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Cathay Pacific : CX : CPA

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Message par Nils Mar 13 Oct 2009, 10:12

Résultats septembre pour CPA et Dragonair, l'érosion continue, doucement mais les signes encourageant semblent pointer

Sur Airtransportnews :

Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for September 2009 that show a decrease in passenger numbers and cargo and mail tonnage compared with the same month last year.

Cathay Pacific and Dragonair carried a total of 1,840,082 passengers in September – down 2% against the same month in 2008 - while capacity for the month, measured in available seat kilometres (ASKs), was down by 9.7%. The month’s load factor was up 7.9 percentage points to 80.2%.
For the first nine months of the year, the number of passengers carried has fallen by 3.8% compared to a capacity
decline of 3.9%.

The two airlines carried a total of 133,301 tonnes of cargo and mail last month, down 5.8% on September 2008, while the cargo and mail load factor rose by 7.9 percentage points to 74.40%.
--Capacity for the month, measured in available cargo/mail tonne kilometres, was 13.6% down. For the first nine months of the year, tonnage has fallen by 12.3% against a capacity reduction of 13.9%.

Cathay Pacific General Manager Revenue Management Tom Owen said:
“September saw a welcome seasonal upturn in demand for premium traffic with an improved share of the overall business, but at volumes and yields still well below previous years. Several special events including Indonesian Lebaran and the Japanese silver week holidays helped boost regional leisure demand for the month. Reduced capacity, especially on some long haul routes, provided the context for the higher load factors and improved efficiency levels on several routes compared to the recent past."

Cathay Pacific General Manager Cargo Sales & Marketing Titus Diu said: “The trend of plummeting yields that began in fourth quarter 2008 and continued through second quarter of 2009 has stopped as volumes have strengthened. We have experienced a gradual improvement in both volume and yield, albeit from a low base. However, it is still too soon to say whether these improvements are the beginning of a sustained recovery.


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Message par Swift60 Sam 17 Oct 2009, 12:18

Oui Jeannot, merci

Bien que ne connaissant pas Pprune, Cathay cherche une solution transitoire pour stopper, sur certaines routes, la désertion de passagers au profit de SIA ou QF sur certains tronçons.

Parmi les rumeurs de radio moquette, une location auprès d'ILFC. Qui confirmerait qu'ILFC n'a pas l'intention d'annuler une partie de ses A 380.

Ce qui fait beaucoup de rumeurs.

Toutefois, un sondage vieux de quelques mois, donnait la préférence à l'A380 ( 74% ) par rapport au 777 sur des portions d'itinéraires communs.
Entre Cathay, SIA, QF, le service à bord était jugé quasi égal ( bon ).

Il y a peut-être ausi l'aspect nouveauté, mais les réponses étaient majoritairement : "plus d'espace", même chez les passagers n'ayant jamais pris l'A380.... [Vous devez être inscrit et connecté pour voir cette image]
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Message par SYLVE Sam 17 Oct 2009, 12:48

Cathay avait pris en location trois A 340-600 en 2002 auprès du même ILFC ( contrat de cinq ans ) avant de passer aux Boeing 777-300ER qui n'était pas encore disponibles.

En mai de cette année, le CEO de Cathay, en visite au Vietnam, avait bien déclaré qu'un achat de 7 A 380 et 5 A 330 était possible,
( procen news.com, je ne retrouve plus l'annonce )
alors qu'on avait pu lire un peu partout qu'une commande d'A380 n'était pas à l'ordre du jour. Encore moins de 747-8 I.

.......mais, depuis, nous n'avons rien vu.

La détente sur le loyer de l'argent et les efforts de la Chine donnent, plus globalement, des espoirs aux airframers.

Les lessors, eux, connaissent des temps bien difficiles.

On peut dire que le moment est bon pour louer ou acheter ?
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Cathay Pacific : CX : CPA - Page 2 Empty Re: Cathay Pacific : CX : CPA

Message par Trish Jeu 11 Mar 2010, 10:27

Cathay repasse en positif en 2009.

