News / Cathay Pacific maintains full freighter schedule, despite falling volumes

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Cathay Pacific Group suffered a “drastic” reduction in cargo volumes last month.

And a drop in volumes and rates ex-Hong Kong could be the result of Beijing’s tighter export controls favouring mainland airports.

Cathay Pacific and Cathay Dragon’s March cargo volumes fell 35.6% to 119,277 tonnes, while revenue freight tonne km (RFTKs) fell 29%, year on year, and capacity, in available freight tonne km (AFTKs), was down 37.2%.

Group CCO Ronald Lam said: “While we continue to operate a full freighter schedule, our ...