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 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 ...
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 ...
Singapore Airlines Ltd. will ban the use of portable power banks on flights from next month, splitting from regional rival ...
Hong Kong court releases saleswoman Tsui Zi-kew, 32, and grandmother Zhang Xinyan, 60, on two-year bind-over order.
In a report released today, Paul Yong from DBS maintained a Buy rating on Cathay Pacific Airways (CPCAF – Research Report), with a price target ...
HONG KONG -- Cathay Pacific Airways Chairman Patrick Healy on Wednesday expressed concern over the trajectory of global trade since the return of U.S. President Donald Trump, warning of uncertainty in ...
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