irasia.com

Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 11th July 2006

Cathay Pacific Releases June 2006 Traffic Figures

Cathay Pacific Airways today released traffic figures that show a continued growth in passenger numbers and cargo tonnage in June 2006, and an overall strong performance for the first half of the year.

In the first six months of 2006, the airline carried 8,144,335 passengers, up 11.1% on the first half of 2005, while the amount of freight carried was up 10.5% at 572,552 tonnes. Rises in passenger and cargo traffic stayed ahead of capacity growth - 10.8% for available seat kilometres (ASKs) and 5.8% for available cargo/mail tonne kilometres (ATKs).

In June, Cathay Pacific carried a total of 1,392,462 passengers, up 10.7% on the same month last year. The passenger load factor for the month hit 82.8%, up 2.7 percentage points on 2005. The passenger number increase was marginally above the increase in capacity, measured in ASKs, which grew by 10.4%.

The airline carried 96,255 tonnes of freight in June, up 7.6% year-on-year. The growth in tonnage was above the capacity rise for the month, which came in at 6.9% measured in ATKs. The airline's cargo business received a boost from the launch of a new service to Mumbai and Chennai in India, with flights commencing on 2 June.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The performance for June is quite impressive. Long-haul routes to Europe and North America were particularly strong, with healthy front-end business helping to offset the impact of increased competition on back-end yields. All in all, it was a good build up to our summer peak and indications are that business will remain buoyant over the summer."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "For the past few months the story has been very similar - very strong demand out of Hong Kong and China to our long-haul freight destinations, with weaker traffic coming back due to excess capacity in the market. New competitors are coming into the market all the time so we don't expect things to get any easier. However, we will get a welcome capacity boost when our second Boeing 747-400BCF 'Boeing Converted Freighter' enters service in mid-July."

TRAFFIC Jun 2006 % change
vs
Jun 05
Cumulative
Jun 2006
Cumulative
Jun 2005
% change
RPK (000)
- North Asia 799,966 5.6% 4,771,474 4,425,172 7.8%
- South East Asia & Middle East 1,164,697 11.2% 6,734,696 6,068,406 11.0%
- Europe 1,417,068 20.5% 7,580,171 6,630,028 14.3%
- South West Pacific & South Africa 856,756 8.6% 5,529,569 5,309,281 4.1%
- North America 1,757,562 18.4% 10,017,092 8,449,400 18.6%
RPK Total (000) 5,996,049 14.1% 34,633,002 30,882,287 12.1%
Passengers carried 1,392,462 10.7% 8,144,335 7,332,947 11.1%
Cargo and mail tonne km (000) 568,590 9.3% 3,354,852 3,086,174 8.7%
Freight carried (000Kg) 96,255 7.6% 572,552 517,920 10.5%
Number of flights 2,928 7.7% 17,512 16,150 8.4%

CAPACITY Jun 2006 % change
vs
Jun 05
Cumulative
Jun 2006
Cumulative
Jun 2005
% change
ASK (000)
- North Asia 1,126,717 4.7% 6,822,173 6,362,771 7.2%
- South East Asia & Middle East 1,487,875 8.4% 8,991,083 8,354,022 7.6%
- Europe 1,595,522 21.8% 9,107,737 7,592,548 20.0%
- South West Pacific & South Africa 1,080,363 -6.6% 7,095,874 7,309,575 -2.9%
- North America 1,951,288 18.7% 11,796,826 9,915,711 19.0%
ASK Total (000) 7,241,765 10.4% 43,813,693 39,534,627 10.8%
Passenger load factor 82.8% 2.7pt 79.0% 78.1% 0.9pt
Available cargo/mail tonne km (000) 813,717 6.9% 4,958,893 4,685,270 5.8%
Cargo and mail load factor 69.9% 1.6pt 67.7% 65.9% 1.8pt
ATK (000) 1,502,396 8.5% 9,125,674 8,445,875 8.0%


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.