Jet fuel fears recede, but air cargo settles into a higher-cost era
The air freight market appears to be moving out of its acute crisis phase, with ...
ID 2928848
© Francisco Leitão
| Dreamstime.com
In a nutshell: Hong Kong’s flag carrier is shipping more freight than ever, but the Middle East fuel crisis is steadily hollowing out the network it needs to do it.
Cathay Cargo finds itself in the most awkward position in air freight: business is excellent, and the outlook is terrible.
As recently disclosed, March tonnage was up 11% year-on-year, available freight ton kilometers rose 2%, and first-quarter volumes climbed 8% against 2025. Specialist products, Cathay Priority, Cathay Expert, Cathay ...
Comment on this article