irasia.com

Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 9th November 2006

Cathay Pacific Releases October 2006 Traffic Figures

Cathay Pacific Airways today released traffic figures for October 2006 that show the airline enjoying healthy growth in passenger numbers, buoyed by the National Day holiday in Hong Kong and China. The amount of freight carried grew, but lagged behind capacity growth.

In October the airline carried a total of 1,409,626 passengers, up 7.9% on the same month in 2005. The passenger load factor was high for the time of year at 79.4%, up 3.1 percentage points year on year, while capacity, measured in available seat kilometres, was up 4.8%. In the first 10 months of the year Cathay Pacific carried 13,858,008 passengers - up 8.7% on the same period in the previous year.

The amount of cargo carried by the airline in October was 108,335 tonnes, a 4.2% rise on the same month last year. Capacity, measured in available cargo/mail tonne kilometres, rose by 8.5% over October 2005 while the cargo load factor dipped by 1.3 percentage points.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "We are encouraged by the high load factor in October and we are pleased that passenger growth kept ahead of capacity growth. Strong demand in the front end helped to keep our yield up, though competition is getting keener for back-end business."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "As expected there was a short lull after the holiday period at the start of the month but, overall, demand out of Hong Kong and China remained strong throughout October. More capacity continues to come into the market and competition is getting more intense on important regional routes such as Korea and Japan. However, we are now entering the peak season and we expect demand to remain high."

TRAFFIC Oct 2006 % Change
VS
Oct 05
Cumulative
Oct 2006
Cumulative
Oct 2005
% Change
RPK (000)
- North Asia 857,706 13.8% 8,287,640 7,690,738 7.8%
- South East Asia & Middle East 1,147,855 6.4% 11,416,908 10,636,907 7.3%
- Europe 1,447,445 14.1% 13,451,901 11,823,443 13.8%
- South West Pacific & South Africa 957,613 7.3% 9,120,230 8,832,728 3.3%
- North America 1,607,878 5.6% 16,721,041 14,652,578 14.1%
RPK Total (000) 6,018,497 9.1% 58,997,720 53,636,394 10.0%
Passengers carried 1,409,626 7.9% 13,858,008 12,743,190 8.7%
Cargo and mail tonne km (000) 653,984 6.6% 5,795,021 5,399,965 7.3%
Freight carried (000Kg) 108,335 4.2% 980,448 912,924 7.4%
Number of flights 3,059 5.1% 29,535 27,673 6.7%

CAPACITY Oct 2006 % Change
VS
Oct 05
Cumulative
Oct 2006
Cumulative
Oct 2005
% Change
ASK (000)
- North Asia 1,166,199 4.2% 11,470,265 10,827,738 5.9%
- South East Asia & Middle East 1,568,656 5.7% 15,222,367 14,298,788 6.5%
- Europe 1,675,985 15.6% 15,778,123 13,352,685 18.2%
- South West Pacific & South Africa 1,148,875 -5.2% 11,573,108 12,072,847 -4.1%
- North America 2,019,825 2.7% 19,857,190 17,558,688 13.1%
ASK Total (000) 7,579,540 4.8% 73,901,053 68,110,746 8.5%
Passenger load factor 79.4% 3.1pt 79.8% 78.7% 1.1pt
Available cargo/mail tonne km (000) 952,982 8.5% 8,514,593 8,102,779 5.1%
Cargo and mail load factor 68.6% -1.3pt 68.1% 66.6% 1.5pt
ATK (000) 1,673,715 6.9% 15,542,366 14,581,374 6.6%


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.