Air cargo is going through a period of adjustment that will keep profitability largely out of reach for the world’s carriers until more of a balance is achieved between cargo capacity and demand.
17 Nov 2014
The strong rebound of trans-Pacific trade will ensure the air cargo industry enjoys a happy festive season this year, but few are prepared to forecast the robust growth will continue much past Chinese New Year.
03 Nov 2014
Cathay Pacific will launch a new freighter service to Cambodia’s capital of Phnom Penh later this month, strengthening its Asia-Pacific network on the back of industry data that shows airlines in the region growing by almost 6 percent in September compared to the same month last year.
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
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.
20 Jan 2014
All the signs are growing that air freight volumes in Asia will rebound this year, but Cathay Pacific posted a surprising 5 percent decline in cargo in December despite boosting capacity.