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CATHAY Pacific and Cathay Dragon carried a combined 192,190 tonnes of cargo and mail in December, an increase of 10.2 per cent year on year.

The cargo and mail load factor in December rose by 2.4 percentage points to 71.9 per cent. Capacity measured in available cargo/mail tonne kilometres was up 5.7 per cent while cargo and mail revenue tonne kilometres (RTKs) increased by 9.2 per cent year on year.

For the whole of 2017, tonnage increased by 10.9 per cent to 2.06 million tonnes against a 3.6 per cent increase in capacity and an 9.0 per cent increase in RTKs, a statement from Cathay said.

Cathay Pacific director commercial and cargo Ronald Lam said: "Cargo's strong momentum continued well into December, with volumes growing well ahead of capacity. We were able to sustain a high load factor and high yield during the month. As a result, revenue efficiency gains were observed in all route groups.

"Not only did our home market of Hong Kong perform well, strong cargo feed from across the network enabled us to achieve an all-time weekly tonnage uplift record in the week ending December 9. In terms of the nature of commodities carried, perishables were much in demand in the lead up to the festive season."

The group's airlines carried a total of 3.05 million passengers in December - an increase of 3.1 per cent compared to the same month last year.

The passenger load factor increased 0.4 percentage points to 84.6 per cent, while capacity, measured in available seat kilometres (ASKs), increased by 4.1 per cent. In 2017, the number of passenger carried increased by 1.4 per cent to 34.82 million while capacity rose by 2.8 per cent.

"Business traffic prior to the holiday period continued to be strong, while frontend leisure demand over Christmas was high, especially on regional routes. The backend performance was also robust, which was partially driven by a growing demand for premium economy class travel.

"On 23 December 2017, we established a new record in the number of passengers carried in a single day. Routes to the UK and Europe were particularly popular during the month, while routes to Japan and Taiwan also performed well, with both volume and yield improvements recorded," Mr Lam added.

  • 2018-01-19