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An announcement from Cathay Pacific Airways ( (HK:0293) ) is now available.
Cathay Pacific Airways reported a strong start to 2025 with a significant increase in passenger numbers, achieving a post-pandemic milestone by carrying over 110,000 passengers on a single day during the Lunar New Year peak. The company is expanding its network, adding new destinations such as Rome, Sendai, Nha Trang, and Ishigaki, aiming to reach 100 passenger destinations globally this year. January saw a 37% increase in passengers compared to the previous year, with notable demand in premium cabins and long-haul routes, driven by business travel and student traffic. The airline anticipates a quieter leisure travel period until the end of March.
More about Cathay Pacific Airways
Cathay Pacific Airways Limited is an airline company based in Hong Kong, primarily involved in passenger and cargo air transport. It operates a wide network of flights to various destinations worldwide, focusing on serving the Hong Kong market and connecting to international locations.
YTD Price Performance: 6.56%
Average Trading Volume: 1,462
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.33B
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