Cathay Pacific April Cargo Down But Pax Up

May 16, 2012

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Cathay Pacific Airways said on Wednesday that its April freight traffic fell 11 percent from a year earlier as the general air cargo market stayed soft, but passenger numbers grew helped by additional flights in the region.

The combined performance of Cathay and its Dragonair unit saw its cargo and mail tonnage fall to 124,531 tonnes.

Passenger numbers grew by 11.7 percent to 2.52 million taking the load factor to 83.1 percent – up 2.8 percent.

(Reuters)