Cathay traffic up 6.8% in January

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Cathay Pacific Airways has reported a 6.8% growth in RPKs in January, compared with the same period a year ago.

Passenger numbers grew 6.8% to 2.24 million, says the Oneworld carriers. Its traffic figures include that of subsidiary Dragonair.

Capacity, as measured in ASKs, grew 10.1%, while the passenger load factor declined 2.5 percentage points to 81.3%, says Cathay.

Tom Owen, Cathay Pacific, general manager revenue management says: "Passenger traffic held up quite well following the Christmas and New Year peaks, and the quality of revenue in all classes of travel saw an improvement over the same period in 2010."

On the cargo front, Cathay reported a total cargo volume of 144,402t, up 8.9% compared with the corresponding period a year ago.

Cathay Pacific general manager cargo sales and marketing James Woodrow says: "Freight volumes fell away a little following the 2010 year-end peak but, overall, traffic still held up quite well throughout the first month of 2011."

"Demand out of the key Hong Kong and Mainland China markets was a little softer than anticipated but this freed up space to enable us to carry more shipments from other destinations in the network. The expected pre-Chinese New Year rush did not materialise to the extent seen in previous years," Woodrow adds.