Cathay Pacific, Dragonair carry 14.2% more cargo in January

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Hong Kong’s Cathay Pacific Airways and Dragonair gained significant year-on-year increase in cargo and mail tonnage in January 2013.

The two airlines carried 132,792 tonnes of cargo and mail last month, an increase of 14.2 percent compared to January 2012.

The cargo and mail load factor rose by 3.1 percentage points to 63 percent. Capacity rose by 2.4 percent, while cargo and mail revenues were up by 7.7 percent.

“Demand was generally quite robust out of our key Hong Kong and Mainland China markets in January, though we didn’t see any significant pre-Chinese New Year rush as in previous years,” said James Woodrow, Cathay Pacific general manager of cargo sales and marketing.

He said the company has reduced its freighter schedule to Europe due to continued weakness in demand on the Asia-Europe lanes.

 

Photo: flickrflyr