Cathay Pacific Freight Traffic Down 10.7% In May
Cathay Pacific Airways Ltd (OTC: CPCAY) reported a 10.7% drop in its freight traffic in May.
The number of passengers carried climbed 6.8% y/y. The airline carried 123,403 tons of mail and cargo in May, a decline of 5.9 percentage points. It carried a combined 2.36 million passengers, an increase of 0.2 percentage point on year.
Cathay Pacific shares closed at $7.71 yesterday.
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