News / Customers wary of contract commitment, says Cathay Cargo

© Ryan Fletcher

Cathay Cargo has revealed that customers are nervous and afraid to commit to long blocked space agreements (BSA), although its first round of contract talks saw volume commitments increase.

“The onset of summer means that we are looking ahead to the second half of the year,” said Chris Bowden, head of cargo global partnerships, in a costumer newsletter yesterday.

“The summer freighter network is confirmed and we have negotiated our way through the annual block space agreements (BSAs). The contracts reflect continuing uncertainty in ...