All Cathay Pacific Cargo articles – Page 2
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News
Cathay Pacific claws back capacity amid flat demand
Cathay Pacific has continued to benefit from the easing of quarantine restrictions in Hong Kong and the return of its full freighter schedule but suffered from flat demand during the summer.Overall figures reflected a challenging market, but the airline operated 59% of its pre-pandemic cargo flight capacity in August, said ...
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Cathay Pacific prepares for muted cargo peak season
Cathay Pacific has added cargo capacity and has been in close dialogue with suppliers as it prepares for what is expected to be a muted peak season.The Hong Kong-based airline said it has been adding extra passenger flights, cargo-only capacity and has ramped up freighter operations ahead of the peak.General ...
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Cathay Pacific Cargo introduces carbon-offset programme
Cathay Pacific has extended its carbon-offset programme to Cathay Pacific Cargo to help it achieve its ambition of net-zero carbon emissions by 2050.The Fly Greener carbon-offset programme is powered by an integrated carbon emissions calculator.The carbon emissions calculator works out the carbon emissions of shipments and the cost to offset ...
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NewsTop 25 air cargo carriers for 2021 revealed
IATA World Air Transport Statistics (WATS) data for 2021 showed the top 25 cargo airlines last year had strong volume growth following a tough first pandemic year (full chart at end of article).Overall traffic in scheduled cargo tonne km (CTK) terms increased by 18.7% year on year in 2021, a ...
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NewsCathay Pacific Cargo adopts Cargo iQ warehouse tracking milestones for airfreight handling efficiency
Frosti Lau, general manager cargo service delivery, Cathay Pacific. Photo: Cathay PacificCargo iQ’s Freight into Warehouse control (FIW) and Freight out of Warehouse control (FOW) freight planning and monitoring milestones have been implemented by Cathay Pacific Cargo in Hong Kong to bring enhanced visibility of cargo during warehouse and ramp ...
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News
Cathay sees cargo volumes drop in July as challenges remain
Cathay Pacific reported a drop in cargo volumes again in July as it faces ongoing capacity constraints and operational challenges.The group's July cargo volumes declined by 17.2% year on year to 100,714 tonnes and were down 40.7% compared with 2019 levels.Cargo capacity in available cargo tonne km terms was down ...
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Cathay Pacific aims for two thirds of pre-pandemic cargo capacity by the end of 2022
Cathay Pacific Cargo aims to progressively increase "cargo flight capacity to 65% of the pre-pandemic level by the end of 2022" but it is currently still hampered by quarantine requirements.The carrier's long-haul freighter capacity has been restricted by pandemic measures which only began to be eased in May.Cathay Pacific Cargo ...
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News
Cathay Pacific Cargo resumes Queensland-Hong Kong service
Cathay Pacific Cargo has resumed its weekly Boeing 747 freighter service from Toowoomba Wellcamp Airport in Queensland, Australia to Hong Kong.In a LinkedIn post on August 4, the carrier said: "We are thrilled to be supporting local producers once more, delivering a wide range of exports including chilled meats, vegetables ...
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News
Cathay Pacific Cargo predicts muted peak season
Cathay Pacific Cargo is expecting a muted peak season while it continues to add passenger flights and faces cross-border trucking issues.Updating on current market conditions, Cathay Pacific head of cargo sales for Hong Kong and the Greater Bay Area (GBA) Frank Yau said that demand out of Shanghai was expected ...
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News
Hong Kong faces more cross-border trucking restrictions
Supply chains operating through Hong Kong are once again facing restrictions on cross-border truck operations due to Covid-restrictions.Freight forwarder Dimerco said that increasing Covid cases around Shenzhen have led to the city reducing daily cross-border truck movements from 3,500 to 1,500.The restrictions began on July 25 and reduce truck capacity ...
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NewsCathay Pacific freighter completes first comercial flight on new Hong Kong runway
Source: Cathay PacificA Cathay Pacific freighter has completed the first commercial flight to land at Hong Kong International Airport's (HKIA) new third runway.The landing of flight CX3251 from Shanghai Pudong operated by a Boeing 747-400F freighter at 08:27am on July 8 was conducted as part of the operation familiarisation on ...
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News
Cathay Pacific Cargo resumes full freighter schedule
Cathay Pacific Cargo has resumed its full freighter schedule and will be operating between 90 to 100 freighters each week.In a press release, Tom Owen, director of cargo, said: “For the Americas that means about 35 transpacific freighters a week, and there will be a daily freighter service to Europe.“We’re ...
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News
Cathay Pacific to add freighter flights to Schiphol, Paris CDG and Heathrow
Cathay Pacific is continuing to restore its freighter network with the addition of flights to Amsterdam Schiphol, Paris CDG, London Heathrow, Dubai, Riyadh and Phnom Penh.Starting June 17, the carrier will fly from its home hub Hong Kong to Heathrow once a week with a B747 freighter. Flights to Paris ...
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News
Cathay Pacific flight capacity begins to recover in April with mixed demand
Cathay Pacific’s cargo throughput increased by double-digit figures in April as the airline plans to add more cargo flights following the Hong Kong government’s easing of crew quarantine rules.The airline carried 92,361 tonnes of cargo last month, an increase of 26.3% compared to April 2021, but a 43.6% decrease compared ...
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News
Cathay Pacific to add more cargo flights as restrictions ease
Cathay Pacific has welcomed the Hong Kong government's easing of crew quarantine rules and said the adjustments will allow it to expand its cargo operations.The new rules mean that vaccinated cargo crew will no longer be required to quarantine on returning flights but will be subject to a 14 day ...
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NewsCathay Pacific Cargo launches new priority service tiers
Cathay Pacific Cargo is launching three service tiers that will allow customers to pay more to ensure their shipments receive priority.The priority solution offers three service tiers: First (PR1), Essential Plus (PR2) and Essential (PR3).PR1 is the premium tier that offers access to capacity even on high-demand flights, with guaranteed ...
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News
Rates decline in March despite Ukraine crisis and Covid restrictions
Airfreight rates on major east-west trade lanes declined in March despite the impact of the Ukraine crisis on airfreight and supply chain disruption in Asia caused by Covid.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in March rates on services from Hong Kong to North America ...
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News
Cathay Pacific freighters to return to Europe in April
Cathay Pacific Cargo will restart freighter flights to Europe after an absence from the trade lane of more than three months.The carrier will add a twice-per-week B747 freighter flight from Hong Kong to Frankfurt - operating on Wednesdays and Saturdays - starting on April 13.From Frankfurt the airline will offer ...
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Cathay focuses on regional freighter flights as long-haul remains constrained
Cathay Pacific Cargo has ramped up its focus on regional services as its long-haul operations are still constrained by flight crew quarantine requirements.The Hong Kong-based airline in February saw its cargo traffic decline by 53.3% to 240.5m in cargo tonne kms as its long-haul freighter operations were limited.In January, the ...
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NewsCathay Pacific targets cargo growth as it records 2021 loss
Photo: Cathay PacificCathay Pacific Group faced an attributable loss of HK$5.5bn in 2021 and is looking to increase "cargo capacity as much as practicable”.Cargo revenue in 2021 was HK$32.3bn, an increase of 31.8% compared to 2020. Cargo revenue tonne kilometres (RFTK) decreased by 1.1% to 8.2bn RFTK.The decline in volumes ...