Cathay and Air China post strong April cargo results

9.2% y-o-y growth in cargo traffic kept Air China Cargo’s fifteen freighters busy in April.

When we looked at the April results from big cargo carriers, airports, and handlers last week, our sense was that while year-over-year growth in demand for air freight would probably be a little higher than the 1.7% IATA reported for March, it would not be by much.

This week brings reports from two big Chinese carriers – Cathay Pacific and Air China – and the news is surprisingly good.

Of course, good results for two carriers will not make a huge change in worldwide demand growth, but it does make the overall April results picture a little brighter.

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