Cathay's air cargo volume rises in September

Air

Tuesday, October 16, 2012

Cathay Pacific and sister airline Dragonair saw air cargo volume rise 2.4 percent year-on-year in September. The two airlines carried 134,584 tons of freight during the month. The airlines’ joint load factor was down 2 percent to 62.8 percent, while capacity decreased by 0.3 percent. Year to date, tonnage has declined by 8.3 percent against a capacity drop of 4.9 percent. “Demand out of key markets began to pick up from mid-September onwards, helped by shipm...

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