Cathay Pacific reports strong April Volume growth

Cathay Pacific Airways has announced combined Cathay Pacific and Dragonair traffic figures for April 2015 that show an increase in the cargo and mail uplift compared to the same month in 2014.

The two airlines carried 144,579 tonnes of cargo and mail in April, an increase of 5.2% compared to April 2014. The cargo and mail load factor fell by 0.5 percentage points to 62.6%. Capacity, measured in available cargo/mail tonne kilometres, rose by 7.3% while cargo and mail revenue tonne kilometres (RTKs) flown increased by 6.3%. In the first four months of the year, tonnage rose by 10.5% against a capacity increase of 9.1% and a 13.0% rise in RTKs.

Cathay Pacific General Manager Cargo Sales & Marketing Mark Sutch said, “Our cargo business benefitted from a modest rush in demand out of the home market before Easter and the pick-up after the holiday was reasonably swift. Demand out of the key manufacturing centres in Mainland China fluctuated throughout the month and we faced intense competition out of western China cities. Transpacific business held up well and we continued to benefit from the logjam of freight in seaports on the west coast of the US, even after the industrial dispute was resolved. We saw robust demand out of Southeast Asia, and Vietnam in particular, in April while strong traffic to India remains a key focus.”