Cathay Pacific Airways : Group Releases Combined Traffic Figures for May 2018
June 19, 2018 at 05:48 am EDT
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Tuesday, June 19, 2018 - Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2018 that show a slight drop in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2017.
Cathay Pacific and Cathay Dragon carried a total of 2,827,634 passengers last month - a drop of 0.8% compared to May 2017. The passenger load factor decreased 2.2 percentage points to 82%, while capacity, measured in available seat kilometres (ASKs), increased by 2.9%. In the first five months of 2018, the number of passenger carried grew by 1.4% while capacity increased by 3%.
The two airlines carried 175,074 tonnes of cargo and mail last month, an increase of 8.2% compared to the same month last year. The cargo and mail load factor rose by 2.3 percentage points to 68.6%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 3.8% while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 7.4%. In the first five months of 2018, the tonnage rose by 7.9% against a 4.5% increase in capacity and a 7.7% increase in RFTKs.
Cathay Pacific Director Commercial and Cargo Ronald Lam said: 'May is traditionally a relatively slack month for leisure travel. Our overall passenger volume growth was therefore slightly slower than capacity increases. However, we saw good growth in overall yield, mainly driven by healthy business travel demand and favourable currency trends.
'In terms of cargo, we had stable uplift in May. Higher transshipment flow across the network helped improve our load factor, while yield also strengthened. Our new European routes to Brussels, Copenhagen and Dublin were all launched smoothly and are performing in line with our expectations.'
Airlines Combined TRAFFIC
MAY
% Change
Cumulative
%
Change
2018
v MAY 17
MAY 2018
v YTD17
RPK (000)
- Mainland China
756,423
-0.1%
3,834,534
2.9%
- North East Asia
1,237,894
0.5%
6,676,030
0.8%
- South East Asia
1,429,593
-0.8%
7,402,587
0.4%
- India, Middle East, Pakistan & Sri Lanka
596,297
-2.6%
2,903,640
-1.7%
- South West Pacific & South Africa
1,175,590
-4.8%
7,371,796
1.2%
- North America
3,064,409
-1.8%
14,145,848
1.4%
- Europe
2,120,585
8.3%
10,567,326
7.3%
RPK Total (000)
10,380,791
0.2%
52,901,761
2.2%
Passengers carried
2,827,634
-0.8%
14,559,319
1.4%
RFTK Total (000)
965,348
7.4%
4,802,950
7.7%
Cargo and mail carried (000kg)
175,074
8.2%
857,897
7.9%
Number of flights
6,779
2.1%
33,722
2.3%
Airlines Combined CAPACITY
MAY
% Change
Cumulative
%
Change
2018
v MAY 17
MAY 2018
v YTD17
ASK (000)
- Mainland China
1,001,486
-0.1%
4,929,617
0.0%
- North East Asia
1,626,562
5.0%
8,147,343
1.7%
- South East Asia
1,814,610
3.0%
8,887,038
2.0%
- India, Middle East, Pakistan & Sri Lanka
734,387
3.0%
3,588,290
1.2%
- South West Pacific & South Africa
1,513,165
-5.9%
8,982,224
5.4%
- North America
3,382,656
-2.2%
16,093,206
-1.4%
- Europe
2,589,715
17.2%
12,348,089
11.5%
ASK Total (000)
12,662,581
2.9%
62,975,807
3.0%
Passenger load factor
82.0%
-2.2pt
84.0%
-0.7pt
AFTK Total (000)
1,407,234
3.8%
7,086,798
4.5%
Cargo and mail load factor
68.6%
2.3pt
67.8%
2.0pt
ATK (000)
2,611,122
3.4%
13,074,810
3.8%
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Cathay Pacific Airways Ltd. published this content on 19 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 June 2018 09:47:04 UTC
Cathay Pacific Airways Ltd is a company mainly engaged in the provision of international passenger and cargo air transportation. Together with its subsidiaries, the Company operates business through its four operating segments. The Cathay Pacific and Cathay Dragon segment provides full service international passenger and cargo air transportation under the Cathay Pacific and Cathay Dragon brands. The Air Hong Kong segment provides express cargo air transportation offering scheduled services within Asia. The HK Express segment provides a low-cost passenger air transportation offering scheduled services within Asia. The Airline Services segment provides supporting airline operations services include catering, cargo terminal operations, ground handling services and commercial laundry operations.