Cathay Pacific Group’s cargo revenue, traffic, volumes decline during H1

In its interim results for 2019, Hong Kong-based Cathay Pacific Group reported that cargo revenue and volumes declined year-over-year during the first half of 2019 for Cathay Pacific and Cathay Dragon. The company said its cargo declines reflect “weaker global trade brought about in part by U.S.-China trade tensions.” Cargo revenue for the first half […]
  • Caryn Livingston
  • August 7, 2019

DB Schenker parent reports jump in net financial debt, capex for 1H19

Today, DB Schenker parent, Deutsche Bahn AG, released its preliminary figures for the first half of 2019 that showed a large increase in net financial debt and capital expenditures, and mixed results among its subsidiaries, DB Schenker and DB Cargo.  DB’s net financial debt rose to US$18.3 billion (€25.4 billion) as of June 30, 2019, up […]
  • Chelsea Toczauer
  • July 25, 2019