Good month for Cathay and Dragonair
Cargo carried in February by sister carriers Cathay Pacific and Dragonair was up 18.7% on last year.
The cargo and mail load factor was 77.1%, a rise of 12.4 percentage points, while capacity, measured in available cargo tonne kilometres, was 2.1% down.
For the year to date, tonnage is up 24.9%, despite a capacity decline of 1.5%.
Cathay Pacific’s general manager for cargo sales and marketing, Titus Diu, said: “We experienced a spike in demand prior to Chinese new year, but then, as expected, there was softening in the key mainland markets over the holiday period.
“However, demand for the month as a whole was fairly robust, and the fact that we cancelled a number of scheduled services helped us to achieve a high load factor, together with some increases in yield.”
The cargo and mail load factor was 77.1%, a rise of 12.4 percentage points, while capacity, measured in available cargo tonne kilometres, was 2.1% down.
For the year to date, tonnage is up 24.9%, despite a capacity decline of 1.5%.
Cathay Pacific’s general manager for cargo sales and marketing, Titus Diu, said: “We experienced a spike in demand prior to Chinese new year, but then, as expected, there was softening in the key mainland markets over the holiday period.
“However, demand for the month as a whole was fairly robust, and the fact that we cancelled a number of scheduled services helped us to achieve a high load factor, together with some increases in yield.”
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