Cathay Pacific sees strong cargo recovery

CATHAY Pacific and Dragonair traffic figures for January 2010 show a significant rise in cargo and mail tonnage.In the first month of the year, the two carriers carried a total of 132,586 tonnes of cargo and mail, up 31.1 per cent on January last year. The cargo and mail load factor climbed 15.8 percentage points to 74.9 per cent while capacity, measured in available cargo/mail tonne kilometres, was 0.9 per cent down.Cathay Pacific’s general manager cargo sales and marketing, Titus Diu, said: “After a very strong end to 2009 we were pleased to see robust demand continue into the New Year. Direct comparisons with 2009 are distorted by the fact that our traffic volumes were being severely affected by the economic slump early last year. However, the fact that we had roughly the same capacity as the previous January but an almost 16-point increase in load factor shows the extent to which traffic has bounced back.”

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