Cargo contributes to Cathay turnaround

February 20, 2019

Cathay Pacific Airways says that it expects a consolidated profit of about HK$2.3 billion for the year ending 31 December 2018, compared to a of HK$1,259 million in 2017. It partly attributed the turnaround to a strong cargo business with increased capacity, yield and load factors increased. The company’s transformation programme also had a positive impact.

James Graham

James Graham is an award-winning transport media journalist with a long background in the commercial freight sector, including commercial aviation and the aviation supply chain. He was the initial Air Cargo Week journalist and retuned later for a stint as editor. He continues his association as editor of the monthly supplements. He has reported for the newspaper from global locations as well as the UK.