News / Lack of air capacity out of HK and Shanghai sparks peak season concerns

With regular airfreight capacity from China and Hong Kong still “missing” because of Covid restrictions, the industry is turning to charters to get through peak season.

Cathay Pacific released its August traffic figures yesterday, revealing a 9% month-over-month bump for cargo, but volumes were still only 66% of August 2019 levels.

Chief commercial officer Ronald Lam said: “While August is traditionally a quieter month for cargo due to the summer holiday period in the Northern Hemisphere, this was not the case this ...