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CATHAY PACIFIC RELEASES COMBINED TRAFFIC FIGURES FOR MAY 2017

by Suman Gupta

Cathay Pacific Airways today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2017 that show a slight decrease in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2016.

Cathay Pacific and Cathay Dragon carried a total of 2,849,475 passengers last month – a decrease of 0.5% compared to May 2016. The passenger load factor grew by 0.2 percentage points to 84.2%, while capacity, measured in available seat kilometres (ASKs), and increased by 1.5%. In the first five months of 2017, the number of passenger carried declined by 0.2% while capacity rose by 1.0%.

The two airline s carried 161,743 tonnes of cargo and mail last month, an increase of 11.5% compared to the same month last year. The cargo and mail load factor rose by 4.1 percentage points to 66.3%. Capacity, measured in available cargo/mail tonne kilometres, was up by 1.2% while cargo and mail revenue tonne kilometres (RTKs) increased by 8.0%. In the first five months of 2017, the tonnage rose by 11.3% against a 1.8% increase in capacity and an 8.4% increase in RTKs.

Cathay Pacific General Manager Revenue Management Patricia Hwang said: “May is traditionally one of the slower months of the year, and we saw a weakening in passenger demand for regional leisure travel after the Easter holiday period. On a brighter note, there has been an uptick in demand for premium class travel. Traffic on long-haul routes remained robust in May. Our Tel Aviv flights, which were launched in March, continued to perform well. We will start a seasonal service to Barcelona this summer, which we expect to prove popular with our customers. Meanwhile, yield continues to come under intense pressure in the face of competition.”

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “Our cargo business continued to show strong year-on-year growth in May. While the market slowed down during the local Labour Day and Japan’s ‘Golden Week’ holidays, it promptly rebounded on all routes, especially those serving Northeast and Southeast Asia. Yield and demand continued to improve, which reflects the overall strength of the air freight industry. To take advantage of market conditions, we have bolstered our freighter fleet by wet-leasing two Boeing 747-8 freighters from Atlas Air Worldwide, which will supplement capacity on our existing network, including destinations in the United States and Europe.”

The full May figures are on the next page.


CATHAY PACIFIC / CATHAY DRAGON COMBINED TRAFFIC

MAY % Change Cumulative %

Change

  2017 VS MAY 16

 

MAY 2017

 

YTD

 

RPK (000)        
 – Mainland China 757,508 -1.7% 3,724,740 -1.4%
 – North East Asia 1,231,334 1.7% 6,626,073 3.3%
 – South East Asia 1,441,411 -5.5% 7,369,593 -3.1%
– India, Middle East, Pakistan & Sri Lanka 612,297 -6.2% 2,954,877 -7.3%
 – South West Pacific & South Africa 1,234,991 -7.0% 7,282,880 -2.1%
 – North America 3,120,448 1.9% 13,949,154 0.3%
 – Europe 1,958,596 20.4% 9,847,382 13.9%
RPK Total (000) 10,356,585 1.8% 51,754,699 1.5%
Passengers carried 2,849,475 -0.5% 14,353,003 -0.2%
Cargo and mail revenue tonne km (000) 899,077 8.0% 4,461,081 8.4%
Cargo and mail carried (000kg) 161,743 11.5% 795,211 11.3%
Number of flights 6,642 1.3% 32,967 0.4%

CATHAY PACIFIC / CATHAY DRAGON COMBINED CAPACITY

MAY % Change Cumulative %

Change

  2017 VS MAY 16

 

MAY 2017 YTD

 

ASK (000)        
 – Mainland China 1,002,410 1.7% 4,927,401 2.8%
 – North East Asia 1,549,506 -2.7% 8,008,800 -1.1%
 – South East Asia 1,761,872 -1.5% 8,711,643 -2.3%
– India, Middle East, Pakistan & Sri Lanka 713,169 -8.8% 3,544,291 -10.1%
 – South West Pacific & South Africa 1,608,875 1.1% 8,519,472 1.6%
 – North America 3,457,549 0.9% 16,326,344 0.2%
 – Europe 2,208,787 13.2% 11,078,855 9.8%
ASK Total (000) 12,302,168 1.5% 61,116,806 1.0%
Passenger load factor 84.2% 0.2pt 84.7% 0.4pt
Available cargo/mail tonne km (000) 1,355,074 1.2% 6,779,791 1.8%
Cargo and mail load factor 66.3% 4.1pt 65.8% 4.0pt
ATK (000) 2,524,796 1.3% 12,591,008 1.4%

About Cathay Pacific Airways : Cathay Pacific Airways is an award-winning Hong Kong-based airline offering scheduled passenger and cargo services to more than 174 destinations in 43 countries and territories around the world. Cathay Pacific Airways and Cathay Dragon currently operate 48 weekly departures from 6 cities in India to Hong Kong. Cathay Pacific operates 10 flights a week from Mumbai, 14 flights from Delhi, daily flights from Chennai and 4 weekly flights from Hyderabad. Whereas sister airline Cathay Dragon operates daily flights from Bengaluru and 6 weekly flights from Kolkata. Cathay Pacific Cargo is also one of the biggest air cargo operators in India with 25 scheduled freighter services to and from Mumbai, Delhi, Chennai, Kolkata, Bengaluru and Hyderabad.

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