Cathay Pacific Group pax down 1%, cargo down 6% in 2019

Cathay Pacific Group reported (17-Dec-2019) the following combined traffic highlights for Cathay Pacific and Cathay Dragon:

• Dec-2019:
  • Passengers: 3.0 million, -3.6% year-on-year;
  • Passenger load factor: 85.0%, +1.2ppts;
  • Passenger traffic (RPKs): stable;
    • South Asia, Middle East & Africa: +5.9%;
    • South West Pacific: +3.5%;
    • North America: +3.4%;
    • Southeast Asia: +3.0%;
    • Europe: -2.0%;
    • Northeast Asia: -3.4%;
    • Mainland China: -23.8%;
  • Capacity (ASKs): -1.3%;
    • South East Asia: +4.0%;
    • South West Pacific: +1.8%;
    • South Asia, Middle East & Africa: +1.7%;
    • North America: -1.5%;
    • Europe: -2.9%;
    • North East Asia: -3.4%;
    • Mainland China: -12.2%;
  • Cargo: 177,561 tonnes, -2.9%;
  • Cargo load factor: 66.4%, -1.3ppts;
  • Flights: 6663, -6.6%;
• 12 months ended Dec-2019:
  • Passengers: 35.2 million, -0.7% year-on-year;
  • Passenger load factor: 82.3%, -1.8ppts;
  • Passenger traffic (RPKs): +2.9%;
    • Europe: +7.7%;
    • South Asia, Middle East & Africa: +6.6%;
    • South West Pacific: +4.3%;
    • North America: +3.5%;
    • Southeast Asia: +0.4%;
    • Northeast Asia: +0.1%;
    • Mainland China: -10.9%;
  • Capacity (ASKs): +5.1%;
    • Europe: +8.1%;
    • North America: +8.1%;
    • South Asia, Middle East & Africa: +6.6%;
    • North East Asia: +4.5%;
    • South East Asia: +2.7%;
    • South West Pacific: +1.6%;
    • Mainland China: -4.2%;
  • Cargo: 2.0 million tonnes, -6.1%;
  • Cargo load factor: 64.4%, -4.4ppts;
  • Flights: 81,195, -0.6%. [more - original PR]