Group attributable profit surged 75.5% year-over-year to HK$6.2bn on 25.3% higher revenue, driven by record passenger and cargo volumes, network expansion, and premium focus. Strong liquidity, major share buy-back, and first HKD bond issuance further strengthened the balance sheet.Original document…
First half 2026 saw record revenue and profit growth, driven by strong passenger and cargo demand, effective cost management, and strategic investments. Outlook remains cautiously optimistic, with risks from fuel prices and geopolitical tensions, but robust demand and expansion plans support contin…
Cathay Pacific Airways (CPCAY), a Hong Kong carrier, has projected a sharp rise in first-half profit as strong passenger and cargo demand helped offset pressure from higher oil prices linked to the Iran conflict. The company expects net income of between HK$6 billion ($765 million) and HK$6.5 billi…
Shares of Air China Ltd. (AICAF), China Eastern Airlines Corp. (CHEAF), and China Southern Airlines Co. (CHKIF), three of China's major airlines, have each fallen at least 42% so far in 2026 as weaker domestic travel demand continues to pressure their profit outlooks. Cathay Pacific Airways Ltd., a…
By Julie Zhu and Christine ChenAsian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are seeing those advantages erode as Gulf carriers restore flights and offer lower ticket prices, industry data shows.The shift has been gradual, but…
By Julie Zhu and Christine ChenAsian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are seeing those advantages erode as Gulf carriers restore flights and offer lower ticket prices, industry data shows.The shift has been gradual, but…
