Cathay Cargo carried 12.2% more cargo in May 2025 than in May 2024. Available Freight Tonne Kilometres (AFTKs) increased by 8% while load factor increased by 0.1 percentage points year on year. In the first five months of 2025, the total tonnage increased by 12.3% compared with the same period for 2024.
A senior official said: “Our cargo business performed well in May, with tonnage 1.8% higher than in April. Despite the ‘Golden Week’ holidays, we saw growth in both the Hong Kong and Chinese Mainland markets, with the temporary reduction in tariffs pending an agreement between China and the United States boosting short-term demand. In addition, our Cathay Live Animal solution experienced robust demand, particularly exports of live seafood from Southeast Asia, and horses from Australia. Turning to June, we expect that the overall market sentiment will remain reasonable and we will continue to maintain a close watch.
“We are also delighted that Cathay Cargo has been named Airline of the Year – Asia at the World Air Cargo Awards 2025 hosted by Air Cargo Week, recognising our commitment to innovation, quality, compliance and operational excellence, and our ongoing efforts to strengthen Hong Kong as a leading global air cargo hub.”