Cathay Pacific eyes expansion after challenging years
The last few years have posed a tricky time for a number of airlines and cargo operators, particularly those that operate in Asia but for Cathay Pacific, which calls Hong Kong home, their optimism and enthusiasm for the region hasn’t been dented. “Cathay Pacific is a 75-year-old brand and Hong Kong has always been known […]
Hong Kong International Airport receives top billing by the Airports Council International
Following an increase in the cargo dedication of Cathay Pacific throughout the pandemic and beyond, the award-winning airline’s hub, Hong Kong International Airport, has been recognised for its cargo proficiency. The international airport was named the world’s busiest cargo airport, as well carrying the most tonnage for 2021, beating last year’s top-ranking Memphis International Airport, […]
Cathay Pacific Cargo introduces Fly Greener
Cathay Pacific is taking the lead in aviation’s sustainability efforts in Asia with the extension of Fly Greener to its air cargo services. Fly Greener is a carbon-offset programme powered by an integrated carbon emissions calculator, as part of the airline’s commitment to tackling climate change by achieving net-zero carbon emissions by 2050. The new […]
Cathay Pacific deploys Descartes
Cathay Pacific Cargo is introducing Ultra Track, its multi-dimensional tracking product, to its network, with a phased introduction at 29 ports across the globe. Cathay Pacific Cargo’s Ultra Track uses the Descartes Core Bluetooth Low Energy (BLE)TM Network, Tags and Readers. These data-loggers and transmitters offer visibility to Cathay Pacific Cargo customers who can now monitor […]
Cathay Pacific extends Dubai-Hong Kong flights
Cathay Pacific has announced the continuation of its recently relaunched flights between Dubai and its hub, Hong Kong, following its first flight which took off on May 21 2021. The first resumed flight departing Dubai International Airport at 16:25 on Friday May 21, passengers were welcomed on-board by a vaccinated cabin crew. The airline reported […]
Cathay Pacific flies into second consecutive annual loss
Cathay Pacific Airways has made its second annual loss in a row due to factors including overcapacity and high fuel costs. Following a loss of 575 million Hong Kong dollars ($73 million) in 2016, Cathay Pacific made a loss of HK$1.2 billion in 2017, with the second half profit of HK$792 million not being able […]
Qatar Airways takes 9.61% stake in Cathay Pacific
Qatar Airways has acquired a 9.61 per cent stake in Cathay Pacific Airways Limited – adding to stakes it already has in IAG, Meridiana and LATAM Airlines Group. Both Cathay Pacific and Qatar Airways already collaborate together as members of the oneworld alliance. Air China Limited and Swire Pacific Limited together continue to hold 74.99 per […]
Alha signs multi-year contract with Cathay at Malpensa
Alha Group has penned a multi-year contract with Cathay Pacific Airways at Milan Malpensa Airport for the provision of ramp handling services for the carrier’s freighters. Alha started handling services on 10 October and it will extend the extensive and strong partnership between Alha and Cathay Pacific in Italy. President Simone Ceruti says Cathay has […]
Cargo momentum maintained in August by Cathay Pacific
Cathay Pacific Airways carried 172,253 tonnes of cargo and mail in August, an increase of 12 per cent compared to the same month last year. This figure represents the combined traffic of Cathay Pacific and Cathay Dragon for the month, and was driven by strong demand out of key markets. The cargo and mail load factor rose […]
Rising demand in key markets drive Cathay’s tonnage
Cathay Pacific and Cathay Dragon carried 179,691 tonnes of cargo and mail between them in July, an increase of 13.7 per cent on the same month last year. The cargo and mail load factor rose by four percentage points to 68.7 per cent. Capacity, measured in available cargo/mail tonne kilometres, was up by 4.5 per […]
Airlines appeal European Commission price fixing cartel fine
The airlines who were fined a total of €776 million ($904 million) by the European Commission (EC) for operating a price fixing cartel are appealing the decision. In March 2017, the EC re-adopted the cartel decision against 11 carriers after the original decision was annulled by the General Court on procedural grounds. Singapore Airlines, LATAM […]
Cathay Pacific takes full control of Air Hong Kong
Air Hong Kong (AHK) is to become a wholly owned subsidiary of Cathay Pacific Airways, it was announced in a filing on the Hong Kong Stock Exchange. The non-binding memorandum of understanding will involve Cathay Pacific Group and DHL Group entering into the Share Transaction for the former to purchase the minority interest, AHK and […]
E-commerce and key Asian markets fuel Cathay surge in April
Cathay Pacific Airways and Cathay Dragon carried 163,473 tonnes of cargo and mail in April between them – an increase of 10.7 per cent on the same month in 2016 with e-commerce and key Asian markets driving the surge. In April, the cargo and mail load factor rose by 2.2 percentage points to 65.7 per cent […]
Q1 surge for Cathay as tonnage and load factor up
