Cathay Pacific limps through Q1 with 20% cargo capacity

A white jumbo jet with teal tail and Cathay Pacific Cargo lettering lifts off from runway.

Cathay Pacific carried fewer than 25,000 passengers in January, a 99.2% decline from three years ago, and cargo volume is down to 21% of pre-COVID levels, according to monthly traffic figures released Thursday that illustrate the devastating impact of Hong Kong’s restrictive reaction to the omicron variant. 

With its large freighter fleet and extensive long-haul passenger network, Cathay has traditionally been one of the crown jewels in air cargo. It was the third-largest carrier by amount of...

https://www.freightwaves.com/news/cathay-pacific-limps-through-q1-with-20-cargo-capacity

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