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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited
take no responsibility for the contents of this announcement, make no representation as to its
accuracy or completeness and expressly disclaim any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any part of the contents of this
announcement.
CATHAY PACIFIC AIRWAYS LIMITED
國泰航空有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 293)
October 2014 Traffic Figures
The appended press release contains combined traffic figures for October 2014 for Cathay
Pacific Airways Limited (“Cathay Pacific”) and its wholly owned subsidiary, Hong Kong
Dragon Airlines Limited (“Dragonair”). The information in the press release may be price
sensitive. This announcement containing the press release is accordingly being issued
pursuant to Part XIVA of the Securities and Futures Ordinance. The information in the press
release has been prepared on the basis of internal management records. It has not been
audited or reviewed by external auditors.
This announcement is issued by Cathay Pacific pursuant to Part XIVA of the Securities and
Futures Ordinance.
The information in this announcement has been prepared on the basis of internal management
records. It has not been audited or reviewed by external auditors.
Investors are advised to exercise caution in dealing in shares of Cathay Pacific.
As at the date of this announcement, the Directors of Cathay Pacific are:
Executive Directors: John Slosar (Chairman), James Barrington, Ivan Chu, Rupert Hogg,
Martin Murray;
Non-Executive Directors: Cai Jianjiang, Fan Cheng, James W.J. Hughes-Hallett, Peter
Kilgour, Ian Shiu, Song Zhiyong, Merlin Swire, Zhao Xiaohang;
Independent Non-Executive Directors: Irene Lee, Jack So, Tung Chee Chen and Peter Wong.
By Order of the Board
Cathay Pacific Airways Limited
David Fu
Company Secretary
Hong Kong, 17th November 2014
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17 November 2014
FOR IMMEDIATE RELEASE
CATHAY PACIFIC RELEASES COMBINED TRAFFIC FIGURES
FOR OCTOBER 2014
Cathay Pacific Airways today released combined Cathay Pacific and Dragonair
traffic figures for October 2014 that show an increase in both passenger numbers
and the volume of cargo and mail uplifted compared to the same month last year.
Cathay Pacific and Dragonair carried a total of 2,659,710 passengers in October – a
year-on-year increase of 5.0%. The passenger load factor fell by 0.8 percentage
points to 80.7% while capacity, measured in available seat kilometres (ASKs),
increased by 6.8%. For the year to the end of October, passenger volumes were up
by 5.6% compared to a 6.0% increase in capacity.
The two airlines carried 156,590 tonnes of cargo and mail last month, an increase of
14.0% compared to October last year. The cargo and mail load factor rose by 3.5
percentage points to 65.1%. Capacity, measured in available cargo/mail tonne
kilometres, rose by 12.3% while cargo and mail revenue tonne kilometres (RTKs)
flown were up by 18.7%. For the year to the end of October, tonnage rose by 11.9%
while capacity was up 11.4% and RTKs increased by 15.0%.
Cathay Pacific General Manager Revenue Management Patricia Hwang said:
“Traffic growth was generally slower than hoped across the network in October and
the upswing in the premium cabins was also below expectations. Loads to Europe
and Australia/New Zealand remained high while, within the region, demand to Korea
and Southeast Asia was particularly strong. The growth in passenger numbers on
our North America routes continued to fall short of the sizeable increase in capacity.
Demand for leisure and business travel into Hong Kong remained largely unaffected
by the protests taking place in the city.”
Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said: “The
airfreight markets remained buoyant in October and we saw a continued surge in
demand out of Hong Kong and Mainland China, which was still being driven by
shipments of consumer IT products. North America remains the focus of our
business and we strengthened our network further last month with the launch of a
new freighter service to Calgary and increased frequencies into Mexico. Intra-Asia
freight is an increasingly important part of our business and we will launch a new
twice-weekly service to Phnom Penh this month to capture more of the demand.”
The full October figures are on the next page.
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CATHAY PACIFIC /
DRAGONAIR COMBINED
TRAFFIC
RPK (000)
- Mainland China
- North East Asia
- South East Asia
- India, Middle East, Pakistan &
Sri Lanka
- South West Pacific & South
Africa
- North America
- Europe
RPK Total (000)
Passengers carried
Cargo and mail revenue tonne
km (000)
Cargo and mail carried (000kg)
Number of flights
CATHAY PACIFIC /
DRAGONAIR COMBINED
CAPACITY
ASK (000)
- Mainland China
- North East Asia
- South East Asia
- India, Middle East, Pakistan &
Sri Lanka
- South West Pacific & South
Africa
- North America
- Europe
ASK Total (000)
Passenger load factor
Available cargo/mail tonne km
(000)
Cargo and mail load factor
ATK (000)
OCT
% Change
Cumulative
%
Change
2014
VS OCT 2013
OCT 2014
YTD
722,328
1,247,589
1,295,598
713,257
2.5%
7.1%
9.1%
8.5%
7,082,376
12,152,307
12,273,589
7,200,619
1.9%
10.4%
1.7%
7.6%
1,286,071
6.7%
12,610,017
8.8%
2,619,561
1,480,843
9,365,247
2,659,710
927,369
9.9%
-4.7%
5.7%
5.0%
18.7%
26,395,046
15,758,788
93,472,742
26,227,622
8,111,854
16.8%
-0.9%
7.7%
5.6%
15.0%
156,590
6,511
14.0%
5.2%
1,401,534
62,469
11.9%
5.1%
OCT
% Change
Cumulative
%
Change
2014
VS OCT 2013
OCT 2014
YTD
983,057
1,578,741
1,601,059
892,352
-1.3%
8.8%
6.5%
0.6%
9,357,328
15,253,934
15,233,509
9,033,507
-2.5%
8.2%
1.0%
2.3%
1,514,629
3.8%
14,859,845
2.6%
3,288,816
1,747,210
11,605,864
80.7%
1,424,725
19.8%
-4.2%
6.8%
-0.8pt
12.3%
30,296,098
17,770,611
111,804,832
83.6%
12,800,433
19.3%
-1.4%
6.0%
1.3pt
11.4%
65.1%
2,528,387
3.5pt
9.8%
63.4%
23,432,462
2.0pt
8.9%
FOR FURTHER INFORMATION PLEASE CONTACT:
Ivan Chan, Corporate Communication Manager - Public Affairs, 2747-3837,
email: ivan_c_chan@cathaypacific.com
Catherine Sin, Assistant Corporate Communication Manager - Public Affairs, 2747-5694,
email: catherine_sin@cathaypacific.com
The Cathay Pacific Website can be found at www.cathaypacific.com
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Glossary
Terms:
Available seat kilometres (“ASK”)
Passenger seat capacity, measured in seats available for the carriage of passengers
on each sector multiplied by the sector distance.
Available tonne kilometres (“ATK”)
Overall capacity measured in tonnes available for the carriage of passengers,
excess baggage, cargo and mail on each sector multiplied by the sector distance.
Available cargo/mail tonne kilometres
Cargo capacity measured in tonnes available for the carriage of cargo and mail on
each sector multiplied by the sector distance.
Revenue passenger kilometres (“RPK”)
Number of passengers carried on each sector multiplied by the sector distance.
Cargo and Mail revenue tonne kilometres
Traffic volume, measured in load tonnes from the carriage of cargo and mail on each
sector multiplied by the sector distance.
Ratio:
Revenue passenger kilometres/
Cargo and mail revenue tonne kilometres
Passenger/Cargo and mail load factor = ---------------------------------------------------Available seat kilometres/
Available cargo and mail tonne kilometres
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