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Old March 29th, 2005, 12:33 AM   #321
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Thai Press Reports
March 28, 2005
Cathay Pacific to Keep Airfares at Present Levels
Says will not increase fares in the near term despite soaring fuel prices, the Bangkok Post reports

Instead, the company, which posted a profit of HK$ 4.4 billion (19.8 billion baht) last year, aims to improve productivity and cut costs to help maintain margins.

Patrick Yeung, Cathay Pacific's regional manager for Southeast Asia, said his airline had no plans to raise fares or the existing fuel surcharge in the near future but would try instead to maintain profits through cost-cutting.

"Last year was the second-best year ever for Cathay," Mr. Yeung said at a briefing on March 24 in Bangkok.

The company's profits more than tripled in 2004 from HK$ 1.3 billion posted the year before. According to Mr. Yeung, economic conditions both globally and in Hong Kong were the main drivers behind the dramatic profit growth.

"Last year could have been the airline's best year on record had the price of fuel not shot up so sharply," he said.

Fuel accounted for 23.9% of the airline's total operating cost in 2004, up from 19.8% in 2003. It currently accounts for about 25% of the total operating cost, said Mr. Yeung.

The Hong Kong-based carrier has continued to expand its service to mainland China to capitalise on the country's booming economy. It has stepped up its service from Hong Kong to Beijing from three flights a week to providing daily flights and recently launched a new passenger service to Xiamen and a freight service to Shanghai.

In July, the carrier will tap the growing Russian market by adding a Hong Kong-Moscow route, said Mr. Yeung.
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Old March 30th, 2005, 05:23 PM   #322
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That's good to hear... Cathay is great at offering last-minute short-term roundtrip fares
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Old March 30th, 2005, 06:31 PM   #323
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Wednesday March 30, 3:07 PM
Rolls-Royce Signs Pacts With Cathay Pacific

AP - Airplane engine maker Rolls-Royce PLC said Wednesday it has signed contracts worth $770 million to provide Hong Kong-based airline Cathay Pacific with long-term maintenance for two more versions of its Trent engine.

Rolls-Royce said the support packages, managed by the company under the banner of TotalCare, cover the Trent 800 engines on 17 Boeing 777s, of which 15 aircraft have been delivered, and the Trent 500s that power Cathay Pacific's three ultra-long-range A340-600s.

The agreements are in addition to existing TotalCare support for the Trent 700 engines in Cathay Pacific's current fleet of 23 A330 twinjets, plus six further aircraft still to be delivered.

Rolls-Royce said in February that 14 percent growth in its engine servicing business contributed to a 21 percent rise in annual pretax profits to 345 million pounds ($649 million).

Shares in Rolls-Royce fell 0.7 percent to 2.42 pounds ($4.55) Wednesday on the London Stock Exchange.
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Old March 30th, 2005, 11:53 PM   #324
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High-flyers face increased risk of cancer thanks to cosmic rays
Simon Parry
27 March 2005
South China Morning Post

Cosmic radiation comes from outside the Earth's atmosphere - and the higher you fly and the further north or south you fly, the more likely you are to be exposed to it.

A flight across the poles exposes you to twice as much cosmic radiation as a flight across the equator because the atmosphere is thinner and the Earth's magnetic field is less effective in deflecting particles.

When you fly at 10,500 metres you are exposed to between 50 and 100 times more radiation than a person on the ground. A transatlantic flight exposes passengers to the equivalent radiation of at least one chest X-ray.

The amount of cosmic radiation at aviation altitudes varies. It follows an 11-year cycle, with the intensity of radiation being at its lowest when solar activity is at its highest, the Sun's stronger magnetic field deflecting the particles. Radiation is a risk to humans because cells may be altered as a result of being irradiated, and may subsequently become cancerous.

On some airlines, flight and cabin crew wear badges to monitor cumulative radiation exposure. On Cathay Pacific flights, data is drawn from general cosmic radiation reading and flight rosters to give readings for individual staff.

Radiation exposure is measured in Sieverts and the yearly normal dosage for the average person is estimated at two to three milliSieverts - or thousandths of a Sievert.

As a guideline for airline passengers, the International Commission on Radiological Protection recommends a limit of 1 milliSievert per year - equating to around 200 hours flying time a year on regular routes.

Studies suggest pilots and flight attendants on some airlines are exposed to the same amount of radiation as nuclear power plant workers.

In Finland, where flights over high latitudes are the norm, a 1995 study found flight attendants were twice as likely to contract breast cancer than women who do not fly regularly.
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Old March 31st, 2005, 06:57 PM   #325
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Cathay Pacific happy with Dragonair shareholder structure - claim
31 March 2005
Airline Industry Information

Hong Kong carrier Cathay Pacific Airways said on Wednesday (30 March) that it was satisfied with the shareholding structure in its rival Dragonair and had no current plans to change it.

