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.
The airline said its annual net profit rose slightly but flagged the potential threat that trade conflicts pose to supply ...
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 Pacific Group saw a slight improvement in its full-year net profit, as it hails the end of its post-pandemic ...
Cathay Pacific Airways reported cargo revenue of HK$24 billion in 2024, reflecting an 8% year-on-year increase, supported by ...
Inquirer Business on MSN2d
Cathay Pacific says profits edged up in 2024Hong Kong carrier Cathay Pacific said on Wednesday that its attributable profit rose slightly in 2024 to US$1.27 billion, ...
Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from the US market.
The Manila Times on MSN1d
Cathay Pacific profits edged up in 2024Hong Kong carrier Cathay Pacific said on Wednesday that its attributable profit rose slightly in 2024 to $1.27 billion, after ...
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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