Cathay Pacific posts 9.5% rise in annual profit on strong passenger and cargo demand

Government

HONG KONG, March 11 : Cathay Pacific Airways posted a 9.5 per cent rise in full-year profit on Wednesday driven by a strong passenger traffic recovery and robust cargo demand and said it planned to lift capacity this year despite geopolitical volatility. Net profit at Hong Kong's flagship airline rose to HK$10.83 billion ($1.38 billion) for the year ended December 31, beating LSEG SmartEstimate's HK$10.05 billion prediction and topping the HK$9.89 billion recorded in 2024. Cathay Chairman

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