All Cathay Pacific Articles – Page 2
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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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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 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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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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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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News
Reports: Cathay still considering future freighter options
Cathay Pacific is now considering ordering the Airbus A350 freighter instead of the Boeing 777-8 freighter, according to Reuters.Quoting industry sources, the newswire said the Hong Kong-headquartered airline had switched from favouring the 777-8F to the new Airbus freighter.The sources said the airline was considering an initial order for six ...
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News
Cathay Cargo provides peak season update as cargo operations hit by Anchorage snowstorms
Cathay Cargo has reported that the market is approaching the "peak of the peak" although cargo operations are being affected by extreme weather.Cathay Pacific regional head of cargo Southeast Asia Ashish Kapur said that the most pronounced peak is happening out of Hong Kong, led by e-commerce exports from the ...
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News
Cathay sees peak perks for cargo
Cathay Cargo is expecting increased cargo loads for the traditional peak air cargo season.Tim Wong, general manager cargo service delivery at Cathay Cargo said that the air cargo market is “beginning to warm up”.“There is no doubt that the air-cargo market is beginning to warm up both from a seasonal ...
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InsightsTop 25 air cargo carriers: Cargo airlines tackle tough times
Cargo carriers faced multiple challenges to business growth in 2022, a year that presented a dramatically different operating landscape to 2021 (full chart at end of article).2022 proved to be a testing year for air cargo carriers following the boom years of the pandemic.The start of the Ukraine-Russia war had ...
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News
Cathay Pacific cargo volumes hold up ahead of peak season
E-commerce continued to lift Cathay Pacific's cargo demand in August as volumes increased over 10% year on year, but the cargo load factor declined in line with the quieter summer period.The airline carried 116,919 tonnes of cargo last month, an increase of 11.5% compared with August 2022. The month’s cargo ...
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News
E-commerce and fresh shipments support Cathay Pacific volumes
E-commerce and fresh product shipments helped Cathay Pacific boost its cargo volumes both month on month and year on year in July as capacity picked up.The airline carried 115,729 tonnes of cargo last month, an increase of 14.9% compared with July 2022. Cargo tonnage also grew 4% month on month.July's ...
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News
Cathay Pacific reports lower cargo revenues in H1
Cathay Cargo saw its revenues decline in the first half of the year despite increasing volumes.The Hong Kong-hubbed carrier saw first-half cargo revenues decline by 10.1% year on year to HK$12.4bn, while volumes increased by 23.8% on last year to 651,000 tonnes.Capacity measured in available cargo tonne km increased by ...
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NewsCathay Cargo receives IATA’s CEIV Lithium Batteries accreditation
Cathay chief customer and commercial officer Lavinia Lau (right) and director cargo Tom Owen (left) receive the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification from IATA regional vice president Xie Xingquan. Photo: Cathay PacificCathay Cargo and the Cathay Cargo Terminal have received the IATA ...
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News
Cathay buoyed by e-commerce as it grapples with flat demand
Cathay Pacific is grappling with flat demand and a steep increase in cargo capacity, but cargo volumes continued to pick up as capacity recovered from last year's lows.The airline carried 111,210 tonnes of cargo last month, an increase of 6.4% compared with June 2022. The month’s cargo revenue tonne kms ...
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News
Cathay Pacific expects intense cargo competition over the summer
Cathay Pacific is expecting an increasingly competitive air cargo market over the summer months and will add new freighter flights to North America as its belly operations continue to roll out.The carrier's chief customer and commercial officer Lavinia Lau said that the carrier would add extra freighter flights to Toronto ...