Cathay Pacific Maintains Profit As Passenger Yields Decline

cathay 777 300ER
Credit: Rob Finlayson
The Cathay Group achieved a slight gain in annual net profit despite significant softening in yields as fares continue to normalize from post-pandemic highs. The Cathay Group reported a profit of HK$9.9 billion ($1.3 billion) for 2024, compared to an HK$9.8 billion profit in 2023. The carrier...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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