Cathay Pacific Airways ( (HK:0293) ) just unveiled an update.
Cathay Pacific Airways Limited reported strong traffic figures for February 2025, achieving a new post-pandemic record by carrying over 111,000 passengers in a single day, driven by the Lunar New Year travel peak. The company is expanding its global network, aiming to exceed 100 passenger destinations this year, with new routes to Hyderabad, Urumqi, and several other cities. Cathay Pacific has also been recognized for its achievements in cargo and sustainability, receiving awards for Cargo Operator of the Year and Eco-Airline of the Year. The company experienced a 14.3% increase in passengers compared to February 2024, with a 25.4% increase in the first two months of 2025. While leisure travel demand softened post-Lunar New Year, business travel demand increased, contributing to a robust load factor in premium cabins.
More about Cathay Pacific Airways
Cathay Pacific Airways Limited is a Hong Kong-based airline company that, along with its subsidiaries, forms the Cathay Group. The company primarily operates in the aviation industry, offering passenger and cargo services. Cathay Pacific is focused on expanding its global network and enhancing its service offerings, with a significant market presence in Asia and beyond.
YTD Price Performance: 11.89%
Average Trading Volume: 1,702
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.73B
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