Cathay Pacific said this week it had “finally left Covid behind” last year, and despite the return of belly capacity bringing a cargo earnings collapse, claimed to be upbeat.
Revenue for Cathay Cargo over 2024 dropped 17.9%, year on year, to HK$22.1m (US$2.82m) as the resumption of passenger services brought a 59.7% increase in available tonne km and a drop in revenue per tonne km of 48.5%.
Despite this, at IATA’s World …
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