Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Cathay Pacific Releases Combined Traffic Figures for January

16 February 2011

Cathay Pacific Releases Combined Traffic Figures for January 2011

Cathay Pacific Airways has released combined Cathay Pacific and Dragonair traffic figures for January 2011 that show an increase in the number of passengers and amount of cargo and mail carried year on year, though there was a drop in load factors due to the increase in capacity.

Cathay Pacific and Dragonair carried a total of 2,243,788 passengers in January – up 6.8% on the same month in 2010. The passenger load factor, however, was down by 2.5 percentage points to 81.3%. Capacity for the month, measured in available seat kilometres (ASKs), was up by 10.1%.

The two airlines carried 144,402 tonnes of cargo in January 2011, a rise of 8.9% compared to January last year, while the cargo and mail load factor was down 7.1 percentage points to 67.8%. Capacity, measured in available cargo/mail tonne kilometres, was up by 25.5%, while cargo and mail tonne kilometres flown were up by 13.7%.

Cathay Pacific General Manager Revenue Management Tom Owen said: "Passenger traffic held up quite well following the Christmas and New Year peaks, and the quality of revenue in all classes of travel saw an improvement over the same period in 2010. Premium traffic volumes remained steady and we saw a strong spike in leisure travel on our regional routes towards the end of the month due to the Chinese New Year holidays. This also flattered the monthly growth comparisons year over year as the Chinese New Year holiday effect was not seen until February in 2010.”

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

Cathay Pacific General Manager Cargo Sales & Marketing James Woodrow said: “Freight volumes fell away a little following the 2010 year-end peak but, overall, traffic still held up quite well throughout the first month of 2011.Demand out of the key Hong Kong and Mainland China markets was a little softer than anticipated but this freed up space to enable us to carry more shipments from other destinations in the network. The expected pre-Chinese New Year rush did not materialize to the extent seen in previous years.”

ENDS

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.