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Air Freight

Volumes reach new heights as demand surges

04 Jun 2024 - by Liesl Venter
 Source: Aviation Business News
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Airlines have seen a consistent increase in cargo tonnage throughout 2024 as demand for airfreight grows.

According to figures released by Cathay Pacific, the airline carried 134 551 tonnes of cargo in March this year, an increase of 10.5% compared with the same period in 2023.

April was also a good month, with the airline carrying 117 428 tonnes of cargo, an increase of 7.4% compared to April last year.

In May, the Emirates Group announced it had hit record profit, revenue and cash balance levels.

The carrier said it had carried 2.2 million tonnes of goods around the world in 2023-24, up 18% from the previous year, as increased passenger operations expanded available cargo capacity, and the leasing of three 747 freighters during the year unlocked immediate capacity to serve demand on busy routes.

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