Cathay Pacific Airways Limited


Cathay Pacific Releases November 2002 Traffic Figures

Cathay Pacific Airways today released traffic figures for the month of November 2002 that show a slight slowdown in growth for both the airline's cargo and passenger operations.

In November 2002, Cathay Pacific carried 992,738 passengers, a 23.5% increase over the same month last year, though down from the 1,054,931 passengers carried in October 2002. November's passenger load factor also eased to 73.4%, down 2.4 percentage points from the previous month.

The airline carried 83,720 tonnes of cargo in November, up 12.6% from the same month a year ago, but slightly down from the 85,214 tonnes shipped in October.

Cumulative figures for the first eleven months of the year show a 9.1% increase in passenger numbers and a 16.3% increase in cargo tonnage, compared to the same period in 2001.

Cathay Pacific General Manager Revenue Management, Sales and Distribution Ian Shiu said: "There has been no real change on recent trends: demand in November held up well even though it is not a peak travel period and business has yet to recover in First and Business Class sales."

Cathay Pacific General Manager Cargo Kenny Tang added: "There was continued demand on routes to the US in the run-up to their Thanksgiving holiday. Even though, overall, business was a little slower we are still running ahead of our target."

Full November 2002 figures are on the following page.

TRAFFICNov 2002% change
vs Nov 01
Nov 2002
Nov 2001
% change
RPK (000)
- Europe913,69220.4%10,598,34210,038,4145.6%
- Pacific and South Africa1,785,69634.7%17,812,22616,472,2458.1%
- North Asia605,09430.0%6,954,2266,495,3827.1%
- Southeast Asia and Middle East 781,014 21.4% 9,148,095 7,860,217 16.4%
RPK Total (000)4,085,49627.9%44,512,88940,866,2578.9%
Passengers carried992,73823.5%11,216,19410,282,2109.1%
Cargo and mail tonne km(000)506,7209.5%4,415,6073,895,48413.4%
Freight Carried(000Kg)83,72012.6%777,475668,48216.3%
Number of flights2,38812.9%24,67023,8933.3%

CAPACITYNov 2002% change
vs Nov 01
Nov 2002
Nov 2001
% change
ASK (000)
- Europe1,115,7497.0%12,156,44412,737,250-4.6%
- Pacific and South Africa2,326,99129.1%22,203,45122,987,795-3.4%
- North Asia918,0857.6%10,048,6679,380,8157.1%
- Southeast Asia and Middle East1,205,87520.6%12,797,04912,459,2742.7%
ASK Total (000)5,566,70018.5%57,205,61057,565,134-0.6%
Passenger load factor73.4%5.4pt77.8%71.0%6.8pt
Available cargo/mail tonne km (000)662,5167.1%6,173,1225,744,6307.5%
Cargo and mail load factor76.5%1.7pt71.5%67.8%3.7pt

* 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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