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Cathy Pacific
Essay specific features
Written by:
Annette V
Date added:
March 28, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 651
Was viewed:
9823 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%...
displayed 300 characters
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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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