Ecommerce and electronics traffic give Cathay Cargo results a lift
Cathay Cargo’s 2024 results were boosted by ecommerce and electronics, giving it a 11% hike ...
It all seems to be pretty messy at the moment, in Hong Kong’s aviation sector. The latest news is that Cathay Pacific is holding off on its first $153m payment for Hong Kong Express, over concerns about the ownership of three 747 freighters. Cathay had, reportedly, told the carrier to get rid of the freighters which were bought under “legally dubious circumstances”, reported CH Aviation. While Hong Kong Express owns them, one is operated by Turkey’s AirACT on behalf of Saudia Cargo, and another is ...
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News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama
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