Cathay Cargo enters 2026 with optimism as volumes rise 9% to 1.6 million tonnes, despite facing tariffs and geopolitical tensions.
Cathay Cargo has entered 2026 with a cautiously optimistic outlook after volumes rose nine per cent year on year to 1.6 million tonnes in 2025, reported the Macao News.
Cargo director Dominic Perret stated that the market faces headwinds from new tariffs, geopolitical tensions, and shifting trade rules. Mexico imposed tariffs of up to 50 per cent on Chinese goods from January, while the EU will levy a fee on low-value parcels from July, targeting e-commerce platforms such as Shein and Temu.
Despite these pressures, Mr. Perret pointed to growth opportunities in demand linked to artificial intelligence infrastructure and strong Asian manufacturing hubs. Shipments of technology products, including server racks and semiconductors, are expected to remain firm through 2026.
Cathay has adjusted its capacity to meet demand shifts, strengthening its Southeast Asia network and adding a seasonal freighter service to Madrid. The carrier also highlighted its ability to handle higher-yield specialized cargo such as pharmaceuticals and live animals, including horses flown from Europe to Hong Kong.
Mr. Perret mentioned that Cathay is advancing digital upgrades, enhancing its online booking system and expanding data and AI use. The airline is also deepening intermodal links between Hong Kong International Airport and the Greater Bay Area, including the Air-Land Fresh Lane for perishables and a through-air waybill to Zhuhai.
Marking its 80th anniversary in 2026, Cathay will repaint one Boeing 747-8F freighter in its historic green and white livery. Hong Kong remained the world's busiest cargo hub in 2025, handling 5.07 million tonnes, up 2.7 per cent year-on-year.
