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Cathay group volumes rise 4.8pc in October to 180,706 tonnes
CATHAY Pacific and Cathay Dragon carried a combined 180,706 tonnes of cargo and mail in October, an increase of 4.8 per cent year on year.
The cargo and mail load factor in October rose by 1.2 percentage points to 69.3 per cent. Capacity measured in available cargo/mail tonne kilometres was up 2.4 per cent while cargo and mail revenue tonne kilometres (RTKs) increased by 4.2 per cent year on year.
In the first 10 months of the year tonnage increased by 10.8 per cent against a 3.1 per cent increase in capacity and an 8.7 per cent increase in RTKs, a statement from Cathay said.
Cathay Pacific director cargo Ronald Lam said: "Our cargo business enjoyed a strong month and we broke our weekly tonnage uplift record during the week ending October 21.
"Stepping into the traditional peak period, demand for new IT products and perishables was robust. We deployed additional freighter capacity on transpacific, India and mainland China routes, while our load factor and yields continued to climb," said Mr Lam.
"October also marked an important milestone for our Pharma LIFT business - along with our wholly-owned subsidiaries Cathay Pacific Services Limited and Hong Kong Airport Services Limited, the airline was awarded CEIV Pharma Certification in recognition of our capability in handling high value and time-sensitive pharmaceutical products," he said.
The cargo and mail load factor in October rose by 1.2 percentage points to 69.3 per cent. Capacity measured in available cargo/mail tonne kilometres was up 2.4 per cent while cargo and mail revenue tonne kilometres (RTKs) increased by 4.2 per cent year on year.
In the first 10 months of the year tonnage increased by 10.8 per cent against a 3.1 per cent increase in capacity and an 8.7 per cent increase in RTKs, a statement from Cathay said.
Cathay Pacific director cargo Ronald Lam said: "Our cargo business enjoyed a strong month and we broke our weekly tonnage uplift record during the week ending October 21.
"Stepping into the traditional peak period, demand for new IT products and perishables was robust. We deployed additional freighter capacity on transpacific, India and mainland China routes, while our load factor and yields continued to climb," said Mr Lam.
"October also marked an important milestone for our Pharma LIFT business - along with our wholly-owned subsidiaries Cathay Pacific Services Limited and Hong Kong Airport Services Limited, the airline was awarded CEIV Pharma Certification in recognition of our capability in handling high value and time-sensitive pharmaceutical products," he said.
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