Cathay passenger, cargo figures show recovery signs

Cathay passenger, cargo figures show recovery signs
AFP
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First Published: Mon, Sep 14 2009. 03 43 PM IST
Updated: Mon, Sep 14 2009. 03 43 PM IST
Hong Kong: Cathay Pacific reported on Monday a 3.8% year-on-year increase in passenger numbers in August, supported by improved demand for air travel.
Combined passenger figures for the Hong Kong carrier and its affiliate Dragonair rose to 2.21 million last month, the airline said in a statement.
For the year to date, the number of passengers carried was down 4%.
Tom Owen, Cathay’s general manager in revenue management, said the figures indicated a strong recovery.
“Although the summer peak traffic arrived much later and at a lower yield than normal, we did see a strong recovery in pent-up regional demand for the month with an abating swine flu impact,” he said.
“Traffic in the premium cabins, however, remained weak in comparison to previous years throughout August and at materially lower yields.”
Owen added that the year-on-year comparisons in August were skewed by high demand on mainland China routes during the Beijing Olympics last summer.
The combined cargo traffic of the two airlines experienced the lowest year-to-year decline of the year to date, dropping 6.3% to 131,732 tonnes last month, the statement said.
Tonnage has fallen 13.1% for the year to date.
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First Published: Mon, Sep 14 2009. 03 43 PM IST