to Auckland, Brisbane, Dubai, Manila, Surabaya and Sydney. November's passenger load factor was 77.1 percent, flat compared to 77.6 percent the month before.

Cathay Pacific carried 86,933 tonnes of cargo, down from 90,533 tonnes in October simply on account of there being one less day in November. Cargo demand remained at a peak and the load factor dipped only slightly to 68.5 percent, down from 71.3 percent in October, even with addition of a third wet-lease freighter to the fleet. The airline takes delivery of a new B747-400 freighter in February.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "Business traffic was buoyant, improving loads and yield, as companies sought to close deals by the end of the year. The end of Ramadan boosted loads in the back end and we operated a number of extra sectors to Indonesia and Malaysia in order to cope with the holiday-related travel. December will of course be another very busy month."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "November was another good month. Business out of Hong Kong on trunk routes to the US, Japan and Europe remained strong. Current indications say this should keep up through the end of the year."

TRAFFIC Nov 2004 % change
vs Nov 03
Cumulative
Nov 2004
Cumulative
Nov 2003
% change
RPK (000)
- North Asia 693,147 23.1% 7,507,542 5,151,206 45.7%
- South East Asia & Middle East 1,053,794 22.9% 10,559,119 7,647,135 38.1%
- Europe 1,035,526 9.9% 11,685,301 8,960,071 30.4%
- South West Pacific & South Africa 887,235 19.9% 7,919,352 6,479,873 22.2%
- North America 1,325,232 18.1% 14,243,112 9,884,051 44.1%
RPK Total (000) 4,994,934 18.2% 51,914,426 38,122,336 36.2%
Passengers carried 1,187,548 18.5% 12,390,976 8,947,490 38.5%
Cargo and mail tonne km (000) 555,494 3.3% 5,477,355 4,806,338 14.0%
Freight carried (000 kg) 86,933 0.3% 889,267 793,383 12.1%
Number of flights 2,599 5.9% 27,723 22,711 22.1%

CAPACITY Nov 2004 % change
vs Nov 03
Cumulative
Nov 2004
Cumulative
Nov 2003
% change
ASK (000)
- North Asia 971,397 4.0% 11,249,944 8,421,418 33.6%
- South East Asia & Middle East 1,361,223 13.5% 14,304,767 11,490,624 24.5%
- Europe 1,220,957 1.8% 13,920,951 11,473,855 21.3%
- South West Pacific & South Africa 1,263,264 25.6% 11,144,455 9,044,612 23.2%
- North America 1,659,573 23.5% 16,649,746 12,844,033 29.6%
ASK Total (000) 6,476,414 14.0% 67,269,863 53,274,542 26.3%
Passenger load factor 77.1% 2.7pt 77.2% 71.6% 5.6pt
Available cargo/mail tonne km (000) 811,163 8.6% 7,971,202 6,985,822 14.1%
Cargo and mail load factor 68.5% -3.5pt 68.7% 68.8% -0.1pt
ATK(000) 1,427,189 10.9% 14,370,630 12,054,020 19.2%

TRAFFIC Nov 2002

Cumulative
Nov 2002

RPK (000)
- Europe 913,692 10,598,342
- Pacific and South Africa 1,785,696 17,812,226
- North Asia 605,094 6,954,226
- South East Asia and Middle East 781,014 9,148,095
RPK Total (000) 4,085,496 44,512,889
Passengers carried 992,738 11,216,811
Passengers load factor 73.4% 77.8%
Freight carried (000kg) 83,720 807,498
Cargo and mail load factor 76.5% 71.8%
ATK (000) 1,192,054 12,045,440


Source: Cathay Pacific Airways Limited
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