Airline

Cathay predicts cargo slowdown into H2 2012

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Cathay predicts cargo slowdown into H2 2012

Cathay Pacific Airways, which earns 30% of revenue from its cargo business, has warned the slowdown in air freight may continue into the second half of the year. The passenger and cargo carrier reported a 10th consecutive decline in monthly volumes. Chief Executive Officer John Slosar said he wasn...

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