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Cathay Pacific July Cargo Falls 10.5 Pct

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Cathay Pacific Airways said on Tuesday that its July freight traffic fell 10.5 percent on weak air cargo market demand.

Hong Kong-based Cathay said passenger throughput fell by 0.7 percent because of a severe tropical storm which hit operations towards the end of July.

Passenger load factor was down 5 percentage points at 81.1 percent.

(Reuters)

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