Cathay air freight grows marginally in March

Cathay air freight grows marginally in March    Cathay Pacific and sister airline Dragonair saw air freight volume rise 1.4 percent to 161,461 tons in March, compared to the same month in 2010.
   Capacity increased 21.1 percent during the month.
   'While demand back into Asia remained robust during March, the demand from Hong Kong and Shanghai was comparatively soft particularly to Europe,' said James Woodrow, Cathay Pacific general manager of cargo sales and marketing. 'Demand did improve towards the end of the month due to an increase at the end of the quarter. The tragic earthquake in Japan did briefly affect our Japan operations, however the Cathay Pacific Japan team worked heroically to get cargo flowing again almost immediately.'