All Cathay Pacific Cargo articles – Page 6
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News
Hong Kong flights suspended for second day
Hong Kong International Airport (HKIA) has again suspended all passenger flights due to ongoing protests just hours after re-starting operations.The world's busiest freight hub began allowing flights to take-off earlier today after a suspension was put in place yesterday due to hundreds of protesters occupying the main arrivals hall.However, just ...
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Hong Kong Airport flights re-start after cancellations this morning
UPDATE: FLIGHTS ONCE AGAIN SUSPENDED CLICK TO READ MOREPassenger flights at Hong Kong International Airport (HKIA) have re-started today after there were more cancellations this morning (August 13).Flights at the world's busiest freight hub were first cancelled yesterday as a result of protesters occupying the main arrivals hall.Freighter flights were ...
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Cathay Pacific takes action following China warning over protests
Cathay Pacific has suspended a pilot who was arrested amid ongoing protests in Hong Kong. It has also fired two members of ground staff for "misconduct".The suspension and terminations, which took place over the weekend, follow a warning emailed to staff from Cathay Pacific chief executive Rupert Hogg on August ...
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Cathay Pacific Cargo under pressure in H1
Cathay Pacific saw cargo revenues, volumes and yields decline in the first half of the year as the US-China trade war took its toll on performance.The Hong Kong-headquartered carrier reported an 11.4% year-on-year decline in cargo revenues to HK$11.5bn, volumes were down 5.7% on a year ago to 979,000 tonnes ...
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Cathay Pacific pioneers ULD blockchain technology
Hong Kong-based Cathay Pacific is the first airline to introduce blockchain technology to manage its ULDs in real time via a mobile app and will ultimately eliminate paper receipts, following a successful trial last year.The first stage of the project began in July. It will initially focus on ULD transactions ...
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NewsCathay introduces fire containment bags for lithium-ion battery shipments
Cathay Pacific Cargo has introduced a new fire containment bag that enables it to carry standalone shipments of lithium-ion batteries safely.Cargo products manager Alex Leung said: “These new fire containment bags have been thoroughly tested and meet our stringent safety requirements, and they have also been approved by the US ...
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NewsConlin replaces Mao at Cathay Pacific Cargo
James Conlin (pictured) is taking over from Jeanette Mao as head of cargo global partnerships at Cathay Pacific.Conlin has worked for Cathay Pacific for five years, including stints as country manager for Bangladesh and then for South Korea.Mao is moving to a new post in the airline’s passenger business.
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Cathay Pacific Cargo says flexibility is key in tough market
Cathay Pacific believes that an agile approach to making network changes will help the carrier combat current weak market conditions.Writing in the airline's Cargo Clan publication, head of cargo markets and products John Cheng said that it is well known that cargo is a cyclical business and that "all signs ...
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Cargo volumes down at Cathay Pacific in May
The Cathay Pacific Group saw its cargo volumes decline again in May, with demand shrinking by 3.9% year on year to 168,270 tonnes.The cargo and mail load factor fell by 4.7 percentage points to 63.9%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 4.6% while cargo and ...
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NewsCathay Pacific Cargo volumes fall in April
Ronald Lam, Cathay PacificCathay Pacific and Cathay Dragon carried a total of 163,694 tonnes of cargo and mail in April, a fall of 6.2% year on year.The combined cargo load factor for the two carriers of the Cathay Pacific Group also fell – by 5.5% (to 62.5%) over the same ...
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NewsBahrain finds the cargo formula for Grand Prix racing
A Cathay Pacific B747 freighter at BahrainBahrain International Airport (BIA) saw a 23% surge in Formula One (F1) related cargo volumes in the build up to the Gulf Air Bahrain Grand Prix.More than 1,564 tonnes carried on 19 cargo flights arrived at the Middle East hub in the run up ...
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Cathay Pacific and Lufthansa Cargo joint venture fully expanded
Cathay Pacific’s cargo division and Lufthansa Cargo have started eastbound shipments from Europe to Hong Kong under their joint business agreement (JBA).Under the JBA framework, Hong Kong is connected directly to Frankfurt, Amsterdam, Barcelona, Brussels, Dublin, London (Gatwick and Heathrow airports), Madrid, Manchester, Milan, Munich, Paris, Rome and Zurich.In addition ...
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NewsCathay Pacific joins Pharma.Aero
Cathay Pacific Cargo B747FHong Kong-based Cathay Pacific has joined the cross-industry Pharma.Aero initiative, which aims to achieve excellence in the transportation and handling of pharmaceutical products.The carrier has held IATA CEIV Pharma certification since October 2017. According to Cathay Pacific general manager cargo commercial Nelson Chin: “As Hong Kong’s home ...
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Strong cargo performance as Cathay Pacific returns to profit
Cathay Pacific saw increased capacity, yield and load factors in cargo as it benefitted from robust demand in 2018. It says the 14.7% (to HK$2.03) increase in yield compared to 2017 reflected a rise in high-value specialist cargo shipments and higher fuel surcharges.Cargo capacity of Cathay Pacific and Cathay Dragon ...
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Cathay Pacific confirms takeover talks for Hong Kong Express from HNA Group
Cathay Pacific Airways has confirmed that it is "in active discussions" about an acquisition involving the low cost carrier Hong Kong Express Airways (HKE) from HNA Group, the Chinese conglomerate.The Hong Kong-base passenger and freighter airline issued a short statement after media reports suggested that Cathay Pacific was in discussions ...
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Cathay keeping its eye on growth after a soft start to 2019
Cathay Pacific Cargo saw a softer start to 2019 after a record-breaking 2018 but is seeing market demand "picking up gradually" after the Chinese New Year.Frank Yau, head of cargo sales at the Hong Kong-based carrier, writing in the Cargo Clan magazine, also announced the introduction from March of "a ...
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Asia Pacific carriers report weak January for international cargo
International air cargo markets weakened further in January 2019, with Asia Pacific airlines seeing demand fall 3.8% year on year in freight tonne kilometres (FTK).Releasing its preliminary traffic figures for the month, the Association of Asia Pacific Airlines (AAPA) said that the decline in airfreight was due to “global new ...
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Cathay Pacific suffers decline in January’s cargo
Cathay Pacific Group saw its cargo volumes fall in January compared to the same month of 2018.Cathay Pacific and sister carrier Cathay Dragon carried a total of 166,735 tonnes of cargo and mail last month, a fall of 3.4% year on year.Capacity, as measured in available freight tonne-kilometres, increased by ...
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Cathay confident on e-commerce and economic trends
Cathay Pacific Cargo expects a quarter of all global retail sales to be from e-commerce "within the next few years" and remains “confident” about the medium and long term world economic trends.Ronald Lam, the Hong Kong-based airline’s director, commercial and cargo, made his comments on e-commerce, economic trends, specialist products ...
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Asian Cargo Monthly: Busy 2018 tempered by slower end to the year
Asian airlines saw their cargo traffic increase in 2018 despite a tough end of the year for many of the region’s largest carriers.The Cathay Pacific Group continued to see its air cargo traffic improve in 2018 as demand was up by 4.2% year on year to 12.1bn revenue freight tonne ...