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Cathay-Dragonair tonnage up 1.4pc in December, rises 4.3pc in 2015
HONG KONG'S Cathay Pacific Airways and Dragonair posted a 1.4 per cent year-on-year increase in December to 158,741 tonnes of cargo and mail.
The cargo and mail load factor fell 0.3 percentage points to 67.9 per cent. Capacity, measured in available cargo/mail tonne kilometres, was up 2.4 per cent while cargo and mail revenue tonne kilometres (RTKs) flown increased two per cent.
For 2015 as a whole, tonnage rose 4.3 per cent against a capacity increase of 5.4 per cent and a 5.4 per cent rise in RTKs.
Cathay Pacific and Dragonair carried 2,933,382 passengers last month - an increase of 5.8 per cent year on year.
The passenger load factor grew by 1.5 percentage points to 85 per cent while capacity, measured in available seat kilometres (ASKs), grew six per cent. For 2015 as a whole, passenger traffic rose by 7.9 per cent while capacity increased by 5.9 per cent.
"The seasonal peak for air freight lasted until the week before Christmas and our performance in December, at least in terms of tonnage lifted, was marginally ahead of expectations," said Cathay cargo chief Mark Sutch.
"Demand on the transpacific and Indian routes remained robust. Unfortunately, the excess of capacity in the world's air cargo markets made it difficult for carriers to get rates up to the kind of levels expected during the year-end peak," he said.
The cargo and mail load factor fell 0.3 percentage points to 67.9 per cent. Capacity, measured in available cargo/mail tonne kilometres, was up 2.4 per cent while cargo and mail revenue tonne kilometres (RTKs) flown increased two per cent.
For 2015 as a whole, tonnage rose 4.3 per cent against a capacity increase of 5.4 per cent and a 5.4 per cent rise in RTKs.
Cathay Pacific and Dragonair carried 2,933,382 passengers last month - an increase of 5.8 per cent year on year.
The passenger load factor grew by 1.5 percentage points to 85 per cent while capacity, measured in available seat kilometres (ASKs), grew six per cent. For 2015 as a whole, passenger traffic rose by 7.9 per cent while capacity increased by 5.9 per cent.
"The seasonal peak for air freight lasted until the week before Christmas and our performance in December, at least in terms of tonnage lifted, was marginally ahead of expectations," said Cathay cargo chief Mark Sutch.
"Demand on the transpacific and Indian routes remained robust. Unfortunately, the excess of capacity in the world's air cargo markets made it difficult for carriers to get rates up to the kind of levels expected during the year-end peak," he said.
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