Cathay sees demand wane on South Asia routes
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Cathay Pacific and Dragonair have seen a drop in demand along its South Asian and Middle Eastern routes so far this year. Overall, Cathay Pacific and Dragonair carried a total of 2,036,437 passengers last month – down 1.2% on February 2010 – while the passenger load factor was down 6.8 percentage points to 77.3%. Capacity for the month, measured in available seat kilometres (ASKs), was up by 8.9%.
Passenger traffic on routes to India, Middle East, Pakistan & Sri Lanka fell at a much higher rate. In February, passenger volume was down -9.3% yoy and -7.9% in the first two months of 2011 compared to the same period in 2010. The airline has reduced capacity since last year, but only marginally, in fact these routes were the only sectors to witness a cut in Available Seat Kilometres in February.
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