NewsCathay Cargo bullish on demand, despite 2023 earnings collapse

March 13, 2024by 0

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 …

The post Cathay Cargo bullish on demand, despite 2023 earnings collapse appeared first on The Loadstar.

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Reinventing Supply Chain. One Control Tower at a Time.
/wp-content/uploads/2021/02/logo-1.png

Talk to Us

+52 55 9454 4097

+502 2315 4251

+1 33 2275 7104

talktous@mtmlogix.com

MTM Logix, 2022 © All Rights Reserved

Generated by Feedzy