Cathay Pacific Cargo will resume carrying lithium battery shipments on its freighters from 1 May as it introduces a Fire Containment Bag (FCIB) solution to guard against dangerous lithium battery fires.
Commenting after Cathay Pacific Cargo’s annual Cargo Business Update in Hong Kong, Jeanette Mao, head of Cargo Global Partnerships says the carrier will resume shipments using the containment bag solution and “more solutions are under development that will cater to lithium battery shipments of various sizes.”
During the event, Nelson Chin, GM Cargo Commercial for Cathay Pacific also says its long-term commitment to becoming “the most customer-centric air cargo service provider,” will get a boost through a sharper focus on time-, temperature- and handling-sensitive shipments which includes new technology such as next-generation track and trace.
Chin adds that delivering operational excellence, “ensuring that we stay ahead of the game and the quality of the shipment is the same across the entire journey,” will also be a key focus going forward. The carrier says it will also make greater use of data to inform and improve how it serves its customers.
Further digitisation efforts will also see a more intuitive booking process, through to its ongoing efforts to eliminate paperwork from the industry.
Ronald Lam, director Commercial and Cargo also gave a nod to the support of Cathay’s customers in what was a record-breaking year for the Hong Kong carrier. He notes that cargo helped turn around two years of consecutive financial losses for the airline, saying: “Last year’s success was very important. We showed that we’re coming back, and cargo made a huge contribution to that.”
He adds: “It was a record year for our business in terms of tonnage and revenue. I would like to thank all of you for working with us and being our top customers.”
Looking at this year, Chin highlights the optimism in the industry, despite a comparative fall in volumes and revenue in the first quarter of the year.
Nelson points to what he says is a “sense of an upturn, backed up by long-term indicators from the International Monetary Fund that point to four per cent growth in global trade in 2019, and a sudden jump in the PMI (Purchase Managers’ Index), along with consistent growth in e-commerce.”