Cathay Pacific Airways posted impressive numbers for March and in the first quarter (Q1) of 2017 as tonnage grew strongly and other figures were up. Cathay Pacific and Cathay Dragon combined carried 181,189 tonnes of cargo and mail last month, a year-on-year (YOY) increase of 15.4 per cent compared to the corresponding month in 2016. The cargo and […]
Solid start to 2017 for Cathay Pacific
Cathay Pacific Airways has had a strong start to 2017 with cargo and mail up 2.3 per cent to 151,133 tonnes, with strong demand across key Asian markets. The combined growth for Cathay Pacific and Cathay Dragon in January is slower than the 9.9 per cent year-on-year surge seen in December but was described as […]
3.1% rise in tonnage in 2016 for Cathay Pacific
Cathay Pacific Airways and Dragonair combined saw tonnage rise by 3.1 per cent in 2016 to 1.85 million tonnes on 2015. The two Hong Kong operators’ combined cargo and mail revenue tonne kilometres (RTKs) increased 0.8 per cent to 10.6 billion, capacity rose 0.6 per cent to 16.5 billion, while the load factor for last year was […]
1st Cathay Pacific freighter leaves Brisbane West Wellcamp
The inaugural Cathay Pacific Cargo Boeing 747-8 Freighter has taken off from Brisbane West Wellcamp Airport with Queensland exports on board. The only scheduled cargo service into southern Queensland, landed in Hong Kong early this morning loaded with exports including premium loin cuts from Oakey Beef Exports on the Darling Downs. This weekly freighter means Queensland mangoes […]
Tonnage uplift of 5.3% for Cathay Pacific
Cathay Pacific Airways has posted an increase in the amount of cargo and mail uplifted in October compared to the same month last year. Cathay Pacific and Dragonair combined carried 172,385 tonnes of cargo and mail in October, a year-on-year (YOY) rise of 5.3 per cent on October 2015. The cargo and mail load factor rose by 1.6 percentage points […]
Revenue slump for Cathay Pacific in first half of 2016
The Cathay Pacific Group’s cargo revenue plunged 17.2 per cent in the first half of 2016 due to falling yields – compared to the same period last year reaching $9,415 million Hong Kong (HK) dollars ($1.2 billion). Cargo capacity of Cathay Pacific and Dragonair increased by 0.6 per cent while the load factor decreased by […]
Cargo boost in June at Cathay Pacific but yields decline
Cathay Pacific Airways has seen a surge in the amount of cargo and mail uplifted in June compared to the same month last year. Cathay Pacific and Dragonair combined handled 151,130 tonnes of cargo and mail in June, an increase of 7.1 per cent compared to the same month last year. The cargo and mail […]
FedEx tops the pile in IATA WATS yearbook
FedEx maintained its position in 2015 as the top cargo airline by total freight tonnes carried on scheduled services, according to the International Air Transport Association’s 60th Edition of the World Air Transport Statistics (WATS). The yearbook of the airline industry’s performance for last year, says the US cargo integrator handled 7.1 million tonnes of freight […]
May tonnage fall for Cathay
Cathay Pacific Airways has seen a fall in cargo and mail tonnage in May, while it says yields remain under “intense pressure”. The carrier and its low-cost arm Dragonair combined, carried 145,102 tonnes of cargo and mail in the month, which was a decrease of 1.3 per cent compared to the same month last year. […]
IT products from China boost Cathay, despite March fall
Cathay Pacific Airways saw a marginal decrease in the volume of cargo and mail it uplifted in March – but it saw better demand in the month. Cathay Pacific and Dragonair combined carried 157,006 tonnes of cargo and mail in March, a drop of 0.4 per cent compared to the same month last year. The cargo […]
Tonnage rise of 4.3% in 2015 at Cathay Pacific
Cathay Pacific Airways says Cathay Pacific and Dragonair combined saw a 4.3 per cent tonnage uplift in 2015, while it has concerns what impact overcapacity and pressure on yields will have moving forward. For the whole of last year the carriers handled 1,797,785 tonnes. They also saw a 1.4 per cent increase in cargo and mail […]
Cathay Pacific posts 3% tonnage fall in November
Cathay Pacific Airways carried 160,120 tonnes of cargo and mail in November, a three per cent fall compared to the same month last year – as overall demand fell short of expectations. The cargo and mail load factor fell by 1.4 percentage points to 67 per cent, and capacity, measured in available cargo/mail tonne kilometres, […]
CPSL continues expansion into 2015
Cathay Pacific Services (CPSL), the operator of Cathay Pacific Airways’ cargo facility has seen its customer base grow as it comes to the end of its second full year of operations. CPSL operates Cathay Pacific Cargo Terminal (CPCT), which cost 5.9 billion Hong Kong dollars to build ($761 million) and became fully operational in October […]
Cathay Pacific to launch Gatwick service
Cathay Pacific Airways is to increase UK services with four times a week Airbus A350-900 flights to Gatwick Airport from September 2016. The flights will leave Hong Kong at 00.55h and arrive at Gatwick at 07.10h. The return flight will leave Gatwick at 12.35h and arrive in Hong Kong at 07.25h the next day. The […]
