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Cathay Pacific pax numbers up 7% in Mar-2013, cargo down 5%

18-Apr-2013 10:50 AM

Cathay Pacific reports (17-Apr-2013) the following traffic highlights in Mar-2013:

Cathay Pacific cargo: “We saw little change in the overall market situation in March. Demand was slow to recover from the extended closure of factories over the Chinese New Year period in February, and there was no significant surge out of our two key markets, Hong Kong and Mainland China. The major airfreight markets have been soft for two years now and, with no sign of any sustained pick-up in sight, we will continue to manage our freighter capacity in line with market demand,” James Woodrow, Cathay Pacific general manager Cargo Sales & Marketing. Source: Company statement, 17-Apr-2013.