Amidst the worst loss in its 70-year history, posting a 2020 net loss of HKD 21.65 billion (USD 2.79 billion), Cathay Pacific Airways eked out some tiny joy from cargo, with revenue up 16.2 per cent. ➤
The first batch of one million Comirnaty COVID-19 vaccines, co-developed by Fosun Pharma and BioNTech, to be supplied to Hong Kong were delivered by Cathay Pacific from Frankfurt on Saturday. ➤
Cathay Pacific Airways and Airlink are partnering in the Americas, giving the organisation and its 130 nonprofit humanitarian relief partners access to Cathay Pacific’s extensive Asia network from its 16 passenger and cargo ports in ➤
Although 2020 closed out with a relatively decent finish for the Cathay Pacific Group, new travel restrictions and quarantine requirements threaten to sap even more cargo capacity from the carrier. ➤
Qatar Airways Cargo and its freight forwarding partners resume flights to Pittsburgh International Airport (PIT) from 4 December. Connecting PIT with Bangladesh (DAC), the carrier will be conducting weekly flights into PIT for the next ➤
The Cathay Pacific Group continues to see cargo vastly outperforming its passenger business in October, with a “buoyant” intra-Asia seeing strong perishables and rising auto-parts. ➤
Cargo demand is ramping up across Cathay Pacific’s network as the sector enters the beginning of the traditional peak season. Tonnage carried improved nearly 7.0 per cent month-on-month in September, although this was still substantially ➤
Releasing its latest traffic figures for August, the Cathay Pacific group faces an inevitable restructuring to protect the company, the Hong Kong (HKG) hub, and its employees, says its chief customer and commercial officer Ronald ➤
On Wednesday the Hong Kong carrier reported an attributable profit of HKD 1.7 billion (US$220 million) for 2019, a 28 per cent drop from the HKD 2.3 billion it made in 2018. Cargo revenue in ➤
Following the temporary suspension of passenger services to Japan following the Coronavirus outbreak, Cathay Pacific says it is considering flying only freight to Japan onboard its passenger aircraft and no passengers. The Hong Kong airline ➤
Copyright @ 2020 | AsiaCargoBuzz.com | All Rights Reserved