TravelNewsAsia.com

Cathay Pacific Reports December 2011 Traffic

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 18 January 2012

Cathay Pacific's and Dragonair's combined traffic figures for December 2011 show growth in passenger numbers closer to capacity growth than in previous months, though cargo and mail tonnage showed another significant year-on-year decline.

Cathay Pacific and Dragonair carried a total of 2,460,016 passengers in December 2011 up 7.9% on the same month last year while the passenger load factor fell by 0.5 percentage points to 79.6%. Capacity for the month, measured in available seat kilometres (ASKs), was up by 8.7%. For 2011 as a whole, the number of passengers carried rose by 2.9% compared to the previous year, while capacity increased by 9.2%.

Cathay Pacific General Manager Revenue Management, James Tong, said, December was a relatively strong month in terms of the number of people flying, with passenger growth almost keeping pace with capacity growth. Demand was strong over the Christmas peak and premium traffic held up well. The biggest area of concern was the continuing pressure on yield in the Economy cabin, particularly on long-haul routes. Well be seeing high loads again over the upcoming Chinese New Year peak but yield will remain an area of concern.

The two airlines carried 142,122 tonnes of cargo and mail in December, down 11.9% on the same month in 2010. The cargo and mail load factor was down by 9.6 percentage points to 67.8%. Capacity, measured in available cargo/mail tonne kilometres, rose by 3.9%, while cargo and mail tonne kilometres flown were down by 9.0%. For the year as whole, tonnage dropped by 8.6% compared to a capacity increase of 6.9%, while cargo and mail tonne kilometres flown fell by 5.2%.

Cathay Pacific General Manager Cargo Sales & Marketing, James Woodrow, said, The traditional year-end peak for our cargo business simply didnt happen and our December figures were a disappointing end to what was a challenging year overall. Demand out of our key markets in Hong Kong and Mainland China remain soft and there is no sign of any upturn in prospect as we move into 2012. On the positive side, we have been seeing good contributions from recently added destinations such as Chongqing, Chengdu and Zaragoza and we will continue to seek out new business opportunities.

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, Tickets, CX, Cathay Pacific, Hong Kong, December 2011

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 © 1997-2023 TravelNewsAsia.com