Loading
15-Sep-2016 4:09 PM

Cathay Pacific pax numbers down 4% with 87% load factor in Aug-2016, cargo volume up 4%

Cathay Pacific reported (15-Sep-2016) the following traffic highlights in Aug-2016:

Cathay Pacific: “Overall cargo demand in August was reasonably robust and tonnage continued to stabilise. Freighters on our North American routes were generally full. We now see the momentum for exports out of Hong Kong and Mainland China building. As expected, the yields are gradually improving although there remains a gap when compared with the same period last year. We are planning to operate our maximum freighter schedule over the coming peak to match with the forecast demand from various new product launches.” Source: Company statement, 15-Sep-2016.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More