Cathay’s March cargo rises 10%
Cathay Pacific carried 106,612 tons of cargo in March, up 10.1 percent from the same month in 2005.
The Hong Kong-based airline’s cargo load factor increased 3.4 points over the same month 2005 to 70.7 percent.
For the year to date, Cathay Pacific has transported 284,684 tons of cargo, up 16.1 percent from 245,209 tons moved in the same period 2005. The airline’s cargo load factor for the year so far has increased 2.5 points to 66.8 percent.
“Strong growth seen in March will continue through Easter, after which we will likely see the usual seasonal slowdown. Demand from China remains strong, yet downward pressure on yield is an issue on return flights, particularly those from Europe. High fuel prices are also hurting the bottom line,” said Ron Mathison, Cathay Pacific’s director and general manager cargo.
Cathay’s March cargo rises 10%
