Transhipments, Europe and Taiwan give HKIA a boost in August
Hong Kong International Airport (HKIA) had a strong month in August with transhipments and trade with Europe and Taiwan giving it a significant boost. Cargo rose by 3.6 per cent to 374,000 tonnes in August with transhipments increasing 11 per cent year-on-year. Year-to-date volumes are up 0.5 per cent to 2.84 million tonnes and on […]
Strong exports and freighters to North America help Cathay Pacific grow
Cathay Pacific and Dragonair cargo and mail volumes grew by 3.8 per cent in August with strong demand to North America and growing exports from Hong Kong and China. The two airlines handled 153,733 tonnes in August with the load factor increasing by 2.7 percentage points to 63.3 per cent as capacity in available tonne […]
Finnair Cargo bans Samsung Galaxy Note 7 shipments over fire concerns
Finnair Cargo is banning shipments of Samsung Galaxy Note 7 mobile phones due to fire hazard concerns with the battery cell. A number of airlines including Delta Air Lines and Cathay Pacific and regulators such as the Civil Aviation Authority and Federal Aviation Administration have already issued warnings to passengers with the mobile phones not […]
Gatwick Airport cargo volumes continue recovery in August
Gatwick Airport’s cargo volumes have continued their recovery, rising by 12.7 per cent in August to 6,396 tonnes. The August 2016 figure was above the 5,677 tonnes handled in the same month of 2015, but August 2015 had seen a 26 per cent year-on-year fall from the 7,668 tonnes processed in August 2014. On a […]
Cathay Pacific adds Dusseldorf and Gatwick to A350 network
Cathay Pacific has expanded its Airbus A350 network with flights to Dusseldorf and its new service to London’s Gatwick Airport. The Gatwick flight is Cathay Pacific’s first UK long-haul route served by the A350-900, and the airport says it will encourage growth of trading links with China and the Far East. The Gatwick – Hong […]
Cathay Pacific to increase Vancouver and Boston flights
Cathay Pacific is to increase North American services from March 2017 by flying to Boston daily and an extra three flights a week to Vancouver. From 26 March Cathay Pacific will make Boston services daily while Vancouver will add receive three extra flights a week from 28 March using an Airbus A350, serving the Canadian […]
Gatwick aims to handle one million tonnes by 2050
Cargo volumes at Gatwick Airport rose by 18.4 per cent in July and the London hub says it could handle one million tonnes annually by 2050 if it gets approval for expansion. Gatwick handled 6,534 tonnes in July 2016, up from 5,521 tonnes in the same month last year. In 2015 Gatwick saw cargo figures […]
A market that just keep on rocking and rolling
Indian airfreight is booming and according to analysts Frost & Sullivan the air cargo market for the country of 1.3 billion people, reached 2.52million tonnes in 2014-15. International traffic makes up a major part of this, taking a 61 per cent share and key markets include the United Arab Emirates, Hong Kong, UK, Germany, Singapore […]
Cathay Pacific to add Portland to freighter network
Cathay Pacific Cargo will increase its US presence with the start of twice-weekly Boeing 747-8 Freighter services to Portland from 3 November. Portland, in the state of Oregon, will be Cathay Pacific’s 18th cargo station in the Americas, and will operate on a Hong Kong – Anchorage – Los Angeles – Portland – Anchorage – […]
Cathay Pacific receives first Airbus A350
Cathay Pacific has taken delivery of its first Airbus A350 XWB, the first of 48 the Hong Kong carrier has on order. The first A350, a -900, will enter service on 1 June on flights to Manila, and will operate regionally before being moved to long-route routes such as Gatwick Airport and Dusseldorf Airport in […]
Cathay Pacific grows in April but 2016 still a struggle
Cathay Pacific Cargo has seen cargo and mail volumes increase by 2.1 per cent to 147,643 tonnes though it is still down 1.8 per cent year-to-date. Between January and April volumes were down 1.8 per cent to 569,638 tonnes. Revenue tonne kilometres increased by 0.6 per cent to 853.9 million but were down 3.4 per […]
Transhipments help Hong Kong grow in April
Hong Kong International Airport (HKIA) has seen cargo volumes increase by 1.2 per cent in April to 365,000 tonnes, with Europe and Mainland China seeing the largest growth, and transhipments increasing. The airport has continued its recovery, which started in March, following a slow start to the year, with January and February seeing declines. Cargo […]
Cathay Pacific and Lufthansa Cargo enter joint business agreement
Cathay Pacific and Lufthansa Cargo have entered into a joint business agreement, which they say brings numerous benefits to customers from joint network between Hong Kong and Europe. Both carriers explain it means more direct connections, greater flexibility and time savings combined with service enhancements, which are just some of the benefits customers will enjoy thanks […]
dnata’s new Heathrow facility to be just for Cathay Pacific
dnata says its new Heathrow Airport cargo facility will be dedicated to Hong Kong carrier Cathay Pacific. The company says the move to Building 521a builds on its long-term partnership with Heathrow’s largest independent handler. dnata UK says the new state-of-the-art on-airport cargo facility at Heathrow will open its doors in April. This ends speculation as to […]
ACCC upholds price fixing fines against Garuda and Air NZ
