Cathay Pacific Airways Limited has announced a significant financial upturn in its interim results for the first half of 2026, with revenue reaching $8.7 billion (HK$68.1 billion), marking a 25.3% increase compared to the same period in 2025. The Group's profit attributable to shareholders soared by 71% to $793 million (HK$6.2 billion), driven by strong demand across its business lines, including Cathay Pacific, Cathay Cargo, and HK Express.
The Group's earnings per share also saw a notable rise, with basic earnings per share increasing by 75.5% to 13 cents (HK99.5 cents). This financial performance has enabled Cathay to declare a first interim dividend of 3 cents (HK$0.26) per ordinary share, a 30% increase from the previous year, to be distributed on 8 October 2026.
Despite facing challenges in the second quarter due to escalating jet fuel prices linked to Middle Eastern tensions, Cathay implemented strategic measures such as adjusting fuel surcharges to mitigate costs. The Group's resilience was highlighted by its ability to maintain profitability under these conditions.
Cathay's operational metrics also reflected growth, with available seat kilometres and revenue passenger kilometres increasing by 11.8% and 15.3%, respectively. The passenger load factor improved to 87.5%, whilst Cathay Cargo's revenue freight tonne kilometres rose by 4.9%.
Chair of the Cathay Group, in her inaugural statement, emphasised the Group's robust performance and resilience, attributing success to increased passenger and cargo volumes and enhanced contributions from associates. The Group's strategic focus and adaptability continue to underpin its financial strength and market position
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