Cathay January volumes back to 2008 level

Cathay January volumes back to 2008 level    Cargo volume for Cathay Pacific and sister airline Dragonair rose 31 percent to 132,586 tons in January compared to the same month in 2009.
   The airlines’ air freight load factor climbed 15.8 percentage points to 74.9 percent, while capacity fell 0.9 percent.
   'After a very strong end to 2009 we were pleased to see robust demand continue into the New Year,” said Titus Diu, Cathay Pacific general manager cargo sales and marketing. “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.'