Mais reste prudent :

----------------------------------------------------------


Cathay Pacific Group returned to profit in 2009, posting a HK$4.69 billion ($604.9 million) surplus that was reversed from a restated 2008 loss of HK$8.7 billion, as fuel hedges, one-time gains and capacity and cost cuts boosted the bottom line.

Revenue dropped 22.6% to HK$66.98 billion, but the company benefitted from fuel hedge gains of HK$2.76 billion and HK$1.25 billion from the sale of a 12.5% stake in Hong Kong Aircraft Engineering Co. [Vous devez être inscrit et connecté pour voir ce lien].

"The global slump resulted in extremely challenging business conditions. . . While there was some pickup in both our passenger and cargo business toward the end of the year. . .overall we saw a deep downturn in our key markets which in turn led to sharply reduced revenues," Chairman Christopher Pratt said.

"We took a number of measures to help us address the steep downturn in business, including reducing capacity in both Cathay Pacific and Dragonair, reducing operating costs and capital expenditure, introducing an unpaid leave scheme for staff, parking a number of aircraft, working to get concessions from suppliers and requesting a deferral of new deliveries from aircraft manufacturers," Pratt added [Vous devez être inscrit et connecté pour voir ce lien].

Operating expenses were slashed 33.7% to HK$62.5 billion and operating result swung to a HK$5.73
billion profit from an HK$8.03 billion deficit in 2008
.

CX and Dragonair carried a combined 24.6 million passengers last year, down 1.6%, while passenger yield plunged 19.5% to HK$0.511. Load factor rose 1.7 points to 80.5% as capacity was cut 3.7% to 111.17 billion ASKs.

As of year end CX operated
32 A330-300s,
15 A340-300s,
23 747-400s, f
ive 777-200s,
12 777-300s,
14 777-300ERs,
six 747-400Fs,
13 747-400BCFs
and six 747-400ERFs.

One 747-400 is coming off lease this year, and the carrier expects to take delivery of one A330-300 and four 777-300ERs.

Dragonair operates nine A320-200s,
six A321-200s
and 14 A330-300s.

Two A320-200s are scheduled for delivery in 2010 and leases will expire on one of each type.

The group's Air Hong Kong
subsidiary flies eight A300-600Fs.

"We remain cautious about the prospects for 2010," Pratt said. "Revenues and yields remain below levels experienced prior to the recent downturn and there has not yet been a sustained improvement in premium passenger demand. . That said, we have many things working in our favor which will help to put us in a stronger position if the current recovery in the world economy is sustained."

by Brian Straus

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Message par Patts Ven 16 Avr 2010, 23:33

Résultats mars du trafic chez Cathay & Dragonair :

Du mieux comparé à 2009 avec ASK, comme presque partout en baisse. L'activité cargo ( tout cargo et belly ) redémarre. Encourageant

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Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for March
2010 that show a significant rise in passenger volumes and cargo and mail tonnage compared to the same month last year when the impact of the global downturn was being felt.


Last month, Cathay Pacific and Dragonair carried a total of 2,221,694 passengers – up 6% on March 2009.

The month’s passenger load factor was 85.7%, an increase of 6.6 percentage points, while capacity for the month, measured in available seat kilometres (ASKs), decreased by 1.6%.

For the first three months of 2010 combined, the number of passengers carried was up 6.4% compared to an ASK drop
of 1.6%.

The two airlines carried a total of 159,270 tonnes of cargo and mail last month, up 22.9% on March last year.

The cargo and mail load factor was 81.7%, a rise of 13.8 percentage points, while capacity, measured in available cargo/mail tonne kilometres, was up by 0.7%.
For the year to date, a tonnage rise of 24.1% compared to a capacity decline of 1.1%.
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Message par Vicant2 Ven 23 Avr 2010, 22:06

Boeing livre le 75ème 777 de Cathay. Un -300ER

Boeing (NYSE: BA) and Cathay Pacific Airways celebrated Monday as the airline took delivery of its
75th airplane purchased directly from Boeing, a 777-300ER (Extended Range).

"The 777 allows us to economically offer non-stop service to the major gateways of the world," said John Slosar, chief operating officer, Cathay Pacific Airways. "The 777 has great passenger appeal, so it's really a core airplane for us. It has completely changed our business model over the last three years and enabled us to climb up strongly in the eyes of the traveling public."

