Cathay Pacific 2010 Annual Report Download - page 21

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Cathay Pacific Airways Limited Annual Report 2010
19
There was a significant increase in the demand for air cargo in 2010, with a strong
and sustained recovery in all major markets. The tonnage carried by Cathay Pacific
and Dragonair was 1.8 million tonnes, representing an increase of 18.1% compared
to 2009. The load factor increased by 4.9 percentage points to a record 75.7%. Yield
also increased 25.3% to HK$2.33. Cargo revenue rose 54.7% to HK$23,727 million.
Capacity reduced in response to the economic downturn was reinstated, with all
parked freighters being brought back from the desert. The fleet worked at high levels
of utilisation throughout the year.
Review of Operations
Available tonne kilometres (“ATK”), load factor and yield for Cathay Pacific and
Dragonair cargo services for 2010 were as follows:
ATK (million) Load factor (%) Yield
2010 2009 Change 2010 2009 Change Change
Cathay Pacific and Dragonair 13,443 11,666 +15.2% 75.7 70.8 +4.9%pt +25.3%
Capacity – cargo and mail ATK*
HK$ million
0
10,000
5,000
15,000
20,000
25,000
30,000
2006 2007 2008 2009 2010
Turnover*
Million tonne
kilometres
0
4,000
6,000
2,000
8,000
10,000
12,000
14,000
2006 2007 2008 2009 2010
* Includes Dragonair from 1st October 2006.
CARGO SERVICES ASIA MILES