Cathay Pacific Group airlines Cathay Pacific and Cathay Dragon had a strong June – increasing both the tonnage it carried and the load factor across the flights it operated.
In the first six months of 2018, the tonnage rose by 7.5 per cent (1.03 million tonnes) against a 4.1 per cent increase in capacity and a 7.3 per cent increase in RFTKs.
Cathay Pacific director for commercial and cargo, Ronald Lam said: “In terms of cargo, tonnage picked up towards end of the month. We observed a particular rise in demand on routes to Japan, owing to some capacity tightening in the market, while there was also increased uplift into the United States from Hong Kong and mainland China.
“Looking ahead, we are closely monitoring geopolitical developments and their effect on tariff and currency movements, which have the potential to significantly impact both our passenger and cargo businesses.”