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. 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. Overall, tonnage increased by more than 13% month on month but was below the levels of June last year. "We expect that the anticipated capacity increases will continue to have a positive impact on our monthly operating cash burn, such that we are targeting to be operating cash generative going forward.

Source: The North Africa Journal July 18, 2022 17:05 UTC