Tag: Cathay Dragon

Cathay Pacific releases combined traffic figures for October 2019

The Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for October 2019 that show a raise in the volume of cargo and mail but a decrease of passengers carried compared to the same month in 2018. Cathay Pacific and Cathay Dragon carried a total of 2,740,...

Cathay Pacific’s tonnage falls 14% in August as headwinds hit hard

Cathay Pacific Group’s two airlines Cathay Pacific and Cathay Dragon carried 161,394 tonnes of cargo and mail in August, a drop of 14 per cent compared to the same month last year, as various headwinds affected performance. The cargo and mail load factor fell by 7.5 percentage points to 60.9 p...

Cathay Pacific tonnage declines 8.2% in July as it continues to face headwinds

Cathay Pacific Group’s cargo and mail tonnage fell 8.2 per cent in July, as the airline continued to face headwinds and deal with softening demand across markets. Cathay Pacific and Cathay Dragon combined, carried 169,720 tonnes of cargo and mail last month. The load factor fell by a significa...

Cathay Pacific reports substantial cargo revenue decline

The Cathay Pacific Group has reported a sharp 11.4 per cent decline in cargo revenues of HK$11.49 billion in the first half of the year. The airline group said it reflected the weaker global trade brought about in part by US-China trade tensions. Volume and yield declined. Flown cargo capacit...

Cathay Pacific completes acquisition of Hong Kong Express Airways

Cathay Pacific has completed the acquisition of low-cost carrier Hong Kong Express Airways (HK Express) and HK Express is now a wholly owned subsidiary of Cathay Pacific. Cathay Pacific Cargo has been appointed as the general sales and service agent (GSSA) for all HK Express cargo activities ac...

Cathay Pacific posts 9.1% tonnage decline in June

Asia's air cargo operators continue to suffer as the Cathay Pacific Group has reported that tonnage carried by Cathay Pacific and Cathay Dragon fell 9.1 per cent in June compared to the same month in 2018. The two airlines carried 163,977 tonnes of cargo and mail last month. The cargo and mail l...

Geopolitcal tensions continue to drag Cathay Pacific down

Cathay Pacific Group said its two cargo arms Cathay Pacific and Cathay Dragon saw tonnage fall in May as business continued to be impacted by geopolitical tensions and resulting dampened market sentiment. Cathay Pacific and Cathay Dragon combined carried 168,270 tonnes of cargo and mail last mon...

Cathay Pacific sees cargo tonnage decline 6.2% in April

Cathay Pacific Group today reported that in April its two airlines Cathay Pacific and Cathay Dragon carried a combined 163,694 tonnes of cargo and mail last month - a drop of 6.2 per cent compared to the same month last year. The cargo and mail load factor fell by 5.5 percentage points in April ...

Cathay Pacific posts 2.5% tonnage fall in March

Cathay Pacific and Cathay Dragon posted a combined decline in cargo and mail uplifted in March compared to the same month in 2018. The two airlines carried 185,156 tonnes of cargo and mail last month, a drop of 2.5 per cent compared to the same month last year. The cargo and mail load factor fel...

Cathay Pacific cargo tonnage falls 9.9% in February

Cathay Pacific Group has reported that Cathay Pacific and Cathay Dragon combined saw a steep decline in cargo and mail carried last month and the Chinese New Year holiday resulted in distortion of figures. Last month, the Hong Kong carrier moved 131,320 tonnes of cargo and mail, a decrease of 9.9...

Cathay Pacific set to swing back into profit in 2018

Cathay Pacific has reported it expects to record a consolidated of approximately HK$2.3 billion (US$293 million) in 2018 - which compares to an attributable loss to shareholders of HK$1,259 million for the year ending 31 December 2017. The airline said in a corporate announcement that last year, ...

Cathay Pacific tonnage up 4.7% in 2018, but warns of trade uncertainty

Cathay Pacific Group airlines Cathay Pacific and Cathay Dragon carried a combined 2.15 million tonnes of cargo in 2018 – 4.7 per cent more than 2017. The load factor across the Hong Kong based group's freighter and belly network was up one percentage point to 68.8 per cent, capacity, measured i...

Tonnage increase of 6.5% in October for Cathay Pacific

Cathay Pacific and Cathay Dragon combined carried 192,522 tonnes of cargo and mail in October - an increase of 6.5 per cent on the same month last year - as numbers were boosted by a growing belly network. The cargo and mail load factor rose by 1.1 percentage points to 70.4 per cent. Capacity, me...

Cathay Pacific reports uplift in June

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. Cathay Pacific and Cathay Dragon carried a total of 180,354 tonnes of cargo and mail last month, an increase of 5.8 per cen...

Cathay Pacific reports 6.7% tonnage uplift in April

Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for April 2018 that show a strong increase in cargo and mail uplifted compared to the same month in 2017. The two airlines carried 174,489 tonnes of cargo and mail last month, an increase of 6.7 per cent...

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