All Cathay Cargo Articles – Page 3
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News
E-commerce continues to drive up Cathay's cargo volumes
Cathay Pacific's year-on-year cargo volumes were up 7.4% in April, once again due to strong e-commerce demand.The airline carried 117,428 tonnes of cargo in April 2024, an increase of 7.4% compared with April 2023. However, the airline noted that volumes had dropped month on month.Chief customer and commercial officer Lavinia ...
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News
Cathay's cargo volumes rise again in March
Cathay Pacific has reported increased air cargo demand in March following the Chinese New Year, while e-commerce and express demand helped boost volumes.The airline carried 134,551 tonnes of cargo in March, an increase of 10.5% compared with March 2023. The month’s cargo revenue tonne kilometres (RFTKs) increased 4.1% year on ...
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NewsCathay Cargo adds Ho Chi Minh City back to freighter network
Photo: Cathay CargoCathay Cargo has resumed Ho Chi Minh City freighter flights after a four-year suspension due to the pandemic.A flight carried out on April 4 was the first since December 2019. The weekly flight, CX3148, will operate from Ho Chi Minh City in Vietnam every Thursday, with the freighter ...
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InsightsRecovering transpacific market needs more lift
Capacity growth on the transpacific trade lane needs to continue to match a recent surge in e-commerce volumes.An unexpected surge in demand in November and December rescued airlines’ peak season, which had looked rather tepid in October.“It was a good peak season, especially from Asia to the US,” says Shawn ...
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News
Air cargo demand still growing after LNY but rate of improvement slows
There had been much speculation in air cargo about whether the strong demand growth reported over the first two months of the year would continue past the Lunar New Year holiday but it appears the buoyant market conditions are so far continuing, although at a slightly lower level.Figures released last ...
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News
Specialist verticals drive up Cathay Cargo February volumes
Pharmaceuticals, perishables and machinery parts shipments helped Cathay Pacific secure a small rise in air cargo volumes year on year in February.The airline carried 107,039 tonnes of cargo in February 2024, an increase of 3% compared with February 2023. The month’s cargo revenue tonne kilometres (RFTKs) increased 3.8% year on ...
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NewsCathay cargo tonnage surge outpaces revenue as yields droop
Source: Cathay CargoCathay Pacific Airways carried 1.38 million tonnes of cargo in 2023, up almost 20% on the previous year’s 1.15m tonnes, said the Hong Kong-based carrier when it announced its annual results on 14 March.Cargo revenue tonne-kilometres surged by over 40%, from 5,774m to 8,099m, but load factors and ...
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NewsGenerative AI has air cargo potential but should be approached with caution
Source: Air Cargo NewsGenerative Artificial Intelligence (GenAI) is the latest technology buzz sweeping the world but potential air cargo users must keep an open mind and not get carried away if its implementation is to prove successful.Speakers were asked by session moderator Anna Ghion, senior global account manager for MNO ...
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NewsSwissport to join CHAMP and Cathay in second ONE Record scheme
Source: CHAMP SwissportFollowing the announcement yesterday (12 March) that Cathay Cargo and handler WFS are to use CHAMP Cargosystems technology to go live with IATA’s ONE Record data standard in a ‘first use’ case, the systems provider said that it had also joined forces with Swissport and the Hong Kong ...
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NewsWFS works with Cathay Cargo and CHAMP on the launch of IATA ONE Record use case
Pedro Garcia, chief information officer, Europe, Middle East, Africa and Asia (EMEAA) at WFS with Chris McDermott, CHAMP chief executive. Source: WFSAs previously reported in ACN, Cathay Cargo, the freight operation of the Hong Kong-based carrier Cathay Pacific, is utilising CHAMP Cargosystems technology to go live with ONE Record in ...
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NewsCathay Cargo benefits from CHAMP Cargosystems tech to go live with ONE Record
Photo: Cathay Pacific Cathay Cargo, the freight operation of the Hong Kong-based carrier Cathay Pacific, has used CHAMP Cargosystems technology to go live with ONE Record in its first use. Cathay Cargo is utilising CHAMP’s 1Neo-Connect for ONE Record, which is the International Air Transport Association’s standard ...
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NewsAir cargo demand drivers
Source: Air Cargo NewsThe rapid rise of e-commerce, disruption in ocean shipping and supply chain diversification are some of the main drivers of air cargo demand in the current market.Speaking at the IATA World Cargo Symposium, Xeneta chief airfreight officer Niall van de Wouw identified three factors that drive air ...
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News
Cathay Cargo and DB Schenker connect through API
DB Schenker and Cathay Cargo have connected their system through an application programming interface (API) that will allow the forwarder to make direct bookings on the airline's flights.The two firms said the connection would allow the forwarder to access Cathay Cargo's Click & Ship booking platform through its in-house system ...
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News
Perishables lift Cathay Pacific cargo volumes in January
Perishables shipments helped to raise air cargo volumes at Cathay Pacific in January year on year.The airline carried 114,790 tonnes of cargo in January, an increase of 20.7% compared with January 2023 when capacity was still in recovery mode due to pandemic restrictions.The month’s cargo revenue tonne kilometres (RFTKs) increased ...
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InterviewsCathay sets its sights on 2024 air cargo demand
Cathay Cargo is gaining altitude post-pandemic and is optimistic for demand in 2024, explains Chris Bowden, head of cargo global partnerships at Cathay Pacific. 2023 was a year that saw Cathay and its cargo division Cathay Cargo begin to build up volumes and capacity, plus announce a major freighter order. ...
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News
Cathay Cargo volumes continue recovery in 2023 but still lag 2019 levels
Cathay Pacific saw its cargo volumes continue to recover last year following Covid-related lockdowns in 2022, but demand still lags behind 2019 levels.The Hong Kong-hubbed carrier group handled 1.4m tonnes of cargo last year, which is a 19.6% improvement on 2022 when Covid-related lockdowns resulted in freighter and passenger flights ...
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News
DHL Forwarding and DSV manage Cathay shipments via CargoWise
CargoWise has teamed up with Cathay Cargo to offer DHL Global Forwarding and DSV real time management of shipments on the airline's Click & Ship booking platform via CargoWise.The companies are now able to plan, book, confirm and manage shipments in Cathay Cargo’s Click & Ship booking platform in real-time ...
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NewsDimerco and Yusen join Cathay SAF programme
Source: Cathay PacificDimerco Express Group and Yusen Logistics have joined Cathay Pacific's Corporate Sustainable Aviation Fuel (SAF) Programme.The companies have committed to reducing the climate impact from their airfreight activities through scaling up the use of SAF.They will also promote the wider adoption of renewable energy by the aviation industry ...
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News
Cathay rides air cargo peak in November
The peak season has lived up to its reputation for Cathay Pacific with a 20% increase in cargo tonnage in November year on year on the back of increased capacity.Cathay carried 123,970 tonnes of cargo in November 2023, an increase of 20.3% compared with November 2022. The month’s cargo revenue ...
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NewsCathay Cargo opts for the A350 freighter
© Airbus S.A.S. 2023Cathay Cargo has decided to order the A350 freighter for its next generation of cargo aircraft after it initially appeared the carrier would opt for Boeing's latest widebody freighter.The Hong Kong-headquartered airline has placed an initial firm order for six of the Airbus aircraft but has also ...
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