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Cathay Pacific Airways Limited


For immediate release 14th June, 2001

Cathay Pacific releases May traffic figures


Cathay Pacific Airways carried 952,519 passengers in May, a decline of 1.6% compared to the same month a year earlier. The amount of cargo carried fell by 10.4% to 54,910 tonnes. The fall in both passenger and cargo traffic came despite an increase of 6.7% in capacity measured in terms of available tonne kilometres.

The rise in capacity and fall in passenger numbers saw the passenger load factor slip by 6.1 percentage points to 67.9%. European routes were the worst affected with passenger traffic measured in revenue passenger kilometres falling by 7.9%. Cargo was also disappointing with the load factor falling 7.3 percentage points to 62.7%. For the year to date, the airline has carried 282,832 tonnes of cargo, 4.5% below the same period in 2000.

General Manager Network Revenue Ian Shiu said: "The air cargo market remains weak. Passenger traffic is also beginning to show the effects of the global economic slowdown, with declining load factors and a downward pressure on yields."



TRAFFIC

May 2001

% change
vs May 2000

Cumulative
Jan - May 2001

Cumulative
Jan - May 2000

% change

RPK (000)

- Europe

839,186
-7.9%
4,549,126
4,583,654
-0.8%

- Pacific and South Africa

1,557,415
-0.2%
7,898,575
7,776,327
1.6%

- North Asia

582,224
2.2%
3,084,827
2,861,228
7.8%

- Southeast Asia and Middle East

752,946
5.9%
3,758,704
3,564,163
5.5%

RPK Total (100)

3,731,771
-0.6%
19,291,232
18,785,371
2.7%

Pax carried

952,519
-1.6%
4,891,574
4,786,788
2.2%

Cargo and mail tonne km (000)

300,530
-6.1%
1,524,954
1,567,125
-2.7%

Freight carried (000 kg)

54,910
-10.4%
282,832
296,111
-4.5%

Number of flights

2,228
9.5%
10,811
9,821
10.1%


CAPACITY

May 2001

% change
vs May 2000

Cumulative
Jan - May 2001

Cumulative
Jan - May 2000

% change

ASK (000)

- Europe

1,161,301
-2.6%
6,095,240
5,843,837
4.3%

- Pacific and South Africa

2,240,640
8.2%
10,979,651
10,295,290
6.6%

- North Asia

874,339
3.8%
4,226,195
4,080,994
3.6%

- Southeast Asia and Middle East

1,220,077
26.6%
5,782,189
4,715,081
22.6%

ASK Total (100)

5,496,357
8.4%
27,083,275
24,935,202
8.6%

Pax load factor

67.9%
-6.1pt
71.2%
75.3%
-4.1pt

Available cargo and mail tonne km (000)

478,971
4.8%
2,359,669
2,190,994
7.7%

Cargo and mail load factor (000 kg)

62.7%
-7.3pt
64.6%
71.5%
-6.9pt

ATK(000)

1,001,793
6.7%
4,935,833
4,564,050
8.1%

Source: Cathay Pacific Airways Limited
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