Cathay Cargo recorded 10% year-on-year volume growth in November as Hong Kong and China exports remained robust
Cathay Cargo's November air cargo volumes were up 10% year on year as a result of robust exports from Hong Kong and China, as well as growth on other global routes and within its specialist shipment solutions.
The cargo division of Cathay Pacific carried 157,472 kg of cargo during the month. Meanwhile, cargo capacity increased by 7%.
Revenue Freight Tonne Kilometres were up 7.5% year on year and the cargo load factor was up 0.5% percentage points to 62.8%.
Cathay chief customer and commercial officer Lavinia Lau said: "Our cargo business continued to record month-on-month and year-on-year growth in November, driven by solid exports from our home market and the Chinese Mainland, alongside growth across our Southeast Asia and South Asia, Middle East and Africa routes.
"Our specialist solutions also performed well, with Cathay Priority maintaining strong demand into Northeast Asia, and Cathay Expert and Cathay Fresh experiencing boosts within Northeast Asia and from South America."
In the first 11 months of 2025, Cathay Cargo's total tonnage increased by 10% compared with the same period for 2024.
Lau stated that the airline had seen a "robust" air cargo peak that had been expected to continue in the first half of December. Earlier this month, Cathay Pacific’s new cargo director, Dominic Perret, said that the cargo peak season had been "stronger than anticipated", although "not exceptional".
Lau commented: “We are seeing a robust air cargo peak that is expected to continue into December. While we will begin scaling back our peak-season freighter schedule from the middle of the month as overall demand starts to ease, core demand on our key trade lanes is expected to hold up well.”
