Cathay Pacific reports December volume growth


Cathay Pacific Airways has released combined Cathay Pacific and Dragonair traffic figures for December 2014. The figures show an increase in the cargo and mail tonnage uplifted compared to the same month in 2013.

Cathay Pacific and Dragonair carried 156,603 tonnes of cargo and mail in December 2014, an increase of 12.2% compared to December 2013. The cargo and mail load factor rose by 4.9 percentage points to 68.2%. Capacity, measured in available cargo/ mail tonne kms, rose by 6.6% while cargo and mail revenue tonne kilometres (RTKs) flown were up by 15.0%. For 2014 as a whole, tonnage rose by 12.0%, while capacity was up 10.4% and RTKs increased by 14.8% compared to the prior year.

Cathay Pacific General Manager Cargo Sales & Marketing, Mark Sutch said, “Following on from a strong November, demand for cargo shipments remained robust right up until the beginning of the Christmas holidays in key markets. Traffic was again driven by strong demand out of Hong Kong and Mainland China, particularly on transpacific routes, and we also saw solid shipments on the main intra-Asia lanes. Demand fell away when the holidays kicked in, as expected, though the markets began to pick up again from the second week of January.”

For more information on the air freight market and to learn more about volume trends please visit the Ti Dashboard.

For more updates and news from Asia Pacific please sign up to Ti’s Asia Pacific newsletter here.

GSCi

The world's largest collection of global supply chain intelligence

  • quickly and easily search and gain invaluable insight into the logistics industry
  • Empower everyone from business development executives to CEO level
  • Enhance the role of the market research department
Loading...
Loading...