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Cargo competition cramps Cathay


Cathay Pacific’s fast-growing cargo business is threatened

by rising competition, falling yields, and a slowdown in volumes that appears

to be gathering pace. According to the airline, the Hong Kong cargo market has

“got off to a slow start” so far this year. Director and GM Cargo,

Ron Mathison, said the usual pre-Chinese New Year rush “did not materialise”. [341 words]

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