Cathay Pacific owns 18% of Dragonair, which is 43% held by Beijing-controlled CNAC, 28.5% by CITIC Pacific and 7.71% by Swire Pacific Ltd, the parent company of Cathay Pacific.

In response to media and market speculation of a potential takeover of Dragonair by Cathay Pacific, the larger airline's chief operating officer said the company was satisfied with the shareholder structure of Dragonair. He declined to say whether Cathay Pacific wanted to increase its share in Dragonair.

Cathay Pacific is holding talks with Air China and Dragonair about code sharing on routes to secondary cities in China, added the chief operating officer.
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Old April 1st, 2005, 05:32 PM   #326
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Cathay to Refund Attendants' Back Pay
01 April 2005

HONG KONG (AP) - Cathay Pacific Airways Ltd. said Friday it will give flight attendants back pay after a court ruled earlier that the airline violated their contracts by refusing to give them automatic annual pay rises.

Cathay spokeswoman Carolyn Leung said the company decided not to appeal the High Court's ruling and will refund unpaid wages to about 3,300 flight attendants and make appropriate salary adjustments. She refused to give the total amount involved.

Newspapers quoted Cathay's flight attendants union as saying the back payments would be about $36 million.

The decision came after the High Court last month ruled in favor of three flight attendants who accused Cathay of breaching their contracts in 1999 by refusing to automatically bump them up one salary grade each year.

"It is in everyone's interests that we now put the issue behind us, in order that we can move forward together to grow Cathay Pacific into a stronger airline," Leung said.

Union chairwoman Becky Kwan did not immediately return a call from The Associated Press.

The airline had argued that the change in its policy was needed to help the company remain competitive in the wake of the 1997-98 Asian financial meltdown that threw Hong Kong and other parts of Asia into recession.
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Old April 2nd, 2005, 06:30 PM   #327
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01 April 2005
Government Press Release
Cathay Pacific gets second I Can Fly programme off the ground

Cathay Pacific Airways today got its second "I Can Fly" education and community service programme for Hong Kong youngsters off the ground by officially opening the scheme to applications at a ceremony in Olympian City 2 led by Chief Executive Philip Chen. Secretary for Economic Development and Labour Stephen Ip is the programme's Patron.

Cathay Pacific Chief Executive Philip Chen said: "Cathay Pacific's 'I Can Fly' programme has been created to involve, inform and inspire Hong Kong youth to seek and reach for their dreams. Our pilots, who have had their dream came true, will lead our programme members along and guide them towards their goals."

Mr Chen was joined by about a dozen members from the first "I Can Fly" programme and Cathay Pacific pilots who act as mentors to participants throughout as they learn about aviation and devise and take part in community service schemes.

The airline will recruit 1,000 youngsters aged between 13 and 18 years. Applications can be made direct online at http://icanfly.cathaypacific.com or through schools across Hong Kong which will be provided with application packs. The application closing date will be 3 May 2005.

The "I Can Fly" programme will run for 15 months from May 2005 through August 2006. Some of the best participants will earn the chance to visit the Boeing or Airbus aircraft factories in the United States and France, while others will fly for real at Cathay Pacific's pilot academy in Adelaide, Australia.

First Officer Ron Chan said that as a mentor he saw tremendous positive changes among students in his group as they developed team and leadership skills. "It is always good to tell the kids more about aviation. 'I Can Fly' also gave them an opportunity to develop into young adults willing to follow their dreams, take the initiative and seek responsibility."

Details of Cathay Pacific "I Can Fly" Programme 2005-2006 exhibition

2-3 April 2005
Venue: G/F., Central Atrium, Olympian City 2, 18 Hoi Ting Road, West Kowloon
Date/Time: 2 April (Sat) 3:00p.m. - 6:30pm, 3 April (Sun) 12:00 noon - 6:30pm

9-10 April 2005
Venue: Atrium II, Gateway Arcade, Harbour City, Tsim Sha Tsui, Kowloon
Date/Time: 9 April (Sat) 12:00 noon - 6:30pm, 10 April (Sun) 12:00 noon - 6:30pm







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Old April 3rd, 2005, 01:17 AM   #328
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Four flights out of Perth
3 April 2005
Sunday Times (Perth)

Cathay Pacific is flying high from Perth. Special writer GEOFFREY THOMAS looks at the airline's WA connection.

