Cathay's cargo down 10% in March

Monday, April 16, 2012

Cathay Pacific and sister airline Dragonair saw air freight volume drop 10.7 percent in March to 144,140 tons. The two airlines’ cargo load factor was down 2.7 percent to 68.3 percent, while capacity decreased by 2.9 percent. For the first quarter, cargo volume dropped by 10.5 percent, while capacity was down by 2.1 percent. "March was the strongest month of the year so far for our cargo business,” said James Woodrow, Cathay Pacific's general manager cargo sales ...

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