Cathay Pacific Reports Strong August 2024 Traffic

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

Cathay Pacific Airways reported a significant increase in traffic figures for August 2024, with over two million passengers flown for the second straight month, marking a 15.9% rise compared to the previous year. The airline also experienced a 6.3% increase in cargo carried, despite a slight decrease in cargo revenue tonne kilometres. Amidst robust passenger demand, especially for short-haul destinations, Cathay Pacific set a new single-day post-pandemic record on August 10.

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