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Cathay Pacific sees January cargo surge

PRESS RELEASE

February 14, 2015: Cathay Pacific and Dragonair carried 147,275 tonnes of cargo and mail last month, an increase of 12.5 percent compared to the previous January.

The cargo and mail load factor rose by 2.9 percentage points to 63.4 percent. Capacity, measured in available cargo/mail tonne kilometres, rose by 8.9 percent while cargo and mail revenue tonne kilometres flown were up by 14.1 percent.

Mark Sutch, Cathay Pacific's general manager of cargo sales and marketing, said: “Demand fell away, as expected, after the very busy end to 2014, but the markets remained relatively buoyant, particularly on the North American lanes. Traffic out of the key Hong Kong and Mainland China markets was much stronger than in the same month last year. We saw a pick-up in demand as January progressed and by the end of the month we were operating close to a full freighter schedule. We expect to see something of a mini-rush before the Chinese New Year holidays begin.”

 

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