Cathay Pacific flags stronger first-half profit on travel, cargo demand
22/07/2026 05:22
Cathay Pacific flags stronger first-half profit on travel, cargo demand July 22 (Reuters) - Hong Kong's Cathay Pacific Airways 0293.HK said on Wednesday it expects higher first-half profit attributable for 2026, helped by strong passenger and cargo demand, improved performance from low-cost carrier HK Express and higher contributions from associates.
The airline group forecast a consolidated profit attributable of about HK$6 billion ($765.39 million) to HK$6.5 billion for the six months ended June 30, compared with around HK$3.7 billion from a year earlier.
($1 = 7.8391 Hong Kong dollars)
(Reporting by Rajasik Mukherjee; Editing by Nivedita Bhattacharjee)
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