In 2024, Cathay Pacific rebounded strongly from the Covid pandemic, repaying all government funds and achieving record cargo operations, with November figures showing a 15% year-on-year increase in cargo carried. The airline’s focus on e-commerce, particularly from the Greater Bay Area, significantly boosted demand, especially for perishables and machinery. Cathay is investing over HK$100 billion to enhance customer experience and sustainability, including a commitment to sustainable aviation fuel. The airline has also ordered six A350 freighters to expand its capacity and maintain its status as a leading air cargo hub.
Source: https://www.stattimes.com/air-cargo/scripting-a-spirited-comeback-cathay-cargo-story-1354204