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An announcement from Cathay Pacific Airways ( (HK:0293) ) is now available.
Cathay Pacific Airways reported a significant increase in passenger numbers for April 2025, with a 36.3% rise compared to April 2024. The company set a new post-pandemic record by carrying over 115,000 passengers on a single day. Cathay Pacific is expanding its network by launching flights to new destinations, aiming to reach 100 passenger destinations by mid-year. The company also noted positive developments in cargo operations due to recent tariff announcements between China and the United States, which may stabilize the market.
The most recent analyst rating on (HK:0293) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Cathay Pacific Airways stock, see the HK:0293 Stock Forecast page.
More about Cathay Pacific Airways
Cathay Pacific Airways Limited, incorporated in Hong Kong, operates in the airline industry, providing passenger and cargo air transportation services. The company focuses on expanding its global network and increasing its passenger destinations.
Average Trading Volume: 11,409,260
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$66.45B
For a thorough assessment of 0293 stock, go to TipRanks’ Stock Analysis page.