HONG KONG – April cargo plummets, Cathay ups India services

Cathay Pacific Airways combined Cathay Pacific and Dragonair traffic figures for April 2012 show another drop in cargo and mail tonnage against passenger numbers growing year-onyear. Cathay Pacific and Dragonair carried 124,531 tonnes of cargo and mail in April, a drop of 11 per cent compared to April 2011. The cargo and mail load factor was down by five percentage points to 63.3 per cent.


Cathay ups India services


Cathay Pacific Airways combined Cathay Pacific and Dragonair traffic figures for April 2012 show another drop in cargo and mail tonnage against passenger numbers growing year-onyear. Cathay Pacific and Dragonair carried 124,531 tonnes of cargo and mail in
April, a drop of 11 per cent compared to April 2011. The cargo and mail load factor was down by five percentage points to 63.3 per cent.

Capacity, measured in available cargo/mail tonne kilometres, decreased by 6.8 per cent, while cargo and mail tonne kilometres flown dropped by 13.7 per cent. For the first four months, tonnage has declined by 10.7 per cent against a capacity drop of 3.3 per cent.

Cathay Pacific general manager cargo sales & marketing James Woodrow said: “After the temporary surge in business in March, driven by large shipments of hi-tech products from Mainland China,
demand softened again out of our key markets in April. The general air cargo market remains soft, especially to Europe, though intra-Asia traffic is holding up better, helped by a recent
expansion of the passenger network in the region.

“Looking forward, we will continue to manage capacity in line with
demand, particularly on long-haul flights to Europe and Transpacific. Fuel prices continue to be a major concern on these long-haul routes.” The two airlines carried a total of 2.5 million passengers in April – an increase of 11.7 per cent on the same month in 2011 – while the passenger load factor rose by 2.8 percentage points to 83.1 per cent.