Robust August for Cathay

STRONG demand out of Hong Kong and mainland China boosted Cathay Pacific Cargo’s performance in August, writes Thelma Etim, deputy editor.
The airline and its sister company Dragonair carried 146,955 tonnes of cargo and mail in August, an increase of 19.7 per cent in comparison with the same period last year.
The cargo and mail load factor rose by 3.8 percentage points to 62.5 per cent, whilst capacity, measured in available cargo/mail tonne kilometres, climbed by 13.3 per cent.
Cargo and mail revenue tonne kilometres (RTKs) flown climbed to 20.6 per cent.
For the year to the end of August, overall tonnage rose by 11.3 per cent while capacity was up by 11.4 per cent.  RTKs grew 14.3 per cent.
Mark Sutch, Cathay’s general manager for cargo sales and marketing, comments: “Demand remained robust throughout August and the year-on-year tonnage increase was again well above expectations. Demand out of Hong Kong and the key manufacturing regions in Mainland China remained strong and we hope to see a further uptick in September as new consumer IT products are launched in the market.
“The Americas remain the key focus of our cargo business and we will extend our presence further with a new freighter service to Calgary and increased frequencies to Columbus in October, and more flights to Mexico from November.”

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