The traditional cargo peak season continued in October, with tonnage 7% higher than the previous month and 14% above October last year. Our cargo business continued to perform well despite various seasonal holidays. This momentum was driven not only by demand from Hong Kong and the Chinese Mainland, but also from our broader network, particularly the Americas.
While general cargo demand continued to grow during this period, we also noted an increase in shipments through our Cathay Expert services due to machinery movements out of Northeast Asia. Demand for Cathay Priority also maintained its upward trend, reflecting a stronger need from shippers to replenish inventory ahead of the upcoming festivals and year- end sales events.
