Cathay Pacific Airways Reports Boost
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www.pata.org
Cathay Pacific Airways released combined Cathay Pacific and Dragonair traffic figures for May 2010 that show a 12% increase in passengers, up from the same month last year.
Cathay Pacific General Manager Revenue Management Tom Owen said: "Our passenger business held up well in May, despite it traditionally being one of the softer months in the year. Volume and yield improved over the same month in 2009, when our business was being hit hard by the economic downturn and regional flights were affected by the swine flu outbreak. The China network in particular performed well, boosted by Shanghai Expo demand. Although still below pre-crisis levels, the pick-up in demand in our premium cabins continued last month and the overall outlook for the summer peak still remains solid.”
Cathay Pacific General Manager Cargo Mainland China & Hong Kong James Woodrow said: "May is not usually a strong season for air cargo but this year we saw a continuation of the high demand out of key markets seen in the first four months. Demand across the network remained strong and a general shortage of capacity in the industry helped to keep the load factor high. Our own capacity rose due a number of extra services and charters mounted in response to high demand, together with the return of freighters parked in the desert last year.” |
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