Travel News Asia / ASIA Travel Tips.com
This is the printer-friendly version of the page you were viewing.
The original page can be seen at :http://www.asiatraveltips.com/news17/209-CathayPacific.shtml
Cathay Pacific and Cathay Dragon's traffic figures for August 2017 show an increase in both the number of passengers carried and cargo and mail uplifted compared to the same month in 2016.
Cathay Pacific and Cathay Dragon carried a total of 3,079,949 passengers in the month – an increase of 3.5% compared to August 2016. The passenger load factor dropped 0.5 percentage points to 86.3%, while capacity, measured in available seat kilometres (ASKs), increased by 4.8%. In the first eight months of 2017, the number of passenger carried increased by 0.3% while capacity rose by 2.0%.
The two airlines carried 172,253 tonnes of cargo and mail in August, an increase of 12.0% compared to the same month last year. The cargo and mail load factor rose by 2.2 percentage points to 65.5%. Capacity, measured in available cargo/mail tonne kilometres, was up by 7.5% while cargo and mail revenue tonne kilometres (RTKs) increased by 11.3%. In the first eight months of 2017, the tonnage rose by 11.9% against a 3.3% increase in capacity and a 9.5% increase in RTKs.
“We recorded modest revenue growth in
August, despite our operations being disrupted by numerous
typhoons in the region, including at our home hub in Hong Kong.
The additional capacity we deployed on our European routes enabled
strong volume growth during the summer peak, while premium class
demand across the network in general remained robust. Headwinds in
the form of yield decline persisted in several of our key markets,
while geopolitical instability in Northeast Asia necessitated
careful capacity management on our Korean routes,” said Cathay Pacific Director Commercial and Cargo,
Ronald Lam. “Our cargo business, meanwhile, continued its
good momentum. Demand out of our key markets remained strong;
tonnage growth was well ahead of capacity growth, with both
inbound and outbound sectors sustaining high levels. Overall, our
cargo yield sustained an improving trend. Looking ahead, we plan
to operate our maximum freighter schedule in order to match the
forecast surge in demand from various new product launches.”