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

You May Also Like

TPP deal resuscitated without US

The remaining 11 member countries of the Trans-Pacific Partnership (TPP) announced on November 11 they will proceed with the free trade deal even without…

High fuel costs, weak demand drag down SIA profits

Singapore Airlines (SIA) saw its net profit dive by 69 percent in the fiscal year ended March 31, 2012, which it blamed on high…

WTO updates 4 annual publications on trade and tariffs

The World Trade Organization (WTO) released online on October 29, 2015 the new editions of its four key annual statistical publications—International Trade Statistics, Trade…

Malaysia’s Samalaju deep-sea port project gets $164 million in funding

The Sarawak state of Malaysia has approved the release of $164.5 million to finance the Samalaju deep-sea port project in Bintulu town. The fund…