CATHAY Pacific's fourth flight a week from Perth begins today, arriving in Hong Kong in time to make connections to most north Asian cities such as Seoul, Taipei, Bangkok and Manila.

Perth passengers also get a host of European options and next-morning connections to the US and Canada.

The Indian Pacific had just completed its first journey across Australia, the nickel boom was beginning to fail with Poseidon shares dropping off their record highs of $280, and Paul McCartney was about to announce the

unthinkable -- the break up of the Beatles -- when the first Convair 880 of Hong Kong-based Cathay Pacific touched down at Perth airport.

That April 1, 1970, landing started an enduring relationship that has stood the test of time.

At that time, Cathay was a tiny airline with a fleet of just eight 119-seat four-engine Convair 880-22Ms and served 14 destinations, carrying 583,607 passengers for the year.

The flight from Perth left at 9am Sunday and travelled to Hong Kong via Jakarta and Kuala Lumpur.

The 880 was a hot rod and loved by Cathay pilots.

It owed its speed and design

to the extraordinary Howard Hughes, whose airline at the time -- Trans World Airlines -- was the launch customer.

At one stage Mr Hughes wanted to have gold anodising on the fuselage and it was to be called the Golden Arrow.

But somehow sanity prevailed and the aircraft took the name 880 to denote the feet per second it would travel.

But Convair engineers joked that 880 stood for the number of changes in the design that Mr Hughes insisted on making.

Convair 880s gave way to 707s in the late 1970s which were replaced by Lockheed Tristars and then 747s before 249-seat Airbus A330s entered service in the mid-1990s.

The weekly service became twice weekly in 1989 and thrice weekly in the mid-1990s. Today sees the start of a fourth weekly service. The groundwork for Cathay's ability to survive the turmoil of the past few years was the cost-cutting started in the mid-1990s by Perth-born Rod Eddington and the late Peter Sutch.

The airline has recently undertaken another upgrade with first-class beds, business-class sleepers and seatback video-on-demand throughout the fleet.

Flights out of Perth are Tuesday, Thursday, Saturday and Sunday.
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Old April 3rd, 2005, 06:09 AM   #329
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Hey cathay flies to Karachi right
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Old April 3rd, 2005, 06:25 AM   #330
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Yepa


CX709/701 HKG/KHI via BKK
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Old April 3rd, 2005, 06:32 AM   #331
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what aircraft they use and what are they times they fly there because i was looking through karachi airport Pics and on the top of Information flight Board it just said Karachi VIa hongkong comfort in skies with cathay pacific does it only fly to karachi? Lahore or Islamabad
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Old April 3rd, 2005, 06:35 AM   #332
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like this

http://www.myaviation.net/search/pho...hp?id=00320698
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Old April 3rd, 2005, 06:38 AM   #333
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Quote:
Originally Posted by KarachiHero
what aircraft they use and what are they times they fly there
They are using of Airbs 340 and 330 respectively

CX700 departure 0030 & arrival at HKG 12:30
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Last edited by Isan; April 3rd, 2005 at 06:44 AM.
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Old April 3rd, 2005, 06:40 AM   #334
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CX only flies to Karachi in Pakistan. I checked their schedules and they use an A330 :

CX701 HKG 15:50 - KHI 21:55 (M & F)
CX703 HKG 17:25 - KHI 23:15 (W)

CX700 KHI 00:30 - HKG 12:30 (T)
CX2700 KHI 23:30 - HKG 12:10+1 (M & F)

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Old April 3rd, 2005, 06:48 AM   #335
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Cathay holds the key to China
(Filed: 03/04/2005)

Edward Simpkins talks to Cathay Pacific's new chief executive, Philip Chen, about his plans to dominate travel in South East Asia

The airline industry is abuzz with gossip that a new giant is about to rise in the East. The rumour is that Cathay Pacific, Hong Kong's de facto flag carrier, is poised to merge with Air China, the mainland's flag carrier, along with Dragonair, the regional airline and their only local rival.

The combined airlines would have a stranglehold on the world's fastest growing trade and tourism market and almost complete dominance of the three most heavily travelled air routes in the People's Republic between Hong Kong, Shanghai and Beijing.

The logic of such a deal is seductive. Cathay Pacific would get more access to the vast potential of the mainland China market, which it has only recently been allowed to re-enter, so far on a limited scale. And with the 2008 Beijing Olympics fast approaching, Air China would benefit from the management expertise of Cathay Pacific.

Air China is said to suffer from a reputation for poor quality service compared with Cathay - which was named in January as Hong Kong's leading company for product quality and service by the Asian Wall Street Journal and is one of only three airlines honoured with a full five stars for service by Skytrax Surveys, the industry research body.