The new airplane expands the airline's 777 fleet to 34 airplanes, which include 12 777-300s and five 777-200s.
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Message par Daren Ven 30 Avr 2010, 19:27

LoI Haeco / Cathay pour le suivi des 747-8F à recevoir


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Hong Kong Aircraft Engineering Company Limited (HAECO) has signed a Letter of Intent (LOI) with Cathay Pacific Airways Limited to provide long-term Inventory Technical Management (ITM) services for the airline’s fleet of ten new Boeing 747-8 Freighters, to be delivered between 2011 and 2013.

The ITM service is part of HAECO’s technical total-care management solutions, and the scope of the service will include asset management, reliability management, supply chain management, technical service, and comprehensive 24/7 Aircraft-on-Ground support.

The LOI records the joint intention of HAECO and Cathay Pacific to enter into a full contract framework prior to the Boeing 747-8Fs’ Entry-into-Service, and the agreement allows certain time-critical activities, such as inventory provisioning, to take place in parallel with the final stages of aircraft commissioning.

Cathay Pacific will also assist HAECO in establishing strategic partnerships with Original Equipment Manufacturers (OEMs), enabling the company to act as an integrator to provide inventory technical management services on behalf
of the airline.

The efficiencies resulting from pooling inventory resources will give HAECO the competitive advantage to capture
additional third-party business opportunities for the Boeing 747-8 ITM service in the future.

“HAECO has been Cathay Pacific’s strategic partner in the provision of technical maintenance since the airline’s earliest days,” explains Augustus Tang, Chief Executive Officer of HAECO. “The Letter of Intent enables Cathay Pacific to further leverage HAECO’s unmatched engineering and component management resources.”

“This collaboration augurs well for HAECO’s long-term strategy to offer the ITM service as part of our total-care solution to our valued customers. It reinforces our position as a comprehensive maintenance and repair organisation (MRO) in Asia, and upholds Hong Kong’s position as the region’s premier aviation hub,” added Mr. Tang.
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Message par Questar Lun 12 Juil 2010, 21:14

Résultats juin de CPA & Dragonair

De mieux en mieux, surtout pour le cargo

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Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for June 2010 that show significant year-on-year rises in both the number of passengers and amount of cargo and mail carried.


Cathay Pacific and Dragonair carried a total of 2,216,215 passengers in June – up 27.5% on the same month last year.

The passenger load factor was 85.4%, a rise of 8.6 percentage points, while capacity for the month, measured in available seat kilometres (ASKs), was up by 7.7%.

In the first half of 2010 the number of passengers carried was up by 8.5% compared to an ASK drop of 0.1%.

The two airlines carried a total of 148,520 tonnes of cargo and mail last month, up 19.9% on June last year.

The cargo and mail load factor was 75.4%, a rise of 4.1 percentage points, while capacity, measured in available cargo/mail tonne kilometres, was up by 19.2%.

In the first half of the year, tonnage rose by 24.4% compared to a capacity increase of 7.1%.

Cathay Pacific General Manager Revenue Management Tom Owen said: "Demand in June remained high in the build-up to the summer peak, as we continued to restore capacity that was cut in response to the huge downturn in business in 2009. We enjoyed increases in volumes and yields compared to the previous year across most routes.
Premium cabins saw a continuation of the pick-up off a low base in 2009, though volumes still remain below 2008 levels.

Overall, we expect to see strong demand throughout July and August, although we view the sustainability of the
current robust revenue trends towards the end of the year with a degree of caution.”

Cathay Pacific General Manager Cargo Sales & Marketing James Woodrow said: "We saw some softening in the market in June compared to previous months and the increase in tonnage was only just ahead of the increase in capacity for the month.
However, overall demand remained robust out of the key Hong Kong and Shanghai markets, particularly on transpacific
routes.
The Japan market has also been performing well. In terms of capacity, we have now brought back all parked freighters from the desert, though one Boeing Converted Freighter will transfer to the cargo joint venture with Air China in August.”
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