The sister airlines under the Cathay Pacific Airways group of Hong Kong carried 121,529 tonnes of cargo and mail last month, a decline of 1.5 percent compared to May 2012.
Cargo and mail load factor fell by 1.2 percentage points to 61.1 percent. Capacity, measured in available cargo and mail tonne kilometers, fell by 0.1 percent ,while cargo and mail revenue in tonne kilometers were down by 2 percent.
For the year to date, tonnage has fallen by 1.2 percent compared to a 2.6 percent capacity decrease.
“There was no change in the overall situation in the world’s major airfreight markets in May. Demand out of our two main markets, Hong Kong and Mainland China, remained well below expectations, particularly on the European trade lanes, so we continued to pare back our freighter schedule accordingly,” said James Woodrow, Cathay Pacific general manager of cargo sales and marketing.
He added: “Demand to North America was more robust. Return volumes on transpacific flights were helped by the beginning of the cherry season out of California. We continued to upgrade our fleet, taking delivery of our ninth Boeing 747-8 Freighter in May and parking a Boeing Converted Freighter.”
Photo: Aero Icarus