Cathy Pacific

Essay specific features

 

Issue:

Business

 

Written by:

Annette V

 

Date added:

March 28, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 651

 

Was viewed:

9762 times

 

Rating of current essay:

 
Essay content:

The number of passengers carried reduced by 4.7%, which resulted in a drop in the revenue load factor by 4.4 percentage points. The overall passenger yield, which has been adversely affected by the devaluation of a number of currencies in which the airline generates significant revenue, fell by 16.9%...
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Cargo also showed a slight downturn as currency rates and low yields have worked against revenue growth in the Hong Kong, Europe and North America markets. However, as a result of effective cost control, cost per ATK reduced by 11.6% to HK$2.36 which helped in part to offset the revenue shortfall. Hong Kong International Airport began operating on 6th July and more than 3,000 staff will eventually relocate to Cathay Pacific City at the new airport...
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