Cathay Pacific Cargo

Cathay Pacific places order for 6 Airbus A350 freighters

Cathay Pacific Airways announced Friday it has placed an order for six Airbus A350 freighter aircraft, providing the aerospace manufacturer a boost after a quiet year for purchases of cargo jets and getting the better of Boeing.

Airbus will begin deliveries of the large, long-haul freighter to Cathay Cargo in 2027. Hong Kong-based Cathay Pacific has options for 20 additional aircraft.

Cathay Pacific’s freighter fleet is still relatively young and executives have previously said additional...

https://www.freightwaves.com/news/cathay-pacific-places-order-for-6-airbus-a350-freighters

Cathay Pacific restarts limited cargo service after COVID pause

A white jumbo jet with teal colored tail and Cathay Pacific Cargo lettering.

Cathay Pacific will partially resume long-haul cargo service on Friday following a week-long suspension tied to Hong Kong’s more aggressive quarantine measures for cockpit crews and operate at about a fifth of its pre-pandemic cargo capacity for the month of January, FreightWaves has learned.

The combination airline last week grounded freighters serving the Middle East, Europe, North America and Southwest Pacific after health authorities increased the quarantine period for Hong Kong-domiciled...

https://www.freightwaves.com/news/cathay-pacific-restarts-limited-cargo-service-after-covid-pause

Cathay Pacific suspends cargo flights as Hong Kong tightens COVID rules

A white Cathay Pacific 747 jumbo jet with green tail turns on the runway.

Cathay Pacific has suspended all long-haul freighter and cargo-only passenger flights for a week after Hong Kong authorities extended the quarantine period for arriving air cargo crews from three to seven days, the airline confirmed.

The decision is another gut punch to an airline reeling from a massive contraction in passenger business because of strict COVID-19 measures in the semi-autonomous city and represents a loss of significant cargo capacity for shippers faced with tight supply...

https://www.freightwaves.com/news/cathay-pacific-suspends-cargo-flights-as-hong-kong-tightens-covid-rules

Airfreight volumes, pricing strengthen into 2021

A white jumbo jet begins to move down runway with parked planes in the background.

The air cargo market ended 2020 on a high note, picking up steam again in December and setting the stage for a potential full recovery to pre-pandemic levels in the first quarter of 2021 with little sign there will be a normal seasonal falloff, according to the latest industry data.

Global airfreight volumes rose 2.5% in December on a sequential basis, with the gap in year-over-over demand narrowing to minus 5% compared to the 37% contraction at the height of the global economic shutdown in...

https://s29755.pcdn.co/news/airfreight-volumes-pricing-strengthen-into-2021

Cathay Pacific shutdown of Dragon brand cuts intra-Asia cargo capacity

A big white jet with red tail on clear day at high altitude with ground below.

Cathay Dragon flights with cargo-only passenger aircraft ended with the regional carrier’s shutdown Wednesday, leaving shippers with fewer options during the peak freight season.

Hong Kong-based Cathay Pacific Group (OTCUS: CPCAY) said it was immediately merging the Dragon brand into two other airline subsidiaries as part of a sweeping restructuring that will see the elimination of 8,500 positions and other downsizing measures precipitated by a steep fall in passenger business due to the...

https://s29755.pcdn.co/news/cathay-pacific-shutdown-of-dragon-brand-cuts-intra-asia-cargo-capacity

Midsize forwarder makes big charter commitment to Pittsburgh airport (with video)

Workers in orange safety vests lift boxes of cargo up stairs of plane into back door of cabin. Cathay Pacific took out the seats for more cargo.

Unique Logistics is launching a flurry of air cargo charters from Southeast Asia to the U.S. for the peak shipping season, in the process testing the viability of Pittsburgh International Airport (PIT) as a more efficient gateway for reaching consumers across large swaths of the East Coast and Midwest.

On Monday morning a Cathay Pacific passenger-freighter rented by Unique landed in Pittsburgh with consumer goods, the first of 20 flights scheduled over the next 12 weeks on Boeing 777-300...

https://www.freightwaves.com/news/midsize-forwarder-makes-big-charter-commitment-to-pittsburgh-airport-with-video

Cathay Pacific renews emphasis on cargo with leadership changes

A white Cathay Pacific jumbo jet gets ready to takeoff. Cathay Pacific is bolstering its cargo team with new additions.

Cathay Pacific, the fifth largest cargo airline in the world in terms of shipment volume, is reshuffling its cargo team as it looks to capture more business during a period of anemic passenger travel because of the coronavirus pandemic.

The Hong Kong airline is running its freighter fleet full tilt and throwing idle passenger aircraft into cargo service as mini-freighters, but the leadership change is designed to improve customer service.

The company has reestablished a dedicated director of...

https://s29755.pcdn.co/news/cathay-pacific-renews-emphasis-on-cargo-with-leadership-changes

Cathay Pacific strips seats from 777 aircraft for cargo

A Cathay Pacific widebody jet, up close side view. Cathay Pacific is removing seats from a couple planes to increase cargo capacity.

After operating thousands of cargo-only passenger flights since late March, Cathay Pacific  has deployed two widebody aircraft with seats removed to maximize floor loading of cargo in the passenger cabin.

The Hong Kong-based airline removed the economy and premium economy seats from two Boeing 777 passenger planes to create more space for personal protection equipment and high-value products, it said in a cargo-oriented newsletter published Friday.

Cathay Pacific began flying the modified...

https://s29755.pcdn.co/news/cathay-pacific-strips-seats-from-777-aircraft-for-cargo

Cathay Pacific sending planes to Australia for storage during pandemic

Staring straight ahead at a big white jet. from the front. Cathay Pacific is storing planes in sunny climates.

Cathay Pacific Airways (OTCUS: CPCAY) is sending part of its fleet overseas to ride out the coronavirus pandemic in drier locations where weather conditions are more forgiving than in humid Hong Kong.

About one-third of Cathay Pacific and Cathay Dragon aircraft will be sent to locations with drier conditions in the coming months to help keep them in optimal condition, Ronald Lam, chief customer and commercial officer, said in the August edition of the company’s cargo newsletter.

Cathay Dragon is...

https://s29755.pcdn.co/news/cathay-pacific-sending-planes-to-australia-for-storage-during-pandemic

Cathay Pacific, Austrian Airlines recapitalize with state help

A big white jet heading away lifts nose off runway

Cathay Pacific, a major Asian airline that also operates a large fleet of dedicated freight aircraft, and Austrian Airlines are recapitalizing with the assistance of home governments, the latest in a string of airlines receiving outside assistance to keep operating until travel demand rebounds.

Cathay Pacific (OTCUS: CPCAY) said Tuesday it will issue warrants giving the government of Hong Kong the right to purchase HK$19.5 billion ($2.5 billion) worth of stock and that it received a HK$7.8...

https://www.freightwaves.com/news/cathay-pacific-austrian-airlines-recapitalize-with-state-help