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Cathay Pacific Airways ( (HK:0293) ) has issued an update.
Cathay Pacific Airways has released its December 2024 traffic figures, marking a significant milestone in its recovery journey. The airline reported substantial year-on-year growth, with over 28 million passengers and 1.5 million tonnes of cargo carried in 2024, reflecting a 30.7% and 11% increase, respectively. The company aims to expand its flight offerings, enhancing Hong Kong’s aviation hub status. December saw a record high in passenger numbers during the holiday season and a notable demand for premium cabins, further supporting Cathay’s strong market positioning.
More about Cathay Pacific Airways
Cathay Pacific Airways Limited is an international airline based in Hong Kong, known for its passenger and cargo transport services. The company focuses on reinforcing Hong Kong’s status as a significant international aviation hub, particularly after the post-pandemic recovery.
YTD Price Performance: 15.57%
Average Trading Volume: 3,187
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.59B
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