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Cathay Pacific Airways Limited


FOR IMMEDIATE RELEASE 14 November 2002

Cathay Pacific Releases October 2002 Traffic Figures

Cathay Pacific Airways today released traffic figures for the month of October 2002 that show continued growth for both the airline's passenger and cargo operations.

In October 2002, Cathay Pacific carried 1,054,931 passengers, a 26.5% increase over the same month last year. The passenger load factor was 75.8%, an 11.3 percentage point increase over October 2001.

Cargo's performance gained strength with 85,214 tonnes carried in October, up from 76,324 tonnes carried in September and 14.2% higher than in October 2001. The cargo load factor was 76.5%.

Cumulative figures for the year to date show a 7.9% increase in the number of passengers and a 16.8% increase in freight tonnage compared to the same ten-month period last year.

Cathay Pacific General Manager Revenue Management, Sales and Distribution Ian Shiu said: "Demand held up well, even though October is not a peak travel period. Overall, however, there has been no real improvement in First and Business Class traffic."

Cathay Pacific General Manager Cargo Kenny Tang added: "The peak pre-holiday season is seeing strong demand on all of the major trunk routes to Europe, Japan, Australia. Trans-Pacific services were particularly busy, bolstered by the shutdown at US West Coast seaports."

Full October 2002 figures are on the following page.

TRAFFIC

Oct2002

% change
vs Oct 01

Cumulative
Oct 2002

Cumulative
Oct 2001

% change

RPK (000)

- Europe

1,054,898
19.9%
9,684,651
9,279,281
4.4%

- Pacific and South Africa

1,735,504
30.9%
16,026,530
15,146,351
5.8%

- North Asia

632,812
26.3%
6,349,132
6,029,763
5.3%

- Southeast Asia and Middle East

868,287
38.7%
8,367,081
7,217,135
15.9%

RPK Total (000)

4,291,501
28.8%
40,427,393
37,672,532
7.3%

Passengers carried

1,054,931
26.5%
10,223,456
9,478,555
7.9%

Cargo and mail tonne km(000)

516,404
11.8%
3,908,886
3,432,719
13.9%

Freight Carried(000Kg)

85,214
14.2%
693,755
594,139
16.8%

Number of flights

2,447
8.8%
22,281
21,778
2.3%

 

CAPACITY

Oct 2002

% change
vs Oct01

Cumulative
Oct2002

Cumulative
Oct2001

% change

ASK (000)

- Europe

1,162,012
2.8%
11,040,694
11,694,313
-5.6%

- Pacific and South Africa

2,285,111
11.9%
19,876,460
21,185,482
-6.2%

- North Asia

949,174
8.1%
9,130,582
8,527,897
7.1%

- Southeast Asia and Middle East

1,264,817
13.2%
11,591,174
11,459,534
1.1%

ASK Total (000)

5,661,114
9.6%
51,638,910
52,867,227
-2.3%

Passenger load factor

75.8%
11.3pt
78.3%
71.3%
7.0pt

Available cargo/mail tonne km (000)

675,458
7.9%
5,510,606
5,126,037
7.5%

Cargo and mail load factor

76.5%
2.6pt
70.9%
67.0%
4.0pt

ATK(000)

1,214,048
8.7%
10,423,264
10,154,574
2.6%

* AHK European routes are included and traffic statistics figures are restated from July 2001 for comparison purpose.

- End -

Source: Cathay Pacific Airways Limited
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