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.
Cathay Pacific's Annual Profit Rises 1% on Higher Passenger Volumes
(Reuters) - Hong Kong's Cathay Pacific Airways reported a marginal 1% rise in its full-year profit on Wednesday, driven by higher passenger volumes and lower fuel prices, partly offset by a continued normalisation of passenger yields in the second half.
Hong Kong's Cathay Pacific Airways reported marginal full-year profit growth on Wednesday, but airfares fell because of ...
The Cathay Group has announced its 2024 Annual Results. To reward employees for a second consecutive year of solid financial ...
The airline said its annual net profit rose slightly but flagged the potential threat that trade conflicts pose to supply ...
Hong Kong's Cathay Pacific Airways has said it "assessed all the risks" in allowing the continued use of power banks on ...
Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback