Cathay Cargo carried 13.6% more cargo in April 2025 than in April 2024. Available Freight Tonne Kilometres (AFTKs) increased by 8.9% while load factor decreased by 1.1 percentage points year on year. In the first four months of 2025, the total tonnage increased by 12.4% compared with the same period for 2024.

Chief Customer and Commercial Officer Lavinia Lau said: “Tonnage in April was 10.4% lower than in March, primarily due to the traditional first quarter-end peak in March and the various holiday periods in April. However, our specialist solutions maintained their growth momentum and we saw increased demand for our Cathay Priority solution on the Asia Pacific-United States trade lane ahead of the implementation of trade tariffs. Demand for our Cathay Expert solution continued to grow, supported by robust exports of semiconductor machinery from North Asia as well as ad hoc demand out of Europe to Hong Kong.

“Turning to May, we have seen steady replacement cargo from other parts of our network including Southeast Asia during the first half of the month amidst reduced demand from Hong Kong and the Chinese Mainland. We will continue to closely monitor the ongoing developments in the second half.”