Cathay Pacific Freight Traffic Down 10.7% In May


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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.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsFreight Traffic