Cathay Pacific sees strong June

   Cathay Pacific’s cargo tonnage in June shot up 15 percent, year-over-year, to 140,444 tons, as the load factor rose by 3.2 percentage points.
   Capacity rose by 10.2 percent compared to June 2013, as actual cargo ton kilometers increased by 16 percent.
   Tonnage is up by 8.6 percent on the first six months of the year.
   “The upswing in cargo demand seen in May continued through into June, with a surge towards the end of the month, as shippers rushed to meet month-end and quarter-end deadlines,” Cathay Pacific’s general manager of cargo sales and marketing, Mark Sutch, said in a statement. “Demand remained robust out of Hong Kong and Mainland China, particularly on the transpacific lanes. Shipments of perishable items continued to boost load factors out of North America back into Asia, while Europe benefited from higher-yield shipments of specialized products.”