Cathay traffic climbs in September

Cathay traffic climbs in September

Cathay Pacific and Dragonair carried 2.26 million passengers in September 2011 – 3.5% more than the same month last year. The Hong Kong-based airlines saw strong growth on routes to and from North America (+19.3%), as well as Southeast Asia (+6.7%), Southwest Pacific & South Africa (+5.4%) and Europe (+5.0%), but traffic to and from mainland China declined 2.2%.

In revenue passenger kilometre (RPK) terms, the airlines’ traffic rose 7.0%, on a 9.8% increase in available seat capacity. This caused monthly load factors to drop 2.1 percentage points to 79.7%.

Year-to-date Cathay Pacific and Dragonair have carried 20.5 million passengers, 2.1% up year-on-year, with average load factors of 80.7%.

Cathay Pacific’s General Manager for Revenue Management, James Tong said; “In September we saw a fall-off in demand in the back end, as expected after the summer peak. The Japan route continued to see a recovery, though China was down compared to last year due to the Shanghai Expo effect in 2010. Premium business held up well in September in terms of volume and yield, with currency movements working in our favour, but the outlook is getting more uncertain as companies begin to review their travel policies in light of the economic situation.”

Mark Elliott
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Mark Elliott
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