HONG KONG-Cathay Pacific and Dragonair have released their combined traffic results for November 2011, with passenger demand rising 6.0% year-on-year.
The growth was driven by routes to and from mainland China, which experienced a 10.9% increase in traffic, and North American, which saw 16.2% growth. The airlines added 8.6% more seat capacity in November, compared to the same month last year, causing average load factors to dip two percentage points to 78.5%. Year-to-date, Cathay and Dragonair have carried 25.1 million passengers with strong average load factors of 80.4%.
“Once again the growth in passenger traffic could not keep pace with the increase in capacity, which accounts for the dip in load factor. It was a similar story to previous months with demand in the premium cabins remaining robust, while in the economy cabins yield came under increasing pressure, on long-haul routes in particular. Bookings for the upcoming Christmas travel peak are in line with expectations, but the outlook for the early part of 2012 is still very uncertain,” said Cathay’s General Manager for Revenue Management, James Tong.
The growth was driven by routes to and from mainland China, which experienced a 10.9% increase in traffic, and North American, which saw 16.2% growth. The airlines added 8.6% more seat capacity in November, compared to the same month last year, causing average load factors to dip two percentage points to 78.5%. Year-to-date, Cathay and Dragonair have carried 25.1 million passengers with strong average load factors of 80.4%.
“Once again the growth in passenger traffic could not keep pace with the increase in capacity, which accounts for the dip in load factor. It was a similar story to previous months with demand in the premium cabins remaining robust, while in the economy cabins yield came under increasing pressure, on long-haul routes in particular. Bookings for the upcoming Christmas travel peak are in line with expectations, but the outlook for the early part of 2012 is still very uncertain,” said Cathay’s General Manager for Revenue Management, James Tong.
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