Bet­ter March, Weak Feb’16

Cargo Talk - - Express -

The two air­lines (Cathay Pa­cific and Drag­o­nair) car­ried 1,57,006 tonnes of cargo and mail in March, a drop of 0.4 per cent com­pared to the same month last year. The cargo and mail load fac­tor fell by 5.4 per­cent­age points to 63.0 per cent. Ca­pac­ity, mea­sured in avail­able cargo/mail tonne kilo­me­tres, in­creased by 4.1 per cent while cargo and mail rev­enue tonne kilo­me­tres (RTKs) fell by 4.1 per cent. In the first quar­ter of the year, the ton­nage car­ried fell by 3.1 per cent against a 2.6 per cent in­crease in ca­pac­ity and a 4.8 per cent drop in RTKs.

Mark Sutch, Gen­eral Man­ager - Cargo Sales & Mar­ket­ing, Cathay Pa­cific, said, “Fol­low­ing a gen­er­ally weak Fe­bru­ary, there was im­prove­ment in air freight de­mand in March. This was helped by the ship­ment of new con­sumer IT prod­ucts out of the ma­jor man­u­fac­tur­ing cities of Western China. There was a pickup in traf­fic on key transpa­cific routes and we mounted a num­ber of ad­di­tional flights into In­dia in re­sponse to con­tin­ued ro­bust de­mand. Over­all, how­ever, the air cargo mar­kets re­main soft and yield re­mains un­der pres­sure in what is a highly com­pet­i­tive en­vi­ron­ment.”

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