The Australian Competition and Consumer Commission (ACCC) has upheld surcharge price fixing fines against Garuda Indonesia and Air New Zealand. The ACCC had taken action against 15 airlines, of which, 13 paid fines totalling $98.5 million, while Garuda and Air New Zealand appealed. Proceedings against Garuda and Air New Zealand were dismissed on 31 October […]
Cathay Pacific sees 10.1% volume fall
Cathay Pacific Airways has seen a double-digit drop in the volume of cargo and mail uplifted in February. Cathay Pacific and Dragonair combined carried 117,299 tonnes of cargo, a 10.1 per cent decrease compared to the same month last year. The cargo and mail load factor fell by 7.5 percentage points to 58 per cent. […]
Gatwick’s cargo falls again in February
Gatwick Airport has had another difficult month with cargo volumes falling by 12.2 per cent to 5,628 tonnes in February. The double digit fall in February follows from January, when volumes were down 9.7 per cent to 5,231 tonnes. On a 12 month basis from March 2015 to February 2016, cargo volumes are down 18.1 […]
Profit rise in 2015 for Cathay Pacific but cargo revenue falls
The Cathay Pacific Group recorded a profit of $6 billion Hong Kong dollars ($772 million) in 2015 – up on the profit of $3.1 billion in 2014. The carrier says the group’s performance in 2015 was better than in 2014, with the business benefiting from low fuel prices. Cathay Pacific says air cargo demand, which came under […]
January increase for Cathay Pacific despite overcapacity fears
Cathay Pacific and Dragonair saw cargo volumes increase slightly in January by 0.3 per cent to 147,690 tonnes helped by a pre-Chinese New Year boost, though overcapacity fears continue. The cargo load factor fell by 1.8 percentage points to 61.6 per cent with available tonne kilometres up four per cent to just under 2.6 billion. […]
Industry misses e-AWB penetration target
The airfreight industry has missed the 2015 electronic air waybill (e-AWB) penetration target of 45 per cent set by the International Air Transport Association (IATA), managing just 36.4 per cent. This is in contrast to 2014, when the industry beat the target of 22 per cent target, hitting 24.8 per cent. Penetration rose quickly from […]
Dragonair to be rebranded Cathay Dragon
Dragonair is to be rebranded Cathay Dragon to bring its brand closer to Cathay Pacific. As well as a name change, Cathay Dragon will receive a new logo retaining the distinctive red of Dragonair, and livery with the brushwing on the tail, similar to Cathay Pacific. The livery will be debuted on an Airbus A330-300 […]
15 carriers to make the switch to eAWBs, Descartes says
Fifteen airlines are to switch to the electronic air waybill (eAWB) from 1 March this year as the preferred method for shipping airfreight, but there remains barriers to adoption notably from forwarders, according to Descartes. Air Canada, Air France-KLM, American Airlines, British Airways/Iberia (IAG), Cathay Pacific, Delta Air Lines, Etihad Airways, Finnair, Lufthansa Cargo, Qatar […]
‘Contradictory’ price fixing cartel fine overturned
Fines of 790 million euros ($868 million) imposed by the European Commission against airlines for fixing fuel and security surcharges has been overturned, as the decision was ‘contradictory’. In 2010, the commission had fined Air Canada, Air France, British Airways, Cargolux, Cathay Pacific, Japan Airlines, LATAM Airlines Group, Martinair, Qantas, SAS Cargo and Singapore Airlines […]
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 […]
Cathay Pacific settles antitrust case in Canada
Cathay Pacific Airways yesterday said it would pay C$6 million ($4.48 million) to settle an antitrust case in Canada involving its cargo operations. According to media reports in Hong Kong, the carrier made the announcement in a filing to the local stock exchange, and the settlement agreement is pending approval by the Canadian courts. The […]
IATA e-AWB end of year target likely to be missed
Electronic air waybill (e-AWB) penetration has risen to 35.1 per cent in October, an improvement on September but reaching the end of year target of 45 per cent is unlikely. Penetration increased by 0.9 per cent over September, according to the International Air Transport Association, but this is a slowdown compared to previous months, which […]
Indian market boosts Cathay Pacific in October
Cathay Pacific Airways has seen cargo and mail volumes rise by 4.6 per cent in October compared to the same month in 2014 – with traffic boosted by freight to and from India. Cathay Pacific and Dragonair combined handled 163,733 tonnes of cargo and mail in October, while the cargo and mail load factor rose by 1.4 percentage points […]
Cathay Pacific unveils new livery
Cathay Pacific has unveiled its new livery for its aircraft, showcasing it on one of its Boeing 777-300ERs [Extended Range]. The livery was unveiled at an event at Hong Kong International Airport attended by 300 guests, including the Hong Kong government’s secretary for transport and housing, Anthony Cheung. When Cathay Pacific starts receiving Airbus A350s, […]
Cathay Pacific sees growth return after mid-year slowdown
Cathay Pacific and Dragonair have seen growth of 2.8 per cent in September to 151,358 tonnes, and is expecting seasonal growth in October and November, following three months of slow growth. The increase in September followed growth of less than one per cent in June, July and August. Both June and July saw year-on-year (YOY) […]
Cathay Pacific sees volumes increase but load factor fall
Cathay Pacific and Dragonair have seen cargo volumes increase by 0.8 per cent in August to 148,109 tonnes but the load factor has fallen to 60.6 per cent due to weak demand. The Hong Kong based carriers have seen year-on-year (YOY) growth in every month of 2015, but it has slowed to less than one […]
