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.