iPhone 5 launch could boost fortunes of cargo carriers

Cathay Pacific and EVA could gain the most

air cargo Apple Cathay Pacific Chengdu Chongqing EVA Air Hong Kong HSBC Global Research hub iPhone 5 Zhengzhou

Apple’s iPhone 5 could be a saviour, in the short term, for the sagging air cargo industry, according to HSBC Global Research. The two carriers that will make the most of the iconic smartphone – it will be sent out to 100 countries by the end of the year in what is being termed as the the fastest international rollout for an iPhone – will be EVA Air and Cathay Pacific because both have the capacity and serve Chongqing, Chengdu and Zhengzhou either directly or through the Hong Kong hub.