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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 12th December 2006

Cathay Pacific Releases November 2006 Traffic Figures

Cathay Pacific Airways today released traffic figures for November 2006 that show a continued growth in both passenger and cargo traffic, the latter helped by the introduction of a new freighter service to Beijing.

Last month the airline carried a total of 1,374,726 passengers, up 7.1% on the same month in 2005. The passenger load factor was 78.7%, up 2.4 percentage points year on year, while capacity, measured in available seat kilometres (ASKs), rose by 4.4%. Figures for the year to date show the number of passengers carried up 8.6% over last year, ahead of an 8.1% rise in ASKs.

The airline carried 109,413 tonnes of cargo in November, a 9.3% rise on the same month last year. Capacity, measured in available cargo/mail tonne kilometres, rose by 7.8% in the same period. The month's cargo load factor was also up, by 1.8 percentage points, to 70.5%. The load factor for the year to date is 66.8%

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "There is usually something of a passenger-traffic lull in November, but this year we were pleased by the high load factor and continued solid demand for travel. Business in the front-end continues to surpass expectations, and the situation overall is looking healthy as we move into the holiday peak."

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "Demand out of Hong Kong and the Mainland held up well and our loads on key long-haul routes to Europe and the United States remained very high. The introduction of our new twice-weekly freighter service to Beijing is helping us tap into the growing market in Northern China, while five extra freighter flights a week to Shanghai from 1 December will give our Mainland business a further boost."

TRAFFIC Nov 2006 % Change
VS
Nov 05
Cumulative
Nov 2006
Cumulative
Nov 2005
% Change
RPK (000)
- North Asia 827,353 12.4% 9,114,993 8,426,838 8.2%
- South East Asia & Middle East 1,190,550 5.8% 12,607,458 11,761,714 7.2%
- Europe 1,208,287 8.0% 14,660,188 12,942,189 13.3%
- South West Pacific & South Africa 1,055,146 11.1% 10,175,377 9,782,365 4.0%
- North America 1,561,629 4.6% 18,282,670 16,146,123 13.2%
RPK Total (000) 5,842,965 7.7% 64,840,686 59,059,229 9.8%
Passengers carried 1,374,726 7.1% 15,232,734 14,026,359 8.6%
Cargo and mail tonne km (000) 657,710 10.6% 6,452,732 5,994,796 7.6%
Freight carried (000Kg) 109,413 9.3% 1,089,861 1,013,053 7.6%
Number of flights 2,949 2.5% 32,484 30,551 6.3%

CAPACITY Nov 2006 % Change
VS
Nov 05
Cumulative
Nov 2006
Cumulative
Nov 2005
% Change
ASK (000)
- North Asia 1,123,060 4.3% 12,593,325 11,904,305 5.8%
- South East Asia & Middle East 1,513,423 1.4% 16,735,790 15,791,940 6.0%
- Europe 1,524,378 11.9% 17,302,501 14,715,163 17.6%
- South West Pacific & South Africa 1,305,193 3.5% 12,878,301 13,334,325 -3.4%
- North America 1,954,157 2.1% 21,811,347 19,472,394 12.0%
ASK Total (000) 7,420,211 4.4% 81,321,264 75,218,127 8.1%
Passenger load factor 78.7% 2.4pt 79.7% 78.5% 1.2pt
Available cargo/mail tonne km (000) 933,371 7.8% 9,447,963 8,968,716 5.3%
Cargo and mail load factor 70.5% 1.8pt 68.3% 66.8% 1.5pt
ATK (000) 1,639,006 6.3% 17,181,372 16,123,272 6.6%


Source: Cathay Pacific Airways Limited
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