Cathay Pacific Airways and its subsidiary Dragonair carried 103,752 tons of mail in February, a 12 percent, year-over-year decline despite an 8.3-percent reduction in capacity. The load factor decreased to 61.1 percent, and revenue fell by 14.9 percent. James Woodrow, the carrier’s general manager for cargo sales and marketing, blamed the sluggish numbers to poor performance in trade from Europe and North America. The Chinese New Year didn’t help matters, either....