Leading SE Asian cargo carrier was reported in another leading industry site -
Cathay Pacific (CX,
Hong Kong Int'l) is planning to end "many" of its cargo-only flights operated with passenger aircraft as the surge in demand and yields on the cargo market, driven by the
demand for personal protective equipment and the drop in capacity, is coming to an end, the South China Morning Post has reported.
"
Cargo has been tapering off, and as a result,
there will be many cancellations of cargo-only passenger aircraft flights, as the commercial decisions are made closer to the time of the flight," the carrier said in an internal memo.
In a follow-up statement, the airline clarified that it
planned to continue operating its fleet of dedicated freighters at high utilisation rates mainly to the USA Frankfurt and Amsterdam. But, it would gradually wean off using passenger aircraft for cargo-only services.
Cathay Pacific is also re-evaluating its earlier plan to convert four passenger B777 aircraft into makeshift freighters. Under the current circumstances, the airline is likely to only convert two jets. Such a conversion is a more permanent step than the straightforward deployment of passenger aircraft on cargo-only flights but with their cabins intact.
The fall in demand for air cargo, caused by the
gradual resumption of passenger flights with the associated bellyhold capacity, development of alternative means of transportation, and
lower demand for medical supplies, has caused average air freight rates to halve during the last month.
Pertinent points highlighted by me and i am sure Spans would agree with much of the above
And this is also the case down at Slough, Windsor , Hounslow and Spelthorne cargo flights are declining as more passenger flights come back on line cepting USA/Canada where brutal organic blob travel restrictions remain.
Caveat unless your name rhymes Rigel Mariage !