TravelNewsAsia.com

Cathay Pacific Reports December 2010 Traffic

Travel News Asia Latest Travel News Podcasts Videos Friday, 14 January 2011

Cathay Pacific’s and Dragonair’s combined traffic figures for December 2010 show an increase in the number of passengers and amount of cargo and mail carried compared to the same month in 2009, but with a fall in the passenger and cargo/mail load factors as a result of the increase in capacity.

Cathay Pacific and Dragonair carried a total of 2,279,785 passengers in December – up 2.9% on the same month in 2009. The passenger load factor was down by 3.8 percentage points to 80.1%, while capacity for the month, measured in available seat kilometres (ASKs), was up by 7.8%. The total number of passengers carried in 2010 was 26,796,249, an increase of 9.1%, while ASKs rose by 4.1%.

Cathay Pacific General Manager Revenue Management, Tom Owen, said, "The passenger numbers in December were up on the same month in 2009, while the load factor dipped due to a significant increase in capacity year on year. However, the quality of revenue in all classes of travel was higher, with an improvement in the revenue efficiency of the operation. Demand out of Hong Kong to all the popular holiday destinations remained strong, and we mounted a number of extra flights in response. We also saw strong demand on key long- haul routes, though results to London and New York were slightly impacted by the major snow disruptions.”

The amount of cargo and mail carried by the two airlines in December was 161,302 tonnes, up 12.0% on December 2009. The cargo and mail load factor was down 1.2 percentage points to 77.4%, while capacity, measured in available cargo/mail tonne kilometres, was up by 19%. The total tonnage carried in 2010 was 1,803,921 tonnes – a rise of 18.1%. Cargo/mail tonne kilometres were up by 23.2% for the year compared to a capacity increase of 15.2%.

Cathay Pacific General Manager Cargo Sales & Marketing, James Woodrow, said, “Freight volumes held up well through to the end of 2010 helped by year-end cancellations from our competitors. The load factor was marginally down on the same month in 2009, but there was a significant growth in tonnage and yield held up well. We will see some slackening in the market in early January though we anticipate an improvement in the second half of the month prior to the Chinese New Year holiday.”

See other recent news regarding: Airlines, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Interviews, Videos, Cathay Pacific, December 2010, Hong Kong Visitor Arrivals, Hong Kong

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com