|FOR IMMEDIATE RELEASE||9th March 2004|
Cathay Pacific Airways today released traffic figures for February 2004 that show strong growth for cargo and the continued influence of the Chinese New Year on both cargo and passenger figures.
In February, the airline carried 933,604 passengers, down from 1,127,993 passengers in January and a 4.2 percent drop from February 2003. The differences were influenced significantly by the Chinese New Year holiday, a peak travel time, which this year was in January. Last year, the holiday fell in February. The passenger load factor was 72.7 percent, down 1.5 percentage points from February last year.
Cargo maintained strong growth, with cumulative tonnage carried up 12.4 percent in the first two months of the year. In February, the airline carried 76,937 tonnes of freight, up from 69,702 tonnes in January and 23.8 percent up from February last year. The apparent spike from February 2003 was, again, influenced by the Chinese New Year holiday, which is traditionally a slow period for cargo.
Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "Passenger numbers often dip following a holiday period as demand for leisure travel subsides, yet February also saw an upturn in business travel. Although demand from Korea and Japan is depressed it is not at present a cause for great concern."
Cathay Pacific General Manager Cargo Kenny Tang said: "Even after taking season peaks in troughs into account, underlying growth on trunk routes to Europe, the United States and Japan remains strong. Regional markets also performed better."
|TRAFFIC||Feb 2004|| % change|
vs Feb 03
|- North Asia||511,763||-17.5%||1,177,339||1,295,656||-9.1%|
|- South East Asia & Middle East||785,277||0.5%||1,734,967||1,629,529||6.5%|
|- South West Pacific & South Africa||726,719||1.8%||1,955,780||1,777,533||2.5%|
|- North America||1,074,142||8.2||2,316,647||2,224,159||4.2|
|RPK Total (000)||4,032,462||3.1%||8,811,079||2,224,1591||3.5%|
|Cargo and mail tonne km (000)||450,308||25.1%||859,385||750,929||14.4%|
|Freight carried (000 kg)||76,937||25.1%||146,602||130,381||12.4%|
|Number of flights||2,311||2.9%||4,861||4,740||2.6%|
|CAPACITY||Feb 2004|| % change|
vs Feb 03
|- North Asia||915,739||1.3%||1,950,720||1,892,551||3.1%|
|- South East Asia & Middle East||1,177,359||3.1%||2,471,785||2,400,409||3.0%|
|- South West Pacific & South Africa||995,927||5.5%||2,058,850||1,995,010||3.2%|
|- North America||1,294,652||2.7%||2,693,547||2,697,741||-0.2%|
|ASK Total (000)||5,545,363||5.1pt||11,577,604||11,158,903||3.8pt|
|Passenger load factor||72.7%||-1.5%||76.1%||76.3%||-0.2%|
|Available cargo/mail tonne km (000)||653,797||15.4pt||1,342,623||1,220,275||10.0%|
|Cargo and mail load factor||68.9%||5.4pt||64.0%||61.5%||2.5pt|
|© Copyright 1996-2023 irasia.com Ltd. All rights reserved.|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.