The Cathay Pacific Group has reported an attributable profit of HK$1,972 million (US$254.4 million) for the first six months of 2015. This is nearly a six-fold jump from the HK$347 million profit in the first half of 2014. Revenue for the period decreased by 0.9 per cent to HK$50,388 million. The Group’s performance in the first six months of 2015 was considerably better than in the same period in 2014, Cathay noted citing higher load factors in the Group’s passenger business as a key reason. … [Read more...] about Cathay Pacific sees six-fold rise in 1H net profit
000th A330 to Cathay Pacific
Surging Chicago cargo fills Virgin bellies
Virgin Atlantic Cargo recorded a record month for tonnage from Chicago in June, boosting its monthly average volume on the route by over 30 per cent to more than 860 tonnes. The airline’s year-round Chicago business generates cargo shipments for across its global route network. The UK is the top destination, accounting for 53 per cent, while a further 29 per cent of freight originating in Chicago connects over London to India. Virgin Atlantic also carries cargo from Chicago to Australia, … [Read more...] about Surging Chicago cargo fills Virgin bellies
