Cathay Pacific Airways today released traffic figures for May 2002 showing good growth in cargo volumes and a smaller increase in its passenger business. The airline carried 972,925 passengers and 66,430 tonnes of cargo in May, up 2.1% and 21.0% respectively from the same month last year.
Cumulative figures for the year to date show a 12.1% increase in cargo traffic and a small but positive 0.6% rise in the number of passengers who travelled with the airline.
The passenger load factor was 74.4%, a 6.5% increase from May last year. Good traffic growth was seen on European, Southeast Asian and Middle East routes. Demand on trans-Pacific routes is recovering more slowly.
The volume of cargo and mail carried, measured in cargo tonne kilometres, increased by 18.4%. Growth continues to be fuelled by strong demand for exports to the United States. The cargo load factor for the month was 69.5%, up 6.8% on May 2001.
Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The surge in exports is sustaining the recovery in cargo volumes. Passenger traffic has also recovered but business travel demand remains relatively weak, and yields are still soft."
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| TRAFFIC | May 2002 | % change
vs May 01 | Cumulative
May 2002 | Cumulative
May 2001 | % change | | RPK (000) | | - Europe | 891,811 | 6.3% | 4,475,563 | 4,549,126 | -1.6% | | - Pacific and South Africa | 1,412,938 | -9.3% | 7,630,991 | 7,898,575 | -3.4% | | - North Asia | 586,199 | 0.7% | 3,068,088 | 3,084,827 | -0.5% | | - Southeast Asia and Middle East | 812,495 | 7.9% | 4,008,447 | 3,758,704 | 6.6% | | RPK Total (000) | 3,703,443 | -0.8% | 19,183,830 | 19,291,232 | -0.6% | | Pax carried | 972,925 | 2.1% | 4,922,818 | 4,891,574 | 0.6% | | Cargo and mail tonne km (000) | 355,820 | 18.4% | 1,680,450 | 1,524,954 | 10.2% | | Freight carried (000 kg) | 66,430 | 21.0% | 317,176 | 282,832 | 12.1% | | Number of flights | 2,179 | -2.2% | 10,619 | 10,811 | -1.8% |
| CAPACITY | May 2002 | % change
vs May 01 | Cumulative
May 2002 | Cumulative
May 2001 | % change | | ASK (000) | | - Europe | 1,095,293 | -5.7% | 5,327,351 | 6,095,240 | -12.6% | | - Pacific and South Africa | 1,840,250 | -17.9% | 9,221,979 | 25,334,805 | -16.0% | | - North Asia | 906,281 | 3.7% | 4,427,699 | 4,226,195 | 4.8% | | - Southeast Asia and Middle East | 1,136,971 | -6.8% | 5,571,162 | 5,782,189 | -3.6% | | ASK Total (000) | 4,978,795 | -9.4% | 24,548,191 | 27,083,275 | -9.4% | | Passenger load factor | 74.4% | 6.5pt | 78.1% | 71.2% | 6.9pt | | Available cargo/mail tonne km (000) | 511,747 | 6.8% | 2,421,318 | 2,359,669 | 2.6% | | Cargo and mail load factor | 69.5% | 6.8pt | 69.4% | 64.6% | 4.9pt | | ATK(000) | 985,404 | -1.6% | 4,756,810 | 4,935,833 | -3.6% |
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