tiprankstipranks
Cathay Pacific Sees Surge in May Traffic
Company Announcements

Cathay Pacific Sees Surge in May Traffic

Cathay Pacific Airways (HK:0293) has released an update.

Cathay Pacific Airways reported a significant increase in passenger and cargo transport for May 2024, with 18.4% more passengers and 10.2% more cargo compared to May 2023. Despite a seasonal dip in regional travel, the airline saw a robust demand in long-haul flights, particularly from Southeast Asia and among students returning to Hong Kong and Mainland China. Investors are advised to exercise caution when dealing in the company’s shares, as the financial figures have not been externally audited.

For further insights into HK:0293 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskCathay Pacific Completes Final Share Redemption
TipRanks HongKong Auto-Generated NewsdeskCathay Pacific Sets Board Meeting for Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!