Cathay Pacific

Declining rates add to pressure on cargo-only PAX flights

By Damian Brett

Freight rates out of China continued their return to normal seasonal levels last week, putting further pressure on the use…

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Cargo the highlight for Cathay Pacific in May

By Damian Brett

Cathay Pacific said that cargo was the highlight of its May performance despite a near 30% year on year drop…

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‘Nothing off the table’ says Cathay chairman in business review

By Alfred Chua, FlightGlobal

Cathay Pacific chairman Patrick Healy has warned that “tough decisions will need to be made” by the fourth quarter of…

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Cathay Pacific set to receive big government bailout

By Alfred Chua, FlightGlobal

The Hong Kong government has stepped in to provide beleaguered Cathay Pacific with a financial lifeline, as part of the…

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Cathay Pacific cargo volumes fall by almost 50%

By Damian Brett

Cathay Pacific saw its cargo volumes decline by 48.3% year-on-year in April, but since then it has ramped up capacity….

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Korean Air the latest to offer cargo only-PAX flights

By Damian Brett

Korean Air has become the latest carrier to offer up its passenger aircraft for cargo-only operations, joining Scoot and Cathay…

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Scoot to fly cargo-only PAX flights to China

By Damian Brett

Singapore-based low-cost airline Scoot will operate cargo-only passenger flights to China over the coming weeks as demand outstrips supply. The…

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Cathay Pacific Cargo performs “below expectations”

By Rachelle Harry

Cathay Pacific reported that its cargo division performed “below expectations” last year, with cargo revenues of HK$21.1bn – a 14.3%…

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China airfreight rates spike while Cathay mulls cargo only PAX flights

By Damian Brett

Airfreight rates from China increased rapidly last week as demand from China begins to ramp up but spare capacity remains…

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Cathay Pacific under pressure as cargo volumes fall

By Damian Brett

Cathay Pacific saw its cargo volumes decline in January, while it also warned that financial results will come under pressure….

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