Cathay Pacific and sister airline Dragonair have reported carrying 146,955 tonnes of cargo and mail last month, an increase of 19.7 per cent compared to August 2013. Cargo and mail load factor rose by 3.8 percentage points to 62.5 per cent. Capacity rose by 13.3 per cent while the revenue earned per flown tonne of cargo and mail (RTKs) was up 20.6 per cent. For the year to the end of August, tonnage increased by 11.3 per cent, while capacity rose by 11.4 per cent, and RTKs was up by 14.3 per … [Read more...] about Aug cargo figures up for Cathay, Dragonair
August 2014
IATA airlines financial monitor – August 2014
IATA, the International Air and Transport Association, released the latest airlines financial monitor. Here are the key points: - Worldwide airline share prices rose 3 per cent in August compared to July, slightly ahead of the broader market on further easing in fuel prices; - Initial Q2 financial results show strong gains for US airlines’ performance, but declines in Asia … [Read more...] about IATA airlines financial monitor – August 2014