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CATHAY PAC AIR to Closely Monitor Mkt Conditions Regarding US-CN Tariffs, Flexibly Adjust Cargo Capacity
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April was a good month for the group's travel business, Lavinia Lau, Chief Customer and Commercial Officer at CATHAY PAC AIR (00293.HK), said. The various holidays in Hong Kong, the Chinese Mainland and elsewhere in Asia helped drive strong leisure travel demand. On the cargo front, Lau added that the latest announcements regarding the tariffs between China and the US provide some reassurance to the market in the near term. The group will continue to closely monitor the market conditions and leverage its built-in flexibility to adjust freighter capacity. AASTOCKS Financial News Website: www.aastocks.com |
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