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CATHAY PACIFIC AIRWAYS LIMITED國泰航空有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 293)
April 2015 Traffic FiguresThe appended press release contains combined traffic figures for April 2015 for Cathay Pacific Airways Limited ("Cathay Pacific") and its wholly owned subsidiary, Hong Kong Dragon Airlines Limited ("Dragonair"). The information in the press release may be price sensitive. This announcement containing the press release is accordingly being issued pursuant to Part XIVA of the Securities and Futures Ordinance. The information in the press release has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditors.
This announcement is issued by Cathay Pacific pursuant to Part XIVA of the Securities and
Futures Ordinance.
The information in this announcement has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditors.
Investors are advised to exercise caution in dealing in shares of Cathay Pacific.
As at the date of this announcement, the Directors of Cathay Pacific are:
Executive Directors: John Slosar (Chairman), James Barrington, Ivan Chu, Rupert Hogg, Martin Murray;
Non-Executive Directors: Cai Jianjiang, Fan Cheng, Martin Cubbon, Ian Shiu, Song Zhiyong, Merlin Swire, Samuel Swire, Zhao Xiaohang;
Independent Non-Executive Directors: Irene Lee, Jack So, Tung Chee Chen and Peter Wong.
By Order of the Board
Cathay Pacific Airways Limited
David Fu
Company Secretary
Hong Kong, 15th May 2015
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15 May 2015
Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for April 2015 that show an increase in both the number of passengers carried and the cargo and mail uplift compared to the same month last year.
Cathay Pacific and Dragonair carried a total of 2,912,562 passengers in April - an increase of 7.7% compared to the same month last year. The passenger load factor grew by 2.5 percentage points to 87.2% while capacity, measured in available seat kilometres (ASKs), increased by 4.3%. In the first four months of the year, passenger traffic grew by 8.4% while capacity was up by 6.2%
The two airlines carried 144,579 tonnes of cargo and mail last month, an increase of
5.2% compared to April 2014. The cargo and mail load factor fell by 0.5 percentage points to 62.6%. Capacity, measured in available cargo/mail tonne kilometres, rose by 7.3% while cargo and mail revenue tonne kilometres (RTKs) flown increased by
6.3%. In the first four months of the year, tonnage rose by 10.5% against a capacity increase of 9.1% and a 13.0% rise in RTKs.
Cathay Pacific General Manager Revenue Management Patricia Hwang said: "After a strong March, passenger demand remained robust throughout April and the growth in traffic once again outpaced the growth in capacity. Demand was boosted by the Easter and Ching Ming holiday at the beginning of the month, particularly out of our home market. Japan, Korea and Thailand were the most popular destinations for Easter getaways from Hong Kong though we also saw high load factors to other Asian destinations and Australia/New Zealand. Demand in the premium cabins was slightly behind expectations, particularly on long-haul routes."
Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: "Our cargo business benefitted from a modest rush in demand out of the home market before Easter and the pick-up after the holiday was reasonably swift. Demand out of the key manufacturing centres in Mainland China fluctuated throughout the month and we faced intense competition out of Western China cities. Transpacific business held up well and we continued to benefit from the logjam of freight in seaports on the West Coast of the United States, even after the industrial dispute was resolved. We saw robust demand out of Southeast Asia, and Vietnam in particular, in April while strong traffic to India remains a key focus."
The full April figures are on the next page.
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CATHAY PACIFIC / DRAGONAIR COMBINED TRAFFIC | APR | % Change | Cumulative | % Change |
2015 | VS APR 2014 | APR 2015 | YTD | |
RPK (000) | ||||
- Mainland China | 766,704 | 7.2% | 2,899,378 | 3.6% |
- North East Asia | 1,354,863 | 7.4% | 5,171,433 | 10.4% |
- South East Asia | 1,476,871 | 17.5% | 5,640,284 | 16.4% |
- India, Middle East, Pakistan & Sri Lanka | 696,166 | -5.9% | 2,694,145 | -3.0% |
- South West Pacific & South Africa | 1,432,377 | 10.3% | 5,818,079 | 14.1% |
- North America | 2,589,238 | 1.1% | 10,525,656 | 7.9% |
- Europe | 1,734,647 | 13.6% | 6,480,570 | 9.3% |
RPK Total (000) | 10,050,866 | 7.4% | 39,229,545 | 9.3% |
Passengers carried | 2,912,562 | 7.7% | 11,088,181 | 8.4% |
Cargo and mail revenue tonne km (000) | 848,907 | 6.3% | 3,398,161 | 13.0% |
Cargo and mail carried (000kg) | 144,579 | 5.2% | 580,008 | 10.5% |
Number of flights | 6,550 | 4.8% | 25,736 | 5.8% |
CATHAY PACIFIC / DRAGONAIR COMBINED CAPACITY | APR | % Change | Cumulative | % Change |
2015 | VS APR 2014 | APR 2015 | YTD | |
ASK (000) | ||||
- Mainland China | 942,502 | 1.9% | 3,731,962 | 0.1% |
- North East Asia | 1,578,624 | 2.9% | 6,285,186 | 7.5% |
- South East Asia | 1,748,655 | 14.5% | 6,795,315 | 13.9% |
- India, Middle East, Pakistan & Sri Lanka | 824,270 | -11.0% | 3,255,773 | -10.9% |
- South West Pacific & South Africa | 1,536,483 | 4.8% | 6,474,587 | 8.3% |
- North America | 2,905,066 | -0.7% | 11,938,877 | 7.0% |
- Europe | 1,987,297 | 14.1% | 7,399,370 | 8.0% |
ASK Total (000) | 11,522,897 | 4.3% | 45,881,070 | 6.2% |
Passenger load factor | 87.2% | 2.5pt | 85.5% | 2.4pt |
Available cargo/mail tonne km (000) | 1,357,125 | 7.3% | 5,231,649 | 9.1% |
Cargo and mail load factor | 62.6% | -0.5pt | 65.0% | 2.3pt |
ATK (000) | 2,452,684 | 6.0% | 9,594,458 | 7.8% |
Esther Lee, Corporate Communication Manager - Public Affairs
Tel: +852 2747-5362 Email: esther_lee@cathaypacific.com
Cissy Ho, Assistant Corporate Communication Manager - Public Affairs
Tel: +852 2747-5376 Email: cissy_ho@cathaypacific.com
Cathay Pacific website: www.cathaypacific.com
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Glossary Terms: Available seat kilometres ("ASK")Passenger seat capacity, measured in seats available for the carriage of passengers on each sector multiplied by the sector distance.
Available tonne kilometres ("ATK")Overall capacity measured in tonnes available for the carriage of passengers, excess baggage, cargo and mail on each sector multiplied by the sector distance.
Available cargo/mail tonne kilometresCargo capacity measured in tonnes available for the carriage of cargo and mail on each sector multiplied by the sector distance.
Revenue passenger kilometres ("RPK")Number of passengers carried on each sector multiplied by the sector distance.
Cargo and Mail revenue tonne kilometresTraffic volume, measured in load tonnes from the carriage of cargo and mail on each sector multiplied by the sector distance.
Ratio:Revenue passenger kilometres/ Cargo and mail revenue tonne kilometres
Passenger/Cargo and mail load factor = ----------------------------------------------------
Available seat kilometres/
Available cargo and mail tonne kilometres
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