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            september 23, 2019

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Busworld 2019

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Cathay and Dragonair December cargo up 3.4pc


Hong Kong's Cathay Pacific and Dragonair posted a 3.4 per cent year-on-year increase in combined cargo and mail to 146,897 tonnes in December, but the full-year tonnage dropped 5.3 per cent as capacity shrank 3.1 per cent.
"December was the fourth month in a row that we saw year-on-year growth in tonnage. The cargo market had been in the doldrums since April 2011, so it was good to see the year ending on a stronger note," said Cathay cargo chief James Woodrow.
"However, the cargo and mail tonnage carried in 2012 was still some way behind the 2010 total," he said, adding that the two airlines operated close to a full freighter schedule in December and added Colombo to the freighter network.
The monthly cargo and mail load factor decreased 0.4 percentage points to 67.4 per cent. Capacity, measured in available cargo and mail tonne kilometres, rose one per cent, while cargo and mail revenue tonne kilometres increased 0.4 per cent.
The two airlines carried a total of 2,520,864 passengers in December, up 2.5 per cent year on year. The passenger load factor rose 1.1 percentage points to 80.7 per cent, while capacity, measured in available seat kilometres (ASKs), dropped 4.5 per cent. For 2012 as a whole, the number of passengers carried was up five per cent compared to a 2.6 per cent capacity increase. The year's load factor was 80.1 per cent, down 0.3 per cent year on year.

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