HONG Kong's cathay Pacific carried 124,236 tonnes of cargo in August 2024, an increase of 6.3 per cent compared with the same month last year.
The month's cargo revenue tonne kilometres (RFTKs) decreased 0.9 per cent year on year. The cargo load factor decreased by 1.7 percentage points to 57.1, while available cargo tonne kilometres (AFTKs) increased by 2.1 per cent year on year.
In the first eight months of 2024, the tonnage increased by 9.8 per cent to a total of 970,498 tonnes, against an 8.8 per cent increase in AFTKs and a 3.2 per cent increase in RFTKs, as compared with the same period for 2023.
Commenting on the month's cargo business, Cathay Pacific's chief customer and commercial officer Lavinia Lau said: 'Cargo demand remained stable in August, continuing the trend of the past months, with tonnage 6 per cent above August last year.
'We observed an uptick in demand towards the end of the month, in line with expectations as we look ahead to the traditional year-end peak.
'In terms of our special solutions, Cathay Live Animal benefitted from exports from Southeast Asia and North America, while Cathay Pharma saw increased exports from the United States. From the Greater Bay Area, e-commerce shipments continued to be the key driver of export tonnage.'
Looking ahead, Ms Lau said: 'We we expect demand will be robust as we move into the traditional peak season from the second half of September. Five additional flights per week to North America will be operated.
'While e-commerce tonnage will continue to rise, we also foresee an increase in tonnage of high-tech and electronic goods from the Chinese Mainland, Southeast Asia and India.'
In August, the airline carried a total of 2,068,979 passengers, an increase of 15.9 per cent compared with August 2023.
SeaNews Turkey
The month's cargo revenue tonne kilometres (RFTKs) decreased 0.9 per cent year on year. The cargo load factor decreased by 1.7 percentage points to 57.1, while available cargo tonne kilometres (AFTKs) increased by 2.1 per cent year on year.
In the first eight months of 2024, the tonnage increased by 9.8 per cent to a total of 970,498 tonnes, against an 8.8 per cent increase in AFTKs and a 3.2 per cent increase in RFTKs, as compared with the same period for 2023.
Commenting on the month's cargo business, Cathay Pacific's chief customer and commercial officer Lavinia Lau said: 'Cargo demand remained stable in August, continuing the trend of the past months, with tonnage 6 per cent above August last year.
'We observed an uptick in demand towards the end of the month, in line with expectations as we look ahead to the traditional year-end peak.
'In terms of our special solutions, Cathay Live Animal benefitted from exports from Southeast Asia and North America, while Cathay Pharma saw increased exports from the United States. From the Greater Bay Area, e-commerce shipments continued to be the key driver of export tonnage.'
Looking ahead, Ms Lau said: 'We we expect demand will be robust as we move into the traditional peak season from the second half of September. Five additional flights per week to North America will be operated.
'While e-commerce tonnage will continue to rise, we also foresee an increase in tonnage of high-tech and electronic goods from the Chinese Mainland, Southeast Asia and India.'
In August, the airline carried a total of 2,068,979 passengers, an increase of 15.9 per cent compared with August 2023.
SeaNews Turkey
