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Cathay Pacific may add four more flights to Bali between July
and October this year, despite a drop in tourist arrivals to the island
following the terrorist bombings last October.
The airline's country manager for Indonesia, Richard Reed, said despite
the decreased number of tourists visiting Bali over the past few
months, Cathay was optimistic passenger numbers to the island would
increase in the coming months.
Cathay, which operates 95 aircraft globally, currently has seven
flights a week to the island. Last year, the airline served 98,886
passengers to Bali.
"Although the increase in frequency is still a plan, our sales teams
from Japan and Korea assure us that so far things are looking
positive," he said, adding that Cathay would soon decide whether or not
to go ahead with the additional flights.
Culture and Tourism Minister Jero Wacik said earlier this week that
before the bombings in October, the average number of foreign tourist
arrivals in Bali was 5,000 a day.
Wacik said that between October last year through the end of January
foreign tourist arrivals had fallen to about 3,000 per day, increasing
slightly to about 3,600 a day in the first week of February.
Reed said Cathay was shooting for the title "Airline of the Year" in
2006 from Air Transport World (ATW) magazine. ATW, a U.S.-based
publication, is one of the leading monthly magazines covering the
global airline industry.
"Last month, we were 14 to 15 percent above our revenue target in
Indonesia," he said, adding that Cathay also had 14 flights to Jakarta
and four flights to Surabaya each week.
"We are currently the third-most profitable airline in the world
despite being ranked 32nd in terms of most passengers carried," Reed
said. The company earned a profit of US$566.2 million in 2004.
Cathay's major shareholders are Swire Pacific Limited and CITIC Pacific
Limited, which are based in Hong Kong.
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