Cathay Pacific reported a 71 percent surge in net profit to HK$6.2 billion for the first half of the year, driven by strong travel demand and increased transit traffic through Hong Kong as passengers avoided the Middle East. Revenue rose 25.3 percent to HK$68 billion, with passenger revenue up 26.3 percent to HK$43.2 billion. Fuel costs jumped 59.1 percent compared to the same period in 2025, nearly doubling from the first quarter to the second due to the Iran war, prompting multiple fuel surcharge adjustments. The airline carried 17.5 percent more passengers, while low-cost subsidiary HK Express saw a 9.8 percent increase. Cathay Pacific remains cautiously optimistic for the rest of the year and is on track to reach its group passenger capacity growth target of around 10 percent.
Cathay Pacific Airways LimitedStrong travel demand and increased transit traffic boosted passenger revenue and net profit.
HK Express saw a 9.8% increase in passenger numbers, benefiting from the same travel demand.
