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New look for Cathay with traffic increase

CX Cargo new livery 02HONG KONG: January 22, 2016. Cathay Pacific Airways has applied its new airline livery to a second aircraft with the arrival of a B747-400ERF in Hong Kong from the HAECO facility in Xiamen, China.

General manager Cargo Sales & Marketing Mark Sutch said: “We are delighted that a freighter was chosen as the second in-service aircraft to get the new Cathay Pacific livery.”

The airline currently operates freighter services to 46 destinations and 140-plus passenger destinations worldwide. The new livery will be progressively introduced onto all the aircraft in both its passenger and freighter fleets.

Cathay and subsidiary Dragonair reported a December increase of 1.4 percent in cargo and mail traffic to 158,741 tonnes flown. Overall load factor fell by 0.3 to 67.9 percent. For 2015 as a whole, the two airlines carried a total of 1.79 million tonnes of cargo and mail, a rise of 4.3 percent year-on-year, against a capacity increase of 5.4 percent and a 5.4 percent rise in RTKs.

Sutch commented: “The seasonal peak for airfreight lasted until the week before Christmas and our performance in December, at least in terms of tonnage lifted, was marginally ahead of expectations. Demand on the transpacific and Indian routes remained robust.

“Unfortunately, the excess of capacity in the world’s air cargo markets made it difficult for carriers to get rates up to the kind of levels expected during the year-end peak. Overcapacity and pressure on yield will remain concerns for the industry moving into the New Year,” he added.

 

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