Hong Kong flag carrier Cathay Pacific Airways has reported a 71 per cent year-on-year rise in net profit to HK$6.24 billion (US$802 million) for the first six months of 2026, driven by stronger passenger flight and cargo demand. Cathay Group chairman Guy Bradley, who delivered the interim results for the first time since taking up…
Hong Kong flag carrier Cathay Pacific Airways expects its first-half net profit to jump by as much as 75 per cent to HK$6.5 billion (US$829 million) from HK$3.7 billion a year earlier, driven partly by growth in passenger and cargo traffic. The airline said on Wednesday that earnings were also boosted by a one-off gain…
The airline said on Friday that its daily passenger flights to Dubai would be postponed until October 25, while its four weekly services to Riyadh would be delayed to October 26. Earlier this month, the airline said it planned to resume passenger services to the two destinations on September 1, following signs of de-escalation under…
Hong Kong’s major retailers are using aggressive tactics such as direct sourcing and leveraging massive economies of scale to avoid raising prices despite surging logistics costs arising from the war in the Middle East. But their resilience is being seriously tested for certain goods, with a leading cosmetics chain warning that shipping and airfreight costs…
Cathay Pacific Airways’ net profit climbed 9.5 per cent to HK$10.82 billion (US$1.39 billion) in 2025, driven by increased capacity and robust cargo demand, as the Hong Kong flag carrier’s chief warned of disruptions from the ongoing conflict in the Middle East. Cathay Group chairman Patrick Healy said on Wednesday that the results marked the…
Hong Kong’s Cathay Pacific Airways and its budget arm carried more than 36 million passengers in 2025, up 27 per cent from the previous year, on the back of growth in tourist numbers. Cathay Group said on Wednesday that the number of passengers handled by its premium carrier grew by 26.5 per cent to 28.87…