Cathay Pacific traffic climbs in March
Published on Apr 18, 2012
Cathay Pacific and Dragonair carried a combined total of 2.39 million passengers in March 2012 – 10.6% more than the same month last year. All the of the airlines’ regions experienced year-on-year passenger growth last month, led by routes to and from North America (+18.0%), Northeast Asia (+15.7%) and mainland China (+12.3%).
Cathay added 8.2% more seat capacity last month compared with March 2011, and average cabin load factors climbed 2.5 percentage points to 79.4%.
In the first quarter of 2012, Cathay and Dragonair’s passenger traffic carried 7.02 million passengers, up 9.0% year-on-year, with load factors rising 0.2 points to 78.8%.
“Passenger volumes were generally robust in March, though year-on-year comparisons are distorted somewhat by the negative impact of last year’s earthquake and tsunami in Japan. The big issue at the moment is the accelerating yield decline in both the economy and premium cabins, resulting from a combination of the continuing economic uncertainty and competitive pressure,” explained the airline’s General Manager for Revenue Management, James Tong.
Brought to you by TravelDailyAsia.com