HONG KONG - CATHAY Pacific Airways, Hong Kong's flag carrier, said on Thursday it carried nearly 3 per cent more passengers in December than the same month in 2009 while air freight volumes grew 12 percent as the global economy continues to recover.
December cargo and mail volume rose to 161,302 tonnes, boosting annual growth to 18.1 per cent in 2010 with 1.8 million tonnes of goods moved, Cathay said in a statement.
The airline carried 2.28 million passengers in December and 26.8 million for the whole of 2010, up 2.9 percent and 9.1 per cent respectively.
But the passenger load factor fell 3.8 percentage points to 80.1 per cent in December due to an increase in capacity.
'However, the quality of revenue in all classes of travel was higher, with an improvement in the revenue efficiency of the operation,' Tom Owen, general manager revenue management of Cathay, said in the statement.
Its cargo and mail load factor also eased 1.2 percentage points to 77.4 per cent last month, while capacity, measured in available cargo/mail tonne kilometres, was up 19 per cent. -- REUTERS-------------------------------
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