News / Cathay Pacific November volumes dip, but better days are on the radar

Cathay Pacific suffered a large decline in cargo volumes last month, but there are signs of an uptick for airfreight this month.

The Hong Kong-based carrier said it carried 103,092 tonnes of cargo in November, a 23.8% decline year on year and 42.1% lower than the same period in 2019. January-November volumes were down 12.6% year on year, Cathay added.

Chief commercial officer Ronald Lam said: “Demand remained flat compared with the previous month, despite it being the start of the traditional ...