Cathay Pacific anticipates fierce cargo competition this summer

Over the summer, Cathay Pacific anticipates a more competitive air cargo market and will increase the number of freighter flights it operates to North America. Lavinia Lau, the company's chief customer and commercial officer, announced that additional freighter flights to Toronto and Miami would be added over the summer. She noted that while the summer months are typically slower, no significant increase in demand is anticipated until the third quarter's end. "As overall cargo demand falls short...

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