Cathay Pacific sees long-awaited cargo peak kick in at end of Oct-2013

Cathay Pacific in the Nov-2013 edition of CX World Magazine, stated (Nov-2013) the "long-awaited cargo peak finally kicked
in at the end of October - about three weeks later than expected and still not as strong as forecast". The carrier also noted that it has ramped up its freighter schedule as demand has increased, with most of the increases on trans-Pacific routes. In the week ended 02-Nov-2013, the airline operated 35 freighters to North America - up from 29 a month earlier - and that number was expected to climb to 39 in subsequent weeks. Freighter capacity to Europe has remained at a steadier level - 10-12 per week - which is a long way behind the 20-plus freighters operated each week during the 2010 peak. [more - original PR]