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  • July 23, 2014
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  1. More passengers,less cargo for Cathay in June

    Posted Jul 17th 2012, 12:00am

    ... 2.41 million passengers in June, up from 2.27 million a year earlier. But cargo and mail volumes fell 5.4 per cent to 127,698 tonnes last month, down from 134,980 tonnes in June last year, as the industry continued to suffer from slowing trade. Cathay said passenger numbers climbed 8.6 per cent to 14.31 million in the first six months, while cargo and mail volumes dropped 9.8 per cent ...

  2. Cathay hit by 11pc fall in cargo volumes

    Posted Apr 17th 2012, 12:00am

    ... Cathay Pacific Airways continued to experience strong growth in passenger traffic last month although its cargo volume dropped nearly 11 per cent year-on-year. Cathay and its wholly-owned subsidiary Dragonair saw cargo volumes fall 10.7 per cent to 144,140 tonnes last month despite signs of recovery in the cargo sector. Hong Kong Air Cargo Terminals (Hactl), which handles 70 per cent ...

  3. Cathay faces struggle to fill larger cargo holds

    Posted Nov 18th 2011, 12:00am

    ... Cathay Pacific Airways is struggling to fill up its cargo space even as its freight capacity is set to increase by 15 to 20 per cent next year. With the delay in delivery until next year of most of the 10 747-8 freighters it ordered, Cathay will be in the unenviable position of having to fill up even bigger cargo holds - the jumbo 747-8 can hold 16 per cent more than its ...

  4. No plea-bargain deals for former cargo heads

    Posted Jun 21st 2011, 12:00am

    ... Department to settle allegations of price fixing on airfreight shipments. Kenny Tang Kwok-kit, formerly general manager for Cathay Pacific Cargo, and Thomas Wong Wing-cheong, who was the airline's head of cargo sales for Hong Kong and China may now face further charges. Tang is currently chief operating officer at Hong Kong Aircraft Engineering, the Swire Pacific aircraft ...

  5. Holiday orders boost Cathay cargo

    Posted Nov 11th 2009, 12:00am by Charlotte So, Denise Tsang

    ... It is not only Santa's sleigh that is packed with Christmas goodies this year, the cargo holds of Cathay Pacific Airways aircraft are also filling up as United States retailers restock their shelves in time for the holidays. 'This year, we are seeing a very definite seasonal peak,' said James Woodrow, Cathay's cargo general manager for the mainland ...

  6. Manpower needs on the rise as air cargo volume soars

    Posted Dec 23rd 2006, 12:00am by Tim Metcalfe

    ... for international air cargo since it opened nearly a decade ago. In that time, the volume of air cargo has doubled. Last year, the airport handled 3.4million tonnes of freight. That represented only 1 per cent of total shipments by weight, with the vast majority still shipped by sea. But the value of that cargo accounted for more than a third of Hong Kong's total trade, worth HK$1.57 ...

  7. Cargo rate fixing fine to hit Cathay's profit

    Posted Jun 28th 2008, 12:00am by Charlotte So

    ... million fine for fixing cargo rates in the United States, adding to the carrier's operating woes. The airline agreed to pay the amount to the US government as settlement for a conspiracy to fix prices for cargo fuel surcharges on flights between Hong Kong and the US. Cathay and three other carriers- Air France-KLM, Martinair and SAS Cargo Group- reached a deal with the Department ...

  8. Headwinds buffet Cathay cargo plans

    Posted May 26th 2006, 12:00am by Russell Barling

    ... - and highest margin - sector of the trade transport industry. Like most of Asia's premier airlines, Cathay's cargo business has grown to account for more than 33 per cent of overall revenue ... years old and two others are 22 and 19 - but the net increase in capacity could be staggering. So, like other top global cargo carriers, Cathay has big plans for its freight division, including ...

  9. Big stakes all round for air cargo terminal combatants

    Posted Jun 02nd 2006, 12:00am by Russell Barling

    ... Below Deck has spent an inordinate amount of time recently writing about the pitch war emerging from Cathay Pacific Airways' desire to have its own air cargo terminal at the airport. There are few transport issues that potentially have such a wide-ranging impact on the economy than whether Hong Kong gets its air cargo strategy right. Swire Pacific, Hutchison Whampoa, Sun Hung Kai ...

  10. Cathay wants own cargo hub

    Posted Mar 09th 2006, 12:00am by Russell Barling

    ... air cargo terminal at the Hong Kong airport, according to newly appointed chairman Christopher Pratt. Mr Pratt confirmed speculation that a facility dedicated to its freight business was being planned as the airline redoubles efforts to cut costs across the business. 'Yes, we want [a dedicated cargo facility]. We believe Hong Kong needs one and we have made those views known ...




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