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CATHAY PACIFIC GROUP RELEASES COMBINED TRAFFIC FIGURES FOR MAY 2018

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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Cathay Pacific Group today released combined Cathay Pacific and Cathay Dragon traffic figures for May 2018 that show a slight drop in the number of passengers carried and an increase in cargo and mail uplifted compared to the same month in 2017.

Cathay Pacific and Cathay Dragon carried a total of 2,827,634 passengers last month – a drop of 0.8% compared to May 2017. The passenger load factor decreased 2.2 percentage points to 82%, while capacity, measured in available seat kilometres (ASKs), increased by 2.9%. In the first five months of 2018, the number of passenger carried grew by 1.4% while capacity increased by 3%.

The two airlines carried 175,074 tonnes of cargo and mail last month, an increase of 8.2% compared to the same month last year. The cargo and mail load factor rose by 2.3 percentage points to 68.6%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 3.8% while cargo and mail revenue freight tonne kilometres (RFTKs) increased by 7.4%. In the first five months of 2018, the tonnage rose by 7.9% against a 4.5% increase in capacity and a 7.7% increase in RFTKs.

Cathay Pacific Director Commercial and Cargo Ronald Lam said: “May is traditionally a relatively slack month for leisure travel. Our overall passenger volume growth was therefore slightly slower than capacity increases.  However, we saw good growth in overall yield, mainly driven by healthy business travel demand and favourable currency trends. Read more

Cathay Pacific enters into leasing partnership with Sonoco

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Cathay Pacific Cargo and Sonoco ThermoSafe, a leading global provider of temperature assurance packaging, today announced a partnership agreement for the leasing of the PharmaPort 360 temperature-controlled bulk shipping container.

 

The agreement enables pharmaceutical shippers to lease PharmaPort 360 containers directly from Cathay Pacific Cargo, the first Hong Kong airline to be awarded IATA CEIV Pharma Certification, boosting the carrier’s Pharma LIFT capabilities and providing its customers worldwide with a leading hybrid option for moving time-sensitive, high-value medications by air. Read more

Cathay Pacific and va-Q-tec sign Global Rental Agreement

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Cathay Pacific Cargo today announced a new partnership with va-Q-tec, a leading provider of thermal packaging solutions for temperature controlled transportation. va-Q-tec’s advanced passive thermal containers, which are designed to maintain a constant temperature during transportation for more than five days, will be a strong addition to Cathay Pacific Cargo’s Pharma LIFT portfolio by providing its global customers with an excellent solution for moving life-saving pharmaceuticals by air freight. Read more