Strong air cargo traffic out of Asia continued to lift Cathay Pacific volumes with August figures soaring almost 20 percent year-over-year and the Apple iPhone 6 launch expected to keep traffic high through September.
14 Aug 2014
Cathay Pacific’s strong start to the year continued into July when robust growth in its air freight tonnage ou
13 Aug 2014
Hong Kong-flag carrier Cathay Pacific reported today that its group profit skyrocketed more than 14-fold in the first half of 2014 from a year earlier...
31 Jul 2014
Singapore Airlines had a bad start to its financial year, ending the first quarter with earnings down 70 percent as yields weakened in the face of intense competition from regional and Middle East airlines.
17 Jul 2014
When Cathay Pacific left Hong Kong Air Cargo Terminals (Hactl) a year ago to start its own freight busines
14 Jul 2014
Robust demand out of Hong Kong and China in June saw cargo and mail carried on Cathay Pacific and Dragonair gro
27 Jun 2014
The loss-making Air China Cargo joint venture between Cathay Pacific and Air China will be given a cash injection by its shareholders of $320 million.
12 Jun 2014
Industry experts say there’s one unintended side effect of maritime uncertainty: the chance for air freight volumes to soar.
04 Jun 2014
Airlines in Asia are watching freight volumes creep up and daring to think about a peak season, but the steady addition of new passenger routes out of the region and increasing flight frequencies to existing destinations are undermining the improving demand for cargo.
07 May 2014
Excess capacity and competition will keep pressure on pricing for air cargo carriers despite stronger growth.
22 Apr 2014
Air cargo’s positive start to the year has buoyed spirits in an industry anxious to find profitability amid weak yields and an excess of capacity.
18 Feb 2014
Cathay Pacific Airways saw further declines in air cargo throughput in January despite the shift in timing of Chinese New Year, which started Jan 31 this year, compared with Feb. 10 in 2013 and was expected to prompt a major rush of expedited deliveries in mid-January.