Cathay Pacific Maintains Profit As Passenger Yields Decline
The Cathay Group reported a profit of HK$9.9 billion ($1.3 billion) for 2024, compared to an HK$9.8 billion profit in 2023. The carrier described the result as a “solid financial performance,” marking its second consecutive annual profit after returning to the black last year. The second-half performance was stronger than in the first half.
Hong Kong's Cathay Pacific Airways reported marginal full-year profit growth on Wednesday, but airfares fell because of ...
Cathay Pacific Group's operations chief, Alex McGowan, says there is a lack of visibility around its B777X deliveries.
The Cathay Group has reported an attributable profit of $1.27 billion for 2024, marking an 1.02% increase from a profit of $1 ...
JPMorgan downgraded Cathay Pacific (CPCAY) to Neutral from Overweight with a price target of HK$11, down from HK$12.30. The airline has emerged ...
Cathay has five lounges at its Hong Kong base, of which three are business class lounges: The Deck, The Wing and The Pier.
Hong Kong's Cathay Pacific Airways has said it "assessed all the risks" in allowing the continued use of power banks on ...
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