Cathay Pacific Airways today released traffic figures for May 2002 showing good growth in cargo volumes and a smaller increase in its passenger business. The airline carried 972,925 passengers and 66,430 tonnes of cargo in May, up 2.1% and 21.0% respectively from the same month last year.
Cumulative figures for the year to date show a 12.1% increase in cargo traffic and a small but positive 0.6% rise in the number of passengers who travelled with the airline.
The passenger load factor was 74.4%, a 6.5% increase from May last year. Good traffic growth was seen on European, Southeast Asian and Middle East routes. Demand on trans-Pacific routes is recovering more slowly.
The volume of cargo and mail carried, measured in cargo tonne kilometres, increased by 18.4%. Growth continues to be fuelled by strong demand for exports to the United States. The cargo load factor for the month was 69.5%, up 6.8% on May 2001.
Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The surge in exports is sustaining the recovery in cargo volumes. Passenger traffic has also recovered but business travel demand remains relatively weak, and yields are still soft."
TRAFFIC
|
May
2002
|
%
change
vs May 01
|
Cumulative
May 2002
|
Cumulative
May 2001
|
%
change
|
RPK (000)
|
- Europe
|
891,811
|
6.3%
|
4,475,563
|
4,549,126
|
-1.6%
|
- Pacific and South Africa
|
1,412,938
|
-9.3%
|
7,630,991
|
7,898,575
|
-3.4%
|
- North Asia
|
586,199
|
0.7%
|
3,068,088
|
3,084,827
|
-0.5%
|
- Southeast Asia and Middle
East
|
812,495
|
7.9%
|
4,008,447
|
3,758,704
|
6.6%
|
RPK Total
(000)
|
3,703,443
|
-0.8%
|
19,183,830
|
19,291,232
|
-0.6%
|
Pax carried
|
972,925
|
2.1%
|
4,922,818
|
4,891,574
|
0.6%
|
Cargo and mail tonne km
(000)
|
355,820
|
18.4%
|
1,680,450
|
1,524,954
|
10.2%
|
Freight carried (000 kg)
|
66,430
|
21.0%
|
317,176
|
282,832
|
12.1%
|
Number of flights
|
2,179
|
-2.2%
|
10,619
|
10,811
|
-1.8%
|
CAPACITY
|
May
2002
|
%
change
vs May 01
|
Cumulative
May 2002
|
Cumulative
May 2001
|
%
change
|
ASK (000)
|
- Europe
|
1,095,293
|
-5.7%
|
5,327,351
|
6,095,240
|
-12.6%
|
- Pacific and South Africa
|
1,840,250
|
-17.9%
|
9,221,979
|
25,334,805
|
-16.0%
|
- North Asia
|
906,281
|
3.7%
|
4,427,699
|
4,226,195
|
4.8%
|
- Southeast Asia and Middle
East
|
1,136,971
|
-6.8%
|
5,571,162
|
5,782,189
|
-3.6%
|
ASK Total
(000)
|
4,978,795
|
-9.4%
|
24,548,191
|
27,083,275
|
-9.4%
|
Passenger load factor
|
74.4%
|
6.5pt
|
78.1%
|
71.2%
|
6.9pt
|
Available cargo/mail tonne
km (000)
|
511,747
|
6.8%
|
2,421,318
|
2,359,669
|
2.6%
|
Cargo and mail load factor
|
69.5%
|
6.8pt
|
69.4%
|
64.6%
|
4.9pt
|
ATK(000)
|
985,404
|
-1.6%
|
4,756,810
|
4,935,833
|
-3.6%
|
|