Travel demand stayed flat to none as the Airport Authority Hong Kong's latest traffic figures for Hong Kong International Airport (HKIA) recorded a whopping 98.6 percent and 72.0 percent drop year on year for the month of August. Cargo volume in August remained steady at 374,000 tonnes, sliding 3.5 percent from last year, whilst freighter flights saw 21.5 percent uptick to 5,960, up from the same period of last year’s 4,906. Cargo trans-shipments slowed down due to shortage of belly … [Read more...] about HKIA: Cargo steady in August as passenger demand stays flat
cargo
Cathay Pacific’s cargo volume jumps 10 percent on month in July
Cathay Pacific Group’s cargo operations continued to outperform passenger traffic in July as cargo and mail tonnage for the airline and its Cathay Dragon subsidiary climbed 10 percent over the previous month to 102,129 tonnes, a press release confirmed. However, this reflects a 39.8 percent drop compared to the same period last year, no thanks to significant reduction in belly capacity due to pulled back passenger flights. July’s revenue freight tonne kilometres (RFTKs) fell 33.3 percent … [Read more...] about Cathay Pacific’s cargo volume jumps 10 percent on month in July
Cathay Pacific takes net loss as carrier’s focus pivots to cargo
Cathay Pacific Group reported HK$9.9 billion (US$1.3 billion) in net loss for the first six months as the carrier felt the impact of Covid-19, with group chairman Patrick Healy describing the half-year period as the most challenging in its 70-year history. Net loss from Cathay Pacific and its Cathay Dragon unit amounted to HK$7.36 billion (US$950 million) in the first half, and the share of losses from other subsidiaries and associates was at HK$2.5 billion (US$320 million). Only … [Read more...] about Cathay Pacific takes net loss as carrier’s focus pivots to cargo
LATAM rolls out Miami-Florianopolis cargo route
LATAM Cargo has started cargo-only flights from Miami to Florianopolis airport in southern Brazil, which will initially service once a week, a press release confirmed. South America’s largest airline said it has the only direct route to Santa Catarina, which relies heavily on automotive, metallurgical, food, pharmaceutical and electronic imports. Flights to Florianopolis airport will be carried out in B767F aircraft with a 53-tonne capacity, bringing cargo from North America, Europe and … [Read more...] about LATAM rolls out Miami-Florianopolis cargo route
IATA appoints new SVP for financial and digital services
The International Air Transport Association (IATA) has appointed Muhammad Albakri, IATA’s regional vice president for Africa and the Middle East, as senior vice president for customer, financial and digital services (CFDS) effective 1 March 2021, a press release confirmed. Stepping down to make way is Aleks Popovich, IATA’s first cargo head, who will retire after 16 years. Albakri, who will be based in Geneva, joined IATA in January 2017 after more than a decade with Saudi Arabian Airlines … [Read more...] about IATA appoints new SVP for financial and digital services
Qatar Airways resumes Helsinki flights, adds 1,400 tonnes of weekly cargo capacity
Qatar Airways will resume three weekly flights to Helsinki on 29 July, to operate 22 weekly flights to the Nordic region, with daily flights to Oslo and Stockholm and five weekly flights to Copenhagen, the airline said in a press release. With the resumption of passenger flights to Helsinki, the airline will operate 39 weekly flights to the Nordic region, providing more than 1,400 tonnes of weekly cargo capacity each way. The airline mentioned that its logistics arm Qatar Airways Cargo … [Read more...] about Qatar Airways resumes Helsinki flights, adds 1,400 tonnes of weekly cargo capacity
