Cathay Pacific Airways reported cargo and mail tonne kilometres fell by 1.9 per cent in October, while passenger numbers were down 3.9 per cent to two million, but this was still, by far its best month of the year to date. Passenger load factors fell 6.8 percentage points to 82.3 per cent, with a 10.1 per cent capacity reduction This includes the operations of both Cathay and its subsidiary Dragonair. General manager cargo sales and marketing Titus Diu said strong demand from Hong Kong and … [Read more...] about Cathay pacific reports only 1.9% drop in cargo for Oct
cargo volumes
No green shoots for Europe’s carriers
Latest figures from the Association of European Airlines cast doubt on the idea that the industry is seeing green shoots of recovery. Overall cargo traffic for the continent’s carriers was 15.1 percent year on year in August, compared to 16.8 percent in July. Leading carriers also showed no significant improvement. Air France traffic remains 20.4 percent down (-19.5 in July), Lufthansa is 14.1 percent down (-14.9 percent in July), Cargolux 16.5 percent (-17.2 percent in July), and KLM … [Read more...] about No green shoots for Europe’s carriers
JAL sees stability start to return
Japan Airlines delivered another stable month in terms of cargo volumes in August, with volumes down 10.8 per cent year-on-year. That compares with a first-quarter figure to 31 June that was down 10.3 per cent year-on-year and second-quarter volumes down 8 per cent. … [Read more...] about JAL sees stability start to return
UK’s BAA airport group sees slowing decline
UK airports group BAA – which owns London airports Heathrow, Gatwick and Stansted as well as Southampton in Southern England and Glasgow, Edinburgh and Aberdeen in Scotland – said cargo traffic showed a slower rate of decline in July, but was still down 11.7 per cent on the year. Cargo volumes at its airports are down 17 per cent for the first seven months of 2009 compared with a year earlier. Its airports also handled 14.5 million passengers in July, down just 2.4 per … [Read more...] about UK’s BAA airport group sees slowing decline
EUROPE & CIS: European air cargo falls 20.7% in June
European airlines saw their cargo volumes fell 20.7 per cent in June compared to last year, according to the Association of European Airlines (AEA). The association also noted an accelerating decline in European air trade with Asia Far East and Australasia, with traffic falling 24.9 per cent compared to a year ago. Freight traffic for the first six months this year was down 22.1 per cent for the European airlines, including a 27.1 per cent drop in Asia trade compared to the first half of … [Read more...] about EUROPE & CIS: European air cargo falls 20.7% in June
TAIWAN: EVA Air sees cargo revenue plunge 51%
Taiwanese carrier EVA Air saw its cargo revenue plunge 51 per cent in the first half of this year as falling Asian exports sliced the carrier’s freight traffic by nearly a third. EVA, which operates 17 widebody freighters contributing more than 40 per cent of its revenue from cargo, reported US$574 million in cargo revenue in the first six months of 2009. EVA’s freight traffic measured in freight tonne kilometers flown fell 31.6 per cent from the first half of 2008, with … [Read more...] about TAIWAN: EVA Air sees cargo revenue plunge 51%
