Monday, July 18, 2022

Cathay Pacific June 2022 figures indicate 4.4% drop in cargo carried

In its recently released June 2022 traffic figures, Cathay Pacific carried 104,559 tonnes of cargo last month, a decrease of 4.4% compared to June 2021, and a 36.2% decrease compared with the same period in 2019.



The month’s cargo revenue tonne kilometres (RFTKs) decreased 14.6% year-on-year, and were down 39.1% compared to June 2019. The cargo load factor decreased by 12.1 percentage points to 68.4%, while capacity, measured in available cargo tonne kilometres (AFTKs), was up by 0.5% year-on-year, but was down by 44.1% versus June 2019. In the first six months of 2022, the tonnage decreased by 4.3% against a 31% drop in capacity and a 35.7% decrease in RFTKs, as compared to the same period for 2021.

Chief Customer and Commercial Officer Ronald Lam said, “For cargo, we resumed our full freighter schedule in June with increased flights to the Americas and Europe. This was complemented by the belly capacity provided by our increased passenger flights as well as more than 600 pairs of regional cargo-only passenger flights. In total, we operated about 56% of our pre-pandemic cargo flight capacity last month.

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