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Cathay Pacific July Cargo Falls 10.5 Pct

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flyvertosset Posted: Thu, Aug 23 2012 6:13 AM

Cathay Pacific Airways said on Tuesday that its July freight traffic fell 10.5 percent on weak air cargo market demand.

Hong Kong-based Cathay said passenger throughput fell by 0.7 percent because of a severe tropical storm which hit operations towards the end of July.

Passenger load factor was down 5 percentage points at 81.1 percent.

Source: Reuters

Gravity always wins!

 
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