Cathay Cargo carried 11.8% more cargo in February 2025 than in February 2024. Available Freight Tonne Kilometres (AFTKs) increased by 3.5% while load factor decreased by 1.4 percentage points year on year. In the first two months of 2025, the total tonnage increased by 12.8% compared with the same period for 2024.
“Demand from our Hong Kong hub and the wider Greater Bay Area market started slowly due to the Lunar New Year holiday but picked up towards the end of February. We observed continued growth in our Cathay Secure solution, driven by increased shipments of electronics from the Chinese Mainland and Southeast Asia. We were also proud to be the official airline sponsor of the Longines Hong Kong International Horse Show, transporting around 70 of the world’s finest sports horses from Liège and London to Hong Kong, showcasing our expertise and care in transporting live animals.
“For March, we expect market demand to pick up as we ramp up our scheduled freighter frequencies to prepare for the quarter end. We are also keeping a close watch on the volatility of the cargo market, and will leverage our built-in flexibility to adjust our network and capacity to capture demand changes,” said a senior airline official.