Buoyant October for Cathay and Dragonair

Cathay Pacific and Dragonair traffic figures for October show an increase in both passenger and cargo numbers compared with the same month last year.
The two Hong Kong-based airlines carried a combined 156,590 tonnes of cargo and mail last month, an increase of 14.0% compared to October last year. The cargo and mail load factor rose by 3.5 percentage points to 65.1%.
Capacity, measured in available cargo/mail tonne kilometres, rose by 12.3% while cargo and mail revenue tonne kilometres (RTKs) flown were up by 18.7%. For the year to the end of October 2014, tonnage rose by 11.9% while capacity was up 11.4% and RTKs increased by 15.0%.
Cathay pacific general manager cargo sales & marketing Mark Sutch said: “The airfreight markets remained buoyant in October and we saw a continued surge in demand out of Hong Kong and Mainland China, which was still being driven by shipments of consumer IT products.
“North America remains the focus of our business and we strengthened our network further last month with the launch of a new freighter service to Calgary and increased frequencies into Mexico.
“Intra-Asia freight is an increasingly important part of our business and we will launch a new twice-weekly service to Phnom Penh this month to capture more of the demand.” 
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