The Cathay Group released its traffic figures for February 2025. Chief Customer and Commercial Officer Lavinia Lau said: “February marked another positive month for the Cathay Group. Driven by the return travel peak over the Lunar New Year holiday, Cathay Pacific and HK Express together set a new post-pandemic record on 2 February by carrying more than 111,000 passengers on a single day. “As a Group, we are pleased to be adding even more exciting new destinations to our expanding global network … [Read more...] about The Cathay Group releases traffic figures for February 2025
Cathay Group
The Cathay Group announces 2024 annual results
The Cathay Group announced its annual results for the year 2024, showcasing a solid financial performance driven by stronger cargo demand, higher passenger volumes, lower fuel price and higher cost efficiencies compared with the previous year. The Cathay Group reported an attributable profit of HK$9.9 billion in 2024, which compares with a profit of HK$9.8 billion in 2023. The Cathay Group’s airlines and subsidiaries, excluding exceptional items, reported an attributable profit of HK$8.8 … [Read more...] about The Cathay Group announces 2024 annual results
The Cathay Group releases traffic figures for January 2025
The Cathay Group released its traffic figures for January 2025. Chief Customer and Commercial Officer Lavinia Lau said: “The Cathay Group has got off to a strong start in 2025. Over the Lunar New Year travel peak, on 25 January Cathay Pacific and HK Express combined carried over 110,000 passengers, marking a new post-pandemic record for the number of passengers carried on a single day. “As a Group, we are continuing to enhance our passenger network for our customers and for Hong Kong as we … [Read more...] about The Cathay Group releases traffic figures for January 2025
Cathay to invest over HK$100 billion to strengthen Hong Kong’s international aviation hub status
The Cathay Group (Cathay) has committed more than HK$100 billion in investments over the next seven years as part of its bold strategy to further elevate its customer experience, and strengthen Hong Kong’s international aviation hub status riding on the Three-Runway System. This encompasses major investments in its fleet, cabin products, lounges, and digital and sustainability leadership as it sets its sights on growing for its customers, its people and its home, Hong Kong. Cathay Group Chair … [Read more...] about Cathay to invest over HK$100 billion to strengthen Hong Kong’s international aviation hub status
Cathay to bolster its ASEAN network to seize growth opportunities with regional markets
Joining a high-level delegation led by Chief Executive of the Hong Kong SAR Government John Lee Ka-chiu, Cathay Group Chief Executive Officer Ronald Lam concluded a six-day visit to three ASEAN countries — Laos, Cambodia and Vietnam — underscoring the region’s significance to Cathay’s expanding network and future growth, as well as to Hong Kong’s economic development. Throughout the eye-opening visit, Lam toured a variety of local enterprises and major infrastructure projects in these … [Read more...] about Cathay to bolster its ASEAN network to seize growth opportunities with regional markets
Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
The Cathay Group reached another major milestone on its rebuild journey as it fully repaid the Hong Kong SAR (HKSAR) Government’s HK$19.5 billion investment. The Cathay Group has now bought back the remaining 50% – HK$9.75 billion – of the preference shares that were issued to the HKSAR Government as part of the Cathay Group’s 2020 recapitalisation. The Cathay Group previously bought back the initial 50% of the preference shares in December 2023. In addition, the Cathay Group has paid the … [Read more...] about Cathay fully repays the Hong Kong SAR Government’s HK$19.5 billion investment
