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CPCAY / Cathay Pacific cargo traffic shrinks 25% in October

Cathay Pacific cargo traffic shrinks 25% in October
Cargo volumes at Cathay Pacific in October continued a pattern of double-digit contraction as strict China COVID policies hamper flight operations and the traditional fall surge in airfreight activity ahead of the holidays failed to materialize. Hong Kong-based Cathay Pacific, a major combination carrier with a fleet of 20 Boeing 747 freighters, has tumbled from the fifth- to the ninth-largest cargo carrier in the world in the past year, according to the International Air Transport Association. Read More
Posted: Nov 23 2022, 17:08
Author Name: FreightWaves
Views: 111420

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