HONG KONG's Cathay Pacific and Cathay Dragon carried 184,935 tonnes of cargo and mail in July, an increase of 2.9 per cent compared to the same month last year.
The cargo and mail load factor rose by 1.6 percentage points to 70.3 per cent. Capacity, measured in available freight tonne kilometres (AFTKs), was down by 0.3 per cent while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 2.1 per cent.
In the first seven months of 2018, the tonnage rose by 6.8 per cent against a 3.4 per cent increase in capacity and a 6.4 per cent increase in RFTKs.
'Our cargo business continues to be steady, with tonnage in July recording year-on-year growth from a high base,' said Cathay cargo and commercial director Ronald Lam..
'Transshipment volumes increased, in particular from Japan, Southeast Asia and America, while the load factor and yield maintained a high level. We continue to closely monitor the external factors that have the potential to impact global trade,' he said.
The sister airlines also carried 3,152,973 passengers last month - an increase of 1.1 per cent compared to July 2017. The passenger load factor eased slightly to 86.7 per cent, while capacity, measured in available seat kilometres (ASKs), increased by 2.8 per cent.
In the first seven months of 2018, the number of passenger carried grew by 1.8 per cent while capacity increased by 3.1 per cent.
Said Mr Lam: 'Although July is traditionally one of the slower months in terms of business travel, we observed strong demand for our premium cabins during the period.
'There were also improved yields in the economy cabin, particularly on short haul routes. Traffic on our European routes remained particularly strong, with our new flights flights to Brussels, Dublin and Copenhagen continuing to build up momentum during the summer peak,' he said.
The cargo and mail load factor rose by 1.6 percentage points to 70.3 per cent. Capacity, measured in available freight tonne kilometres (AFTKs), was down by 0.3 per cent while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 2.1 per cent.
In the first seven months of 2018, the tonnage rose by 6.8 per cent against a 3.4 per cent increase in capacity and a 6.4 per cent increase in RFTKs.
'Our cargo business continues to be steady, with tonnage in July recording year-on-year growth from a high base,' said Cathay cargo and commercial director Ronald Lam..
'Transshipment volumes increased, in particular from Japan, Southeast Asia and America, while the load factor and yield maintained a high level. We continue to closely monitor the external factors that have the potential to impact global trade,' he said.
The sister airlines also carried 3,152,973 passengers last month - an increase of 1.1 per cent compared to July 2017. The passenger load factor eased slightly to 86.7 per cent, while capacity, measured in available seat kilometres (ASKs), increased by 2.8 per cent.
In the first seven months of 2018, the number of passenger carried grew by 1.8 per cent while capacity increased by 3.1 per cent.
Said Mr Lam: 'Although July is traditionally one of the slower months in terms of business travel, we observed strong demand for our premium cabins during the period.
'There were also improved yields in the economy cabin, particularly on short haul routes. Traffic on our European routes remained particularly strong, with our new flights flights to Brussels, Dublin and Copenhagen continuing to build up momentum during the summer peak,' he said.