Cathay and Cargolux indefinitely postpone Middle East freighter restarts, pinching capacity

Summary

Cathay Cargo has postponed its planned Riyadh freighter relaunch (originally Aug 1) indefinitely, joining Cargolux, which has held its Dubai World Central restart 'until further notice.' Services to Kuwait, Dammam, Bahrain, Riyadh and Doha remain suspended. Although Middle East-Europe capacity was about 10% higher in early July versus late June, the hold removes a key Gulf bridge for Asia-Europe-Africa cargo.