Cathay Pacific Cargo reports busiest month since Covid outbreak

By Damian Brett

Cathay Pacific Cargo in September reported its busiest month since the start of the Covid-19 pandemic.

The cargo carrier saw volumes reach 130,997 tonnes in September, an improvement of 19.7% compared with last year.

The increase comes on the back of robust demand and the re-introduction of capacity, which is up by 16.4% in available cargo tonne km terms against September last year.

Chief customer and commercial officer Ronald Lam said: “Cargo demand continued to grow as we stepped into the traditional cargo peak season. To meet this demand, we operated our freighter fleet at peak capacity throughout September, further supplemented with additional cargo-only passenger flight operations, which surged 20% compared to August.

“Overall, we managed to operate approximately 70% of our pre-pandemic cargo capacity when compared to September 2019.

“Strong performances were recorded across our network, with our home market Hong Kong and a number of Southeast Asian countries achieving record revenues in September.

“Our time-sensitive Priority LIFT product, as well as our charter and ‘preighter’ solutions, have also seen keen interest from customers.”

The carrier group’s cargo load factor also improved in September compared with last year, reaching 79.7% – a 3.8 percentage point improvement on last year.

Looking ahead, Lam said: “Demand continues to be robust driven by the movement of new consumer products and the urgent need for inventory replenishment due to supply chains remaining constrained.

“To meet these challenges, our worldwide teams have been working diligently to provide more capacity and expand our network for our customers whilst continuing to meet the ongoing operational challenges posed by the Covid-19 pandemic.”

Share this story

Related Topics

Latest airlines news

FedEx predicts soft peak season for e-commerce in Europe

By Damian Brett

Express giant FedEx is predicting a soft peak season for e-commerce volumes in Europe due to economic pressures. The company…

Read More

Share this story

Dominiak to retire from ASL Airlines France

By Damian Brett

Jean-François Dominiak will retire from his role as chief executive of ASL Airlines France at the end of November as…

Read More

Share this story

Etihad Cargo achieves IATA CEIV pharma recertification

By Rebecca Jeffrey

Etihad Cargo has been recertified as meeting IATA’s CEIV Pharma standards. The cargo division of Etihad Aviation Group achieved IATA CEIV Pharma…

Read More

Share this story