Cathay Pacific Airways (HK:0293) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Cathay Pacific Airways reported significant growth in both passenger and cargo traffic for November 2024, with passenger numbers increasing by 23.1% and cargo tonnage rising by 15% compared to the previous year. The airline’s passenger load factor improved to 83.5%, and there was a notable increase in demand on routes to Japan and South Korea. This robust performance highlights Cathay Pacific’s strong recovery and expansion in the travel sector.
For further insights into HK:0293 stock, check out TipRanks’ Stock Analysis page.