Meanwhile Dragonair, the biggest cross-border carrier in China, would provide the feeder network of regional passengers to keep its rivals' long-haul fleets full.

The story is given credence by the fact that Cathay already owns 18 per cent of Dragonair and, last December, it acquired a 10 per cent stake in Air China when the Chinese company floated on the London and Hong Kong stock exchanges.

As if that wasn't already incestuous enough, Swire Pacific, the Hong Kong-listed holding group that owns 46.5 per cent of Cathay, also owns 8 per cent of Dragonair, while Air China's parent controls some 43 per cent of Dragonair.

Another Hong Kong listed company, Citic Pacific, owns a quarter of Cathay, 28.5 per cent of Dragonair and 25 per cent of Air China's cargo unit, Air China Cargo.

Bankers say the extent of the cross shareholdings means that a merger could take place with no cash changing hands at all.

Last month, Swire Pacific issued a statement designed to dampen the speculation, saying that while talks on cooperation between Cathay and Air China were making good progress, there was no agreement relating to Dragonair.

"Swire Pacific remains committed to being the principal shareholder in Cathay Pacific for the long term," it said. "In addition, Swire Pacific does not intend to become the principal shareholder of Air China. The board of Cathay Pacific has not received an approach from any person which might lead to a general offer being made for its shares."

Cathay and Air China took a step closer in October last year when the two carriers agreed a memorandum of understanding on further co-operation to open up the aviation market between Hong Kong and China.

Philip Chen, in his first newspaper interview since moving up from chief operating officer to chief executive of Cathay in January, says that talks between the airlines remain ongoing.

"There was an opportunity last year when Air China floated in Hong Kong to become a 10 per cent shareholder. I think that is going to be a very good foundation for us to talk about further co-operation," he says. "It is very early days. We are talking about opportunities of things we can do together, but all these things are still under discussion."

But Chen says the bigger issue is how he is aiming to make Hong Kong the aviation hub of the whole of South East Asia.

"Hong Kong is the hub," he says. "If you draw a circle of five hours' flying time around Hong Kong, that circle covers all the major cities in Asia and China. To the west you reach India, five hours from Hong Kong; to the south you just reach Australia, Darwin; to the north you cover Korea, Japan, China, Taiwan."

The scale of the prize on offer is vast. Europe's aviation industry serves some 250m people but China has a population five times greater at 1.3bn, yet at present fewer than 1 per cent make international flights.

With the Chinese economy growing rapidly, Cathay could find itself serving the biggest boom in the airline industry's history.

"I am very optimistic," Chen says. "People keep saying that this will be the Pacific century, I don't disagree with that."

Not surprisingly, then, Chen is very active internationally promoting travel to Hong Kong. "The key cities in history were transport centres," he says. "They rose and fell as the trade routes changed and trade routes are very much dependent today on air travel. So Cathay, as Hong Kong's airline, will obviously have a major role to play in that."

He points out that the airline has grown from a fleet of 59 aircraft in 1997, when Hong Kong was returned to Chinese rule, to 88 today. By 2007 the fleet will have grown to 106 - and further aircraft will be ordered shortly.

He says the airline, which two weeks ago announced net profits up 239 per cent to HK$4.12bn (281.3m) and turnover up 32 per cent to HK$39bn, has prospered despite the Asian currency crisis in 1998, the impact of the September 11 attacks on global aviation and, worst of all, the outbreak of Sars, which saw some Cathay flights carrying more crew than passengers.

"We have more or less doubled the airline in size from 1997," Chen says. "Seven years ago people were asking whether there was a future for Hong Kong. Basically we are saying come and look at us: we are totally committed and we're putting our money where our mouth is."
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Old April 4th, 2005, 04:09 AM   #336
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Cathay Pacific launches aviation education for HK youngsters
2 April 2005

HONG KONG, April 2 (Xinhua) -- Cathay Pacific Airways Saturday got its second "I Can Fly" education and community service program for Hong Kong youngsters off the ground.

Cathay Pacific Chief Executive Philip Chen said at the opening ceremony that Cathay Pacific's "I Can Fly" program has been created to involve, inform and inspire Hong Kong youth to seek and reach for their dreams. "Our pilots, who have had their dream come true, will lead our program members along and guide them toward their goals."

The airline will recruit 1,000 youngsters aged between 13 and 18 years. A dozen members from the first "I Can Fly" program and Cathay Pacific pilots will act as mentors to participants throughout as they learn about aviation and devise and take part in community service schemes.

The "I Can Fly" program will run for 15 months from May 2005 through August 2006. Some of the best participants will earn the chance to visit the Boeing or Airbus aircraft factories in the United States and France, while others will fly for real at Cathay Pacific's pilot academy in Adelaide, Australia.

Cathay Pacific's First Officer Ron Chan said that as a mentor he saw tremendous positive changes among students in his group as they developed team and leadership skills. "It is always good to tell the kids more about aviation. 'I Can Fly' also gave them an opportunity to develop into young adults willing to follow their dreams, take the initiative and seek responsibility."
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Old April 5th, 2005, 08:55 PM   #337
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Cathay Eyes Shanghai
5 April 2005
Air Cargo World

With manufacturing and logistics business may be looking toward China, Hong Kong's airlines are hardly fighting the trend.

In fact, Cathay Pacific's recent addition of daily all-cargo service between Hong Kong and Shanghai may be more important to the airline than new routes to North America or Europe.

Launched Jan. 27, the service follows a bitter battle between Cathay and Dragonair, which was spunoff from Cathay and in which Cathay still holds an 18 percent stake.

Cathay has a second leg in China to stand on through an equity position in Air China, but so far this has not yielded any tangible results in cargo activities. Some observers view the move mainly as a political gesture. Cathay Cargo Director Ron Mathison says that's not the case.

"In theory, there's a lot of opportunity to work together," he said. Linking the networks of the two carriers, which occupy China's pre-eminent air cargo gateways, would be a powerful combination.

But, "we're still looking what the opportunities are," he said.

Mathison has concerns, however, with the rapid surge in international flights to Shanghai's Pudong International Airport. This could result in slot and parking bay constraints, he said. Moreover, with all the new capacity coming into China and Hong Kong, softer yields may follow.
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Old April 6th, 2005, 05:44 PM   #338
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Wine deal expands exporter's horizons
By Scott Hannaford
06 April 2005
Canberra Times

Canberra region wine exporting company Inland Trading has won a contract to supply New Zealand wine to one of the world's largest airlines, Cathay Pacific. The four-person operation, based at Wamboin, near Queanbeyan, has secured a deal to supply the airline with 15,000 cases of Thornbury Sauvignon Blanc from the South Island's Marlborough. Company founder Greg Corra said that while the deal was a coup for the small Canberra region company, it was only the start of bigger things to come later in the year. ''It's a pretty handsome sort of deal for a little company like ours to win, competing against the bigger players - it's not bad,'' Mr Corra said. While not producing any wine itself, Inland Trading operates by offering customers large quantities of product from a range of smaller, high-quality boutique wineries from as far afield as South Africa.

The appeal of the approach, Mr Corra said, was that large international companies wanting to showcase some of the better wines from Australia could make one purchase and receive a range of wines from the area of their wine list they are trying to build. ''What's great about an airline deal for a winery is that it's basically free advertising - and you get paid at the same time.'' Cathay Pacific was the third airline the company had supplied with wine, adding to previous arrangements with Malaysian Air and Taiwanese carrier Eva Air. Mr Corra recently took part in an ACT Government business delegation to Dubai, where he hoped to make inroads into the growing market. ''It is difficult dealing with different cultures where they have different rules surrounding alcohol, but the thing about Dubai is it's growing so fast that the hotels want to be the biggest and best at everything. ''That includes their wine lists for their international visitors, but at the moment those wine lists are disappointing, which is why they can turn to companies like ours where they can make one order and get a selection of some of the top wines.'' Mr Corra said he was confident of building the company's list of customers beyond its current supply network across 20 countries. Goals include putting more local produce on overseas dining tables, such as Clonakilla wine, which the company already exports.
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Old April 8th, 2005, 07:20 AM   #339
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Cathay cargo jet by jzs @ HKABD :



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Old April 11th, 2005, 07:04 PM   #340
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Monday April 11, 7:37 PM
Hong Kong's Cathay Pacific Airways reports 21 percent passenger increase in March

AP - Cathay Pacific Airways Ltd. on Monday reported a 21 percent increase in passengers in March compared to the same time last year _ growth spurred by the Easter holiday and an international rugby tournament hosted by Hong Kong.

Hong Kong's biggest airliner said it carried 1.26 million passengers in March, up 9 percent from February.

"A good Easter and the Rugby (World Cup) Sevens contributed to strong continued passenger growth," said Ian Shiu, Cathay's general manager for revenue management, sales and distribution.

"Still, competition and pricing on both regional and long-haul services remained keen," Shiu said. "Rising fuel prices continued to erode the bottom line as surcharges only partially covered our additional costs."

Cargo figures in March rose 8.1 percent on-month to 86,860 metric tons (95,546 short tons) from 73,420 metric tons (80,762 short tons) in February.
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