Cathay Pacific Airways Profits multiply at FinGad.com

Vote

Categorie: IPO / Secondary Offering
Submitted 3 months ago by

Xpertwriter , CEO At E-HostingJunction.com at Spectrum Resumes , Inc

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for July 2008 that show nearly a double digit growth in the number of passengers carried by the two airlines compared to the same month in 2007, along with a rise in cargo tonnage.In July the two airlines carried a total of 2,308,738 passengers an increase of 9.7 percent over the same month last year. The month's load factor was down 0.5 percentage points to 84.1 percent, while capacity, measured in available seat kilometres (ASKs), increased by 16.3 percent on the previous year. For the year to date, the passenger total is up 13.1 percent compared to a capacity rise of 14.6 percent.Cathay Pacific and Dragonair between them carried 142,770 tonnes of cargo and mail in July, up 5.0 percent on July 2007. Capacity for the month, measured in available cargo/mail tonne kilometres, grew by 2.4 percent while the cargo and mail load factor dipped by 0.1 percentage points to 66.0 percent. For the year to date, the 6.6 percent rise in cargo tonnage compares to a 6.2 percent capacity climb More...

[ 2 Comments | Send To A Friend | Bookmark Review ]

2 comments ↓

#1 | Liz @ 3 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: The airline warned that its financial results this year also first half to June would be disappointing due to the high price of jet fuel. It was said that Its fuel costs for the first half were 60% higher than the year before...!!
#2 | Xpertwriter @ 3 months ago CEO At E-HostingJunction.com at Spectrum Resumes , Inc User Rank : 1648 Portfoilo Balance: $176,828.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Yeah the High Prices may hit the Profits Cathay pacific

Please Login or Register to comment