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 ...
© Andrew Angelov
The three US mega-airlines – Delta, United and American – expanded their cargo traffic in the second quarter, but they only got a nibble at the rising volumes of ecommerce flowing out of China to their home turf.
The airlines performed well overall in the quarter, with Delta and American posting record revenues, and while all three saw gains in cargo ton-km (CTK), only Delta and United saw growth in freight revenue, whereas American reported a slight decrease.
Delta, which saw adjusted ...
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