Cathay November volume up 8.4%

Cathay November volume up 8.4%    Cathay Pacific and sister airline Dragonair saw air cargo volume increased 8.4 percent to 153,572 tons in November.
   The Hong Kong-based airline said its load factor, however, fell 5.2 percent to 71.6 percent, while capacity was up 21.6 percent. Year-to-date tonnage has increased 18.7 percent compared to a capacity increase of 14.9 percent.
   “The cargo peak season continued throughout November with good demand and yields out of Hong Kong on all key routes,' said James Woodrow, Cathay Pacific general manager of cargo sales and marketing. 'The load factor remained high, despite a big increase in capacity year on year, helped by good support from our contract agent partners. We operated according to our full freighter schedule and continued to mount extra sectors and charters where possible in line with market demand.”