Key facts
- Cathay Pacific reported a 71% increase in first-half profit.
- The airline's profit reached HK$6.24 billion for the first six months of the year.
- This performance represents the second-highest first-half earnings in the company's history.
- Strong demand for both passenger and cargo services fueled the profit growth.
Cathay Pacific announced its second-highest first-half earnings on record, with profits surging 71% to HK$6.24 billion. This performance, the best for the first half of a year since 2010, was propelled by robust demand in both its passenger and cargo divisions. Despite facing impacts from war-related fuel costs, the airline managed to achieve significant profit growth. The strong results underscore a recovery in air travel